OldSoul : Dambisa Moyo: 'The world will be drawn into a war for resources'

Discussion in 'OldSoul' started by oldsoul, May 8, 2015.

  1. OldSoul

    OldSoul Permanent Black Man PREMIUM MEMBER

    United States
    May 16, 2002
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    Staying Alive
    Bronzeville USA
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    [I posted about this sister a while back. I think she's someone you should know...
    a lot of white folks say she's crazy]

    Dambisa Moyo: 'The world will be drawn into a war for resources'
    The controversial writer and economist on why she believes the economic rise of China, combined with the west's complacency, leaves us facing a future of terrifying global instability
    In 1950 the world's population stood at 2.5 billion; by last year it had reached 7 billion, and is projected to hit 10 billion by 2050. With almost all the population growth occurring in the emerging economies, by 2030 some 2 billion people will have joined the global middle classes. "Put another way," Moyo writes, "in less than 20 years we will witness the creation of a middle class of roughly the same size as the current total population of Africa, North America and Europe." Naturally, they will want mobile phones, fridges, cars and washing machines; 2,000 new cars already join Beijing's streets every day. In 2010 China had 40 cities with populations of more than a million; by 2020 it plans to have added another 225. The implications for the world's commodity resources are stark and sobering: global demand for food and water is expected to increase by 50% and 30% respectively by 2030, the pressure on copper, lead, zinc and corn is already becoming unsustainable, and no one has a clue where the energy we'll need is going to come from.
    ...Governments across the world, she writes, have singularly failed to grasp what's coming – with one sensational exception. "Simply put, the Chinese are on a global shopping spree." State-sponsored Chinese corporations are busy buying up commodities across Africa, North America, the Middle East, South America – anywhere they can – in a concerted strategy to seize control of resources before the rest of the world wakes up to the looming crisis. They're striking deals with what she calls the "axis of the unloved" – developing countries rich in commodities but poor in political and economic capital – in return for much needed investment, employment and infrastructure. Extravagant shoppers, the Chinese are happy to pay over the odds, treating their trading partners not as poverty-ridden charity cases nor political pariahs but valued commercial equals.
    ...the chief inspiration for Winner Take All seems to have been Moyo's irritation with western attitudes to Chinese growth. "There is this obsession with
    China being a culprit," she agrees. "Even now, people will still say: 'Oh, the reason why the United States' economy is not doing well is because the Chinese are manipulating the exchange rate,' or, 'The Chinese have human-rights issues,' and, 'The Chinese don't do democracy, and the Chinese cheat.' You know, it's always about the Chinese, and no one actually takes a step back and thinks: 'Gosh, actually, it's our fault that productivity is declining. It's got nothing to do with the Chinese.'"

    The hypocrisy of western criticism is, she says, quite breathtaking. We accuse the Chinese government of meddling in free-market capitalism, clean forgetting that US farm subsidy programmes and Europe's Common Agricultural Policy have condemned Africa's farmers to poverty. The US is perfectly happy to take China's money – more than $1tn worth of government bonds – yet expects the emerging markets to say: "No, we don't want Chinese money because there's an issue of human rights." We complain that the Chinese are paying too much for commodities, instead of wondering whether China might in fact have grasped their true value. And we have the nerve, she marvels, to accuse China of neocolonialism, failing to understand that "the rest of the world actually thinks what China is doing is pretty **** clever". It was the west which got rich by invading and plundering the rest of the world, whereas China is engaging with it on respectful, peaceful, generous terms.

    The rest: http://www.theguardian.com/global-development/2012/jun/24/natural-resources-and-development-china
  2. Boboshante

    Boboshante Well-Known Member MEMBER

    United Kingdom
    Mar 16, 2015
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    Good post that illustrates why many of the elite want to cull the world's population.