aspirational vs envious

It’s New York measured against Hong Kong. Richard W. Rahn – Hong Kong, an aspirational society to emulate – “The currency of Hong Kong is effort, rather than envy”

Why is Hong Kong succeeding while New York City is receding? They are both world-class cities with about the same per-capita income and great natural harbors.

Hong Kong, like Singapore, South Korea, Chile and Switzerland are aspirational societies, rather than societies consumed with envy, like France. Work, saving and investment are not punished in aspirational societies, and there tend to be less social conflict and a higher level of civility. The United States used to be an aspirational society, but has increasingly become an envious society.

The leaders of China understand that aspirational societies work and those based on envy do not — but an aspirational society requires both economic freedom and individual liberty. Those who seek to control the lives of others, whether they are in Beijing, Paris or Washington, fear aspirational societies and thus, seek to regulate them — out of existence.

Envy, hate, and greed – it isn’t capitalism but rather the take from those who have to give to those who appear to need (or those who are friends of those in power). Powerful emotions overwhelm the ability to learn from history or from reality.

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