>Each period of post-WW2-boom capitalism found its model of ascendant
>capitalism, hyped by some (who tout it as an example that other
>nations ought to emulate) and feared by others (who worry about
>trade deficits). It was once Japan. Then it was the "Asian
>Tigers." Now it's China and India. What is noteworthy, though, is
>that the standard of capitalist success, measured by the wellbeing
>of the population of the model capitalist nation featured by the
>media, has progressively gone down. :->
You mean that each successive model was at a lower pole in the world income distribution? I don't think I'd make this argument, because you could spin it as: see, capitalism, in its historical mission of endless material uplift, is now reaching some of the world's poorest people.
Doug