Distinction between Politics of Developed and Emerging Nations

 

Distinction between Politics of Developed and Emerging Nations

In emerging nations, national systems: economic, financial, educational, industrial, are far behind currently available technology & human knowledge frontiers. This leaves room for improvement. So in those nations, political debate centers around “development”. Political parties distinguish themselves with manifesto or propaganda of better development models.

In developed nations like United States and United Kingdom, nation’s systems are close to possibility frontiers. Debate (in US, UK) centers around policies / issues, legal or economic choices:

  • Equality or Pro-market
  • Immigration
  • Tax
  • Climate change
  • Foreign policy
  • Healthcare expansion or contraction

Development (Growth) in developed nations require (in many cases) revolution in human knowledge and understanding

  • Infrastructure for flying cars & self driving cars
  • Smart Cities
  • Revision of our current understanding of Finance