The west enjoys its economic prosperity because of its dominance on the service and manufacturing sector. These first world nations can easily and more efficiently transform raw materials and manpower into useful goods, at a rate that tops every other place on the planet. We can say that today's developed world is largely industrial in nature and on the other hand, the poorer, less-developed nations of the world are still engaged in agricultural endeavors.
But then, globalization is now changing the face of the world economy, especially with the advent of the internet, which has enable the introduction of outsourcing on a massive scale, unparalleled by anything else in the past. Because of this, manufacturing jobs are moved from countries that have soaring labor costs to countries that offer cheaper labor of similar quality.
Western post-industrialism could be the best answer with respect to its problem arising from an aging population, because information and technology jobs are not very dependent on hard labor. Instead, it depends on knowledge and intellect; something that one can still have even past retirement age.
The East that is historically known as the poorer of the two, can have a better fighting chance in as far as improving social services, education, and virtually all other sectors of their local society. The issue of economic equality is something that concerns every person on Earth. In light of this economic paradigm shift brought about by the post-industrializing West and an industrializing east, then both will have an equally powerful bargaining chip in the international arena.
It is hoped that because of this, international laws will become fairer to all parties concerned. Because of a more equitable distribution of economic clout, each party will think of the other more than they did decades ago. After all, one needs something from the other, and strained relations will do nothing to ensure that. But then, this does not have to mean that they will be more predisposed into engaging in wars just because of this perceived economic pride. Actually, the reverse may be true.
Because of this dichotomy of economic roles, countries will become more interdependent on each other, so much so that waging a war will assure mutual destruction. But then, here lies the problem: what about those people who may get left behind? What about those ones who are not capable of developing or changing their current skill set so that they could adapt? That is a question that has perplexed everyone up to this point.
But then, globalization is now changing the face of the world economy, especially with the advent of the internet, which has enable the introduction of outsourcing on a massive scale, unparalleled by anything else in the past. Because of this, manufacturing jobs are moved from countries that have soaring labor costs to countries that offer cheaper labor of similar quality.
Western post-industrialism could be the best answer with respect to its problem arising from an aging population, because information and technology jobs are not very dependent on hard labor. Instead, it depends on knowledge and intellect; something that one can still have even past retirement age.
The East that is historically known as the poorer of the two, can have a better fighting chance in as far as improving social services, education, and virtually all other sectors of their local society. The issue of economic equality is something that concerns every person on Earth. In light of this economic paradigm shift brought about by the post-industrializing West and an industrializing east, then both will have an equally powerful bargaining chip in the international arena.
It is hoped that because of this, international laws will become fairer to all parties concerned. Because of a more equitable distribution of economic clout, each party will think of the other more than they did decades ago. After all, one needs something from the other, and strained relations will do nothing to ensure that. But then, this does not have to mean that they will be more predisposed into engaging in wars just because of this perceived economic pride. Actually, the reverse may be true.
Because of this dichotomy of economic roles, countries will become more interdependent on each other, so much so that waging a war will assure mutual destruction. But then, here lies the problem: what about those people who may get left behind? What about those ones who are not capable of developing or changing their current skill set so that they could adapt? That is a question that has perplexed everyone up to this point.