Interestingly, this summary article by Wong Chong is entitled: "In 2009, can China alone Save Capitalism?" Meanwhile, Schnibben notes that China 's command capitalist economy is still growing at a rate of 7.5% (although the world has been used to double or triple those growth numbers over the past decade).
http://www.iisd.ca/publications_resources/sust_devt.htm
Interestingly, two Asian countries are taking on Germany's dominance in the sustainable energy sector-i.e. a sector Germany has increasingly supported as a national policy since the 1990s after committing itself to leave the atomic energy production market. The two new upstarts are the South Korean and the Chinese governments who have seen fit to use this economic crisis to increase sustainable practices and alternative or clean energy production. South Korea and China , with their focus on energy savings and sustainability, are joining Japan , which had previously for decades invested too heavily primarily only in the atomic energy sector.
http://www.co2-handel.de/article184_8900.html
The explanatory model by Schnibben, in his LOB DER GIER, of essentially three brands of capitalism functioning simultaneously on planet earth as of 2009, however, breaks down at this point. This is because there are now converging activities between all three capital economic regimes in the area so fighting global warming and promoting sustainable energy practices-which, in turn, bring more security to all regimes involved. In short, both global warming and global economic crises still need more global, rather than regime specific responses.
This convergence appears true even though no breakthrough occurred in the July 2009 G-8 meetings discussions with China , India , Mexico , Brazil , and South Africa in an attempt to try and get these large developing states to committing themselves to halving their production of Green House Warming Gases by 2050. Why? Well, at that meeting, each of those five large developing (non-OECD) states agreed that they have played a role in global warming, especially over the past 12 years since the Kyoto Treaty was signed (i.e. in January 1998).
This anti-Global Warming regime will continue to involve a lot of nation states and regional regime management of the political economic economies in every corner of the planet. Meanwhile, because the United States under Barack Obama and most large corporations and banks in America are set to try, meet, and eventually exceed global warming gases reduction commitments for decades to come. This means that common goals in economic management can and will be coordinated worldwide in coming decades.
Perhaps, the world will indeed have a multiplicity of capitalistic models functioning over the next-half century, but with common core beliefs, education, research, and values in the system, (whether we are talking about energy, sustainable practices, or political economic development) the need for more universal agreement on some issues is certainly essential for man's long-term survival on this planet.
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