Tuesday, February 28, 2006

Make Money-Not War

U.S. computer chip gigant Intel have decided to invest $300 million in Vietnam.

As most readers of this blog are surely aware of, the U.S. government made a misguided attempt to protect Vietnam from the communists with military intervention during the 1960s and first half of the 1970s, a mistake that caused great financial and human costs both for America and Vietnam. Ultimately, the U.S. government was forced to abort this intervention under humiliating forms.

However, luckily, the triumph of communism in Vietnam proved to be short-lived. While Vietnam still supresses free speech, it have like China -but unlike North Korea and Cuba- ditched the communist economic system and instead become increasingly capitalist.

And so now, Americans and the Vietnamese now deal with each other under more constructive and mutually beneficial forms, to make money and not war, as the Intel investment in Vietnam shows.


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