Tuesday, December 25, 2012

China Set To Surpass US In R&D Spending In 10 Years

The fact is, the wealth of the world is being redistributed, and the US and EU are coming up losers.

The wealth of the world being rebalanced so everyone has more equal wealth is a good thing, in my opinion. I'm not sure how it isn't, in any way at all.

Now, if you're saying that corporations are taking most of the money, and distributing the wealth unequally, that's a different issue, which is a result of our current system, which they've adopted to some degree.

More equal wealth will allow manufacturing and farming to actually exist in the west without subsidies, too. At the moment we're clinging on to high tech specialised manufacturing, but I doubt that will last for that long.

Source: http://rss.slashdot.org/~r/Slashdot/slashdotScience/~3/NyxwZW_sCe0/story01.htm

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