While the world watches with a mixture of envy and awe, China rises. Its political, economic and military power grows at dizzying speed, its leaders seem unfettered by any restraints. Yet it is the very restraints that bedevil other countries’ leaders — political opposition, free investigative journalism, special-interest activism, and public, protracted, messy debate — that slow industry’s rush to self-destruction. China started its industrialization well after the West, and may well crash and burn long before the West because the only lesson it has taken from our experience is how to commit suicide faster.
As we have reported here before, China is running chronically short of coal, oil, and electricity. And soon, according to a United Nations investigator, it will be running short of food. Continue reading