Video:
Dambisa Moyo (@dambisamoyo): Is China the new idol for emerging economies? - The developed world holds up the ideals of capitalism, democracy and political rights for all. Those in emerging markets often don't have that luxury. In this powerful talk, economist Dambisa Moyo makes the case that the west can't afford to rest on its laurels and imagine others will blindly follow. Instead, a different model, embodied by China, is increasingly appealing. A call for open-minded political and economic cooperation in the name of transforming the world.
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Why I'm posting: Another call to look seriously at China, but without the "the sky is falling rhetoric" - why if we want to remain relevant, we need to be doing more to help other countries and how it's easier for China to do that because the corporations are an extension of the state. This isn't a new thought to me (but it's articulated and supported far better than I ever could), I've always wondered why part of our strategy in these recent wars wasn't to bring in not just engineers to improve infrastructure, but also corporations to establish factories (jobs) or imports (culture, product, goodwill) for new markets.
