And the difference between new Asia and ‘old Europe’
Tom Friedman says it in, well, a Tom Friedman-like style.
The dirty little secret is that India is taking work from Europe or America not simply because of low wages. It is also because Indians are ready to work harder and can do anything from answering your phone to designing your next airplane or car. They are not racing us to the bottom. They are racing us to the top.
Indeed, there is a huge famine breaking out all over India today, an incredible hunger. But it is not for food. It is a hunger for opportunity that has been pent up like volcanic lava under four decades of socialism, and it’s now just bursting out with India’s young generation.
Yes, this is a bad time for France and friends to lose their appetite for hard work – just when India, China and Poland are rediscovering theirs. [NYT]