Essay Database

The Millennium of the West: Wealth According to The Economist article "The Millennium of the West," the last millennium, especially the last 250 years, has seen a triumph of the West's beliefs, ideas, military and government. The article makes an attempt to step back in time and analyze the evolution of economic growth, science and technology throughout the world. A commonly stated adage is that one can predict the future by looking into the past; therefore, …

…contend that overall opportunities for growth are slowing as the frontier of technology continues to move closer to the frontier of science. However, such a contention appears to be doubtful in the near future, as the progress of science and technology in the Internet, genetic engineering and other developing areas seems especially fruitful. Overall, if the West's politics, beliefs and institutions permit, the West's dominance in the arena of global competition should flourish yet awhile.