[A break from my East Java series]
In my post dated Oct 22, 2010, I hailed America’s decentralized government over Malaysia’s centralized model. Nonetheless, I must admit that American model isn’t all perfect. Here are some pitfalls:
Short term focus
The United States is the champion of capitalism. Typical Americans are more concerned with quarterly bottom line than long term profits.
Not in my backyard!
American homeowners do not want infrastructure to be built near their houses, for fear it would affect the property values. Such mentality has negative impacts on development.
(Read related post here.)
Economy based on consumption
The 2008 economic downturn has proven that America’s economy based on consumption is not sustainable. It is also bad for the environment.
Business groups have too much influence over the Congress.