My comment: Infinite growth is not possible in a finite planet. The
humankind should comprehend this basic concept to define its future.
And, according to the responsibility that the human race has, to
define the future of life on the planet.

This crisis is not over, just this phase. Or just this phase in some
economies.

In cooperation with all others, China has to lead  the future economic
system. That means that we have to accept that we cannot follow this
path. To state one goal in particular for all human beings across the
globe is ridiculous and untrue. The human being is complex, desires
are diverse and rich, goals are not linear and ways to reach them are
unpredictable.

This is not just a wish. That is the only feasible and realistic way
to sustain life.

It is not true that power always came from money. Even today, in some
countries, power and money do not match. And of course, it was not
true some centuries ago when power was based on religion, or on
tradition, or ownership of land, or many other sources (or
justification) of power or success-meter.

Only the right balance between selfishness and selflessness makes an
economy, and a country and any human group, great, truely rich and, at
the same time, sustainable.

A new civilization comes and we must state better values that what we
received. To improve is the real destiny of the humankind. Improvement
does not equate to any quantitative indicator in particular. Each
human being knows his/her own wishes and indicators.  .

Peace and best wishes.

Xi

http://news.xinhuanet.com/english/2009-07/21/content_11742588.htm

BEIJING, July 21 -- One of the lessons yet to be learned from the
financial crisis is the loss of values as people go crazy chasing
success, which often is defined in material or numerical terms.

    China's goal is to build a prosperous and harmonious society. But
a society measured in terms of money alone cannot be one of equal
success, and it's something no nation or community can afford to
have.

    The only realistic way of building a harmonious society is to
encourage the more gifted and creative members and, at the same time,
give due protection to the majority of the less materially successful
people, including tolerating their failures.

    Our economy may no longer be in as bad a shape as it was at the
turn of 2009. And many economists are celebrating the news that GDP
growth is, once again, picking up. But many things that brought the
world economy to a near collapse are still there - including the
pitfalls of a programmed quest for some narrowly defined success.

    For too long, success has been exemplified by a few men and women
who have managed to build or amass huge amounts of material wealth
either through business ventures or technological innovations. There
is no doubt that a country's economic growth needs to be powered by
such endeavors.

    From Beijing to Hong Kong and London to New York, bookstores are
full of so-called success-guide books. In his newly published
Outliers: The Story of Success, which I saw being displayed in all
Hong Kong bookstores when I visited the city last weekend, Malcolm
Gladwell actually reveals that there can be many chance factors that
help an individual realize the best of his or her potential.

    Following that logic, the more important thing to do is not to
expect everyone to be equally versatile in computer programming, or
all factories to be highly competitive in making electronic gadgets
(in fact, that is likely to hurt a country's competitiveness by
compromising its product diversity, as China's recent export records
show).

    By the same token, all parents should not expect their children to
get admitted to supposedly top-notch (in fact most expensive) business
schools.

    If people manage themselves and parents guide their children like
officials used to run China's planned economy - as people can remember
from the early 1970s - there wouldn't be uncertainties in society and
at different stages of an individual's career.

    But the consequences would be anything but good. We would end up
losing the contribution of many people with hidden gifts, especially
gifts other than those required by the few and highly competitive
financial service jobs.

    On a societal level, we would create a gap, as amply reflected by
the income discrepancy between corporate managers and the rest of the
white-collar workers, not to mention the meager incomes of men and
women working in factories and on farms.

    Some critics have already pointed out the cruel reality that the
world is likely to see from now to the time when the economy regains
its vigor, a prolonged period of growth without new employment - or
some growth records amid high unemployment. This is a punishment meted
out by our past - our old definition of success might have actually
killed the chances of quite a few less profitable but no less
interesting enterprises and jobs for college graduates now desperately
looking for openings.

    A true challenge for an economy is not how well it can resist a
crisis - because no ship can claim to be tough enough to withstand a
powerful storm - but its resilience, especially its ability to
generate new chances for seeming failures and not so successful
members of society.

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