Enjoyed Stephen Heins analysis Re:EKC. The apparent growing acceptance of communism within the USA will point to Vietnam Nam as proof of its viability. Like to hear the theory / ideas explaining the increase interest in socialism/communism in the USA and how energy availability plays its part.
It was bound to be. Lifting hundreds of millions out of abject poverty was always going to result in rising wages and higher living standards once China adopted State capitalism in the manner they did. While that wasn’t going to close the labor cost gap with the U.S. and Europe, it was going to open up a gap that SE Asia would exploit.
What happened to the U.S. industrial base will happen to China over time, for the same labor cost reasons.
Vietnam will burn the hell out of coal until they reach a certain living standard and per capita GDP.
Then they’ll have the wealth to care about air quality and burn less per unit of additional GDP.
Environmental Kuznets Curve, Robert.
Yeah, OK, fine … it doesn’t explain wealth disparity/inequity. But it is almost an iron law when it comes to the relationship between decreasing environmental degradation and increasing prosperity per unit of production over long periods of time.
EKC is at work in China now, and eventually in Vietnam, Indonesia, and elsewhere in SE Asia. Communism may slow down the progress, but won’t stop it.
Be sure the not to be missed Uncle Ho's body preserved in his mausoleum by the same people who maintains Lenin's body, or so I was told.
I would suggest looking at Vietnam’s offshore oil and gas development. They have had some nice wells recently.
Correction : It is enviornMental that expressed the EKC.
In case you did not know….
To the right of your name in your original post, you will find three dots. One of the options in those dots is the ability to edit your post.
I make spelling/grammar errors all the time, so I find myself occasionally editing my own posts.
TY John B.
Enjoyed Stephen Heins analysis Re:EKC. The apparent growing acceptance of communism within the USA will point to Vietnam Nam as proof of its viability. Like to hear the theory / ideas explaining the increase interest in socialism/communism in the USA and how energy availability plays its part.
It sickens me to hear of more acceptance. I’ll die trying to prevent it before I ever accept it.
Robert Energy Humanist Appleseed!
It was bound to be. Lifting hundreds of millions out of abject poverty was always going to result in rising wages and higher living standards once China adopted State capitalism in the manner they did. While that wasn’t going to close the labor cost gap with the U.S. and Europe, it was going to open up a gap that SE Asia would exploit.
What happened to the U.S. industrial base will happen to China over time, for the same labor cost reasons.
Vietnam will burn the hell out of coal until they reach a certain living standard and per capita GDP.
Then they’ll have the wealth to care about air quality and burn less per unit of additional GDP.
Environmental Kuznets Curve, Robert.
Yeah, OK, fine … it doesn’t explain wealth disparity/inequity. But it is almost an iron law when it comes to the relationship between decreasing environmental degradation and increasing prosperity per unit of production over long periods of time.
EKC is at work in China now, and eventually in Vietnam, Indonesia, and elsewhere in SE Asia. Communism may slow down the progress, but won’t stop it.