Murdoch: China and India Will Reshape the World

November 2nd, 2008 By: Michael van der Galien | Tags:

News Corp. chief Rupert Murdoch said in a speech given on Sunday in his birth country of Australia that the future would be shaped by India and China, two countries with fast growing economies.

The media tycoon said that the rise of these two powerhouses would “reshape the world” in the “decades” to come.

He spoke of “the great transformation we’ve seen in the past few decades, the unleashing of human talent and ability across our world, and the golden age for humankind that I see just around the corner.”

Murdoch went on to say that he considered both China and India as great countries with great peoples who emerged after long years of being ”incarcerated by communism or caste.”

“The world has never seen this kind of advance before,” Murdoch said. “These are people who have known deprivation. These are people who are intent on developing their skills, improving their lives and showing the world what they can do.”

Of course, Murdoch was not completely correct: we did see a very similar “kind of advance” centuries ago, when Europe broke with the culture and limitations of the Dark Ages and became the leader of the world. Europe’s progress may have been slower, but was just as impressive. Within decades, centuries tops, Europe was transformed from the world’s underdog into the world’s emperor.

Nonetheless, China and India’s rise is very impressive indeed. We can expect both countries to reach the top within a few decades. This while they were once considered backwards and dominated by foreign (European) forces, either militarily or economically or, as in the case of India, both.

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