But roughly every 120 years, global leadership shifts hands.
Why? Because success breeds complacency. Great societies, like great countries and companies, eventually get comfortable. They ride on the coattails of their success. They offshore everything to developing countries because they have the luxury of prioritizing returns and efficiency over resilience. It’s easy to chase lower costs abroad when the threats seem far away. But when it matters most, these societies find they’ve lost the capacity to build anything that counts.
-Chris Power, as culled from here
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