Earlier quoted context omitted.
Why do you think Japan is 1000000x more sophisticated?
Human rights? This is growth driven by sheer number of people and greed. Not really what you want as your template.
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India has surpassed Japan to become the fourth-largest economy
21–30 of 64 posts
Re: India has surpassed Japan to become the fourth-largest economy
#22Earlier quoted context omitted.
You are right, I think I forgot a couple more 0s.
Why do you think Japan is 1000000x more sophisticated?
India has one of the most agrarian populations in the world, with a comparatively high prevalence of subsistence farming too. Its GDP per capita is maybe a tenth of Japan's.
One million is hyperbole, but Japan's more advanced economy and lower population vs India's less advanced economy and higher population is a strange comparison in some ways. The single number doesn't tell the whole story.
Re: India has surpassed Japan to become the fourth-largest economy
#23Earlier quoted context omitted.
Why do you think Japan is 1000000x more sophisticated?
Human rights? This is growth driven by sheer number of people and greed. Not really what you want as your template.
Japan may have better human rights now, but was not the role model in the WW2.
People are an important component of growth. Japan is facing aging population negatively impacting their GDP.
What is greed for you? Building companies in the hope of becoming millionaire? If yes, then all the big economies have followed this path. Even China and Japan were greedy in that sense.
Re: India has surpassed Japan to become the fourth-largest economy
#24You can stop worshipping growth any time you like.
The alternative is stagnation. And if you think that zero sum economy would favor you over corporations and billionaires, I have a bridge to sell you.
Assuming positive real return on their investments, a zero growth (or low growth) economy means the rich will own an ever growing proportion of wealth - its simple arithmetic.
Re: India has surpassed Japan to become the fourth-largest economy
#25You can stop worshipping growth any time you like.
The alternative is stagnation. And if you think that zero sum economy would favor you over corporations and billionaires, I have a bridge to sell you.
And if you think humanity is making it past ~2100, I have some carbon credits to sell you: https://www.sciencedirect.com/science/article/pii/S001632871...
Growth über Alles / the race to consume everything we can in our spherical petri dish with the same level of awareness as mindless bacteria, will be the end of human civilisation, regardless of anyone's economic beliefs.
Re: India has surpassed Japan to become the fourth-largest economy
#26Earlier quoted context omitted.
Nominal GDP is very important for geopolitics.
Nuclear weapons even more, which India does have.
Japan reportedly can build those weapons any time they feel like it...
https://en.wikipedia.org/wiki/Nuclear_latency#Nuclear-thresh...
Re: India has surpassed Japan to become the fourth-largest economy
#27On one hand this is one of early signs of upcoming human capita importance - as automation becomes much more equally distributed, it's the human amount that becomes relevant first and foremost. India needed to increase GDP/cap only a little bit to get big result
On the other... this is showcasing the general failure of Japan in general and its moral defeat to US in the late 80s. Plaza accord was a mistake and Japan keeps riding that decision as a US puppet and against personal interests to this day - including recent turn to militarization
Re: India has surpassed Japan to become the fourth-largest economy
#28[flagged]
How is Japan 10000x more sophisticated?
There's this giant gundam they retired last year, and I shudder to imagine what mecha they're building now - https://www.tokyoweekender.com/entertainment/tech-trends/yok...
Re: India has surpassed Japan to become the fourth-largest economy
#29Re: India has surpassed Japan to become the fourth-largest economy
#30Earlier quoted context omitted.
Why do you think Japan is 1000000x more sophisticated?
India has one of the most agrarian populations in the world, with a comparatively high prevalence of subsistence farming too. Its GDP per capita is maybe a tenth of Japan's. One million is hyperbole, but Japan's more advanced economy and lower population vs India's less advanced economy and higher population is a strange comparison in some ways. The single number doesn't tell the whole story.
So you're basically talking about HDI. That's one metric. But I think equally important is also to consider the rote tech capabilities. That India still has a lot of people practicing susbistence farming and that China still has people living in caves, and that the US still has many homeless people living in tents, ... , all those aren't indicative of the rote tech capabilies of those respective countries.