Ron, do you remember that remark about the wall ...
The biggest issue. - Paul Krugman, August 1,2013
GLASNOST and Perestroika? The Paul Krugman Blog - CHAOS LOOMS
The biggest issue. - Paul Krugman, August 1,2013
One wonders if Americans could actually learn something from
the Russians and turn their minds to revitalizing a structure that was designed
more than 230 years ago and for which there is growing evidence that it is
simply running out of gas - needing a solid update to better reflect the
practical needs of the times.
Sadly, China (the competition?) is almost looking to be a
structural role model for efficiency of governance and business. At the very
least it has conceptual strengths that could be stolen to build better
"Comparative Advantages". A
better mousetrap? Centralist approaches and devices such as "A National
Business Strategy, Strategic Business Board or Sovereign Funds" seemly
have value, that could be studied for application - and who cares what we call
its political origins, when it cures a potentially terminal disease?
So welcoming a home-grown “Glasnost" and even combining
the morale cleansing of "Perestroika are ideas, suitably re-branded for
local markets , that could bring about NOTIONS for remedies and plans to overcome the
growing "competitive disadvantage" of stuttering random-walk
governance
There are plenty of good folks around to move the ball
forward; Mr. Krugman and Mr. Chomsky are top of mind; who could lend a valued
hand. Then there is this other experienced chap named Gorby, who may welcome a
call for guidance. Imagine that!
Oh well, no harm in wondering...
T. A. McNeil
First Financial Insights
August 1, 2013
WHAT WOULD THEY THINK TODAY?
Tom, what if we call this idea something like Glasnost?
