Technology represents an irresistible tide.
No matter how tightly Republicans cling to the resource economy technology is overtaking it and, in doing so, destroying any hope his politics may have for a future.
We are on an accelerating track of change in which human capital means more-and-more, all other types of capital less-and-less. Devotion to the interests of the resource industries is counterproductive. That’s good for China, great for India and East Asia, even good news for Africa and Latin America. All the Middle East needs is a little peace to realize that Israel is a better economic model to follow than Saudi Arabia.
Revolutions are coming. Good ones.