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Kalyan Donating Member (152 posts) Send PM | Profile | Ignore Thu Mar-19-09 10:25 AM
Response to Reply #24
28. valid point ...
however let me point out something to you:

* "that this system is not sustainable on a long-term basis": If the system is not sustainable in the long term, then the companies move to the new model. What it is? i don't know but companies are in for their profits and as long as they don't violate any laws, they will try and maximize their opportunities for profit.

Let me get back to my earlier point: US led (or still leads) in innovation. Apart from naming the obvious, most innovations in the past came from developed economies. Since the rest of the world is catching up, US needs to find newer pastures for innovation. GREEN TECHNOLOGIES is one of the most obvious areas. As long as product innovation & ownership comes from US, you will stay ahead in the race else get lapped up by whoever comes up with next innovation. Remember, pre-1947, Britain & not US was the global power. Lack of adjustment & innovation cost them their place at the top.
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