Yes, BTS, but is it sustainable? Under current conditions I would say not.
Sure. But with better technology, we can do more with less, or we can access things we could not before. Necessity is the mother of invention.
There is also the question of who will be in charge. China and India are emerging as the two new world economic superpowers.
It doesn't matter, in fact, it accelerates the process.
China and India are emerging as the two new world economic superpowers.
But who will be the world's militarysuperpower 50 years from now?
There will be none. There will likely be regional powers, and they will be forced to cooperate. Economic prosperity in a globalized economy demands trade, and war disrupts trade. We can all either trade, ignore each other, or fight wars. Only the first option benefits all involved. Advanced, rational nations can't fight wars like the old ones any longer.
The great worry is the backwards medieval cultures accessing advanced technology and causing disruption.