The Instigator
P.Ellis
Pro (for)
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The Contender
AMRead
Con (against)
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0 Points

There is an economic pendulum effect between the East and the West

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Voting Style: Open Point System: 7 Point
Started: 2/25/2015 Category: Economics
Updated: 2 years ago Status: Post Voting Period
Viewed: 410 times Debate No: 70687
Debate Rounds (5)
Comments (3)
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P.Ellis

Pro

There is quite clearly an economic pendulum effect in everything, which, on its largest scale is a swing of economic greatness and disparity between the East and the West. Furthermore we are know in the death throws of Western Economic supremacy, and the East is showing signs of becoming the new super power, which you can see from the similarities in their development and how ours was during the 18th and 19th Centuries.

You can use the different periods however you like, there is no structure to this debate, though it would be nice to get as many points across as possible as soon as possible, so they can be well argued and hopefully, no matter who wins, we will both have a broader sense of how the Global economy will move forward.

[ps. I believe that this pendulum effect will only be broken by a proper Communist system, across the whole world, where no workers can be exploited, as i will argue cheap labour is one source of this pendulum effect. But let's not talk Communism for this debate]
AMRead

Con

First historically it hasn't been that true. Rome and Han china are a fair comparison and Byzantium and Sui china are also. Throughout history it was just hard to really have substantial differences. Perhaps there may be a trend but it is not terrible pronounced.

Also how are you measuring on the aggregate or on the per captia level. On the aggregate level I would need to see the statistics to my knowledge China and India have always been the economically most powerful nations hold perhaps the recent century. At a per captia level it is simply approaching one another. There is no reason to believe that when the east becomes fully industrialized per captia wealth will exceed the west. Japan serves as a good example in that it does have about the same per captia wealth as the west.

I do believe there are variations in markets but not enough to discern a large scale historical trend.

Finally for round two can you describe who you feel is east and west? I take a east as east Asia and west and West Europe and North America.
Debate Round No. 1
P.Ellis

Pro

P.Ellis forfeited this round.
AMRead

Con

AMRead forfeited this round.
Debate Round No. 2
P.Ellis

Pro

P.Ellis forfeited this round.
AMRead

Con

AMRead forfeited this round.
Debate Round No. 3
P.Ellis

Pro

P.Ellis forfeited this round.
AMRead

Con

AMRead forfeited this round.
Debate Round No. 4
P.Ellis

Pro

P.Ellis forfeited this round.
AMRead

Con

AMRead forfeited this round.
Debate Round No. 5
3 comments have been posted on this debate. Showing 1 through 3 records.
Posted by P.Ellis 2 years ago
P.Ellis
A. Banerjee, you are correct by saying that, but remember how badly our governmental system was in the early 1800s, (where I would say Asia averages at now) and we can probably expect a swing to the left (sorry China) when their proletariat grows large enough. We were not perfect either, its just part of evolution.
Posted by P.Ellis 2 years ago
P.Ellis
sorry for missing the Rounds, i have been to busy. Basically what you would like to think is that we can all get richer together. Unfortunately this is not true, and in a capitalist society there MUST be a bourgeoisie and a proletariat, one being poor and the other rich. You only have to look at Japan (and I am sorry for using his own argument against him) to see how, when it became industrialised, it completely destroyed the British car industry. The west is getting comparatively poorer, and the East richer, until we switch around. Japan is just one country, so it will not defeat 2 continents, but if all of Asia is to that standard, someone has to be poor and its going to be us. Just look at how Western countries like Britain, Germany and America sink in the tables of richest countries, while countries like China, Indonesia and India rise. We are past our prime economically, and we are slowly descending into poverty. Our leaders at the moment have no possible way of reversing this.

However there is a bright side. I believe that if we create a modern proletariat, like you see in Asia, we can out compete them. The future of economic supremacy is not a race to see who has the largest Bourgeoisie, but the largest Proletariat. The figures lie, having more money per person makes your country poorer later. But if we instigate a modern proletariat before 2050, then we could get back on top and stay there.
Posted by A.BANERJEE 2 years ago
A.BANERJEE
I guess Ellis is correct to some extent. The Eastern world is geographically very rich countries compared to the western countries in today's context. Countries like China & India are having potential of becoming super economies but constraints are still there. Countries like India are facing problems with corruption as it is eating up the system. For me Yes the eastern countries can beat the West Countries in progressive economics but once they can abolish the devils with their own governing systems.
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