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The Model to Copy?


whome?

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This article gives some great insight into the economic crisis (how/why it happened) and what we still have yet to learn from it.

 

It is no wonder to me that you hear people in China now openly question modeling their economic structure on the free-market capitalism of the USA ...

 

Open disclosure: I have worked in manufacturing (and I am an engineer) for the past 25 years so of course the criticism of the "top level" MBA programs sounds "sweet" to me ... but there I believe you cannot continue to run the most powerful country in the world based on service industry, cheap credit to provide cash for people to buy those services (that they really do not need anyway) and the rich class being the middle-man who buys goods cheap and sells high while running away with the profit....

 

http://www.atimes.com/atimes/Global_Economy/KG02Dj01.html

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