Who Will Rule the 21st Century?

clipped from www.kurzweilai.net Straight-line extrapolation shows that China and India, with their faster growth rates, will eventually catch up to the U.S. in terms of pure economic size. But America has a final competitive advantage: its confluence of bright, hungry entrepreneurs and flush, eager investors; and its stable, highly adaptable system. Originally published in Business Week magazine on July 2, 2007. Reprinted with permission. We’re neither economic forecasters nor political prognosticators by trade, but you don’t have to be either to see that right now the U.S. holds a robust lead in the race for hegemony. Our economy is five times as large as China’s and 15 times larger than India’s, with about one-fourth the population of either nation. That gives the U.S. a real advantage in providing education, health care, and national security—plus all the other stuff that makes a country thrive.