Jim Hoagland picks up my favorite undermade argument and turns in a convincing column that India, not China, will be the next great economic power. Their government is more flexible, their industries more advanced, their people better educated, their economy more stable, and their path forward more obvious. China can't rely on manufacturing forever, and it's really unclear whether or not they can make the jump to an advanced economy, particularly considering their massively undereducated rural population and the command/control nature of their government. Yes, I know they're more capitalist than communist, but that's too often taken to mean they're not communist, which just isn't true. Anyway, read the op-ed, it's thought provoking stuff.
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