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It's time for the Chinese government to end this one child policy. If they let the free market work in the farm sector, they will industrialize and become highly productive just like the rest of the industrialized world, and will have no trouble producing enough food for everyone.
This is a great story for everyone. Chinese labor is getting better money. More items will be produced for the Chinese market instead of just for export. There will be less scarcity, and so, less reason for (total) war. Economic freedoms lead to decentralization of power and create more and more productive collaboration.
For Bruce,... Walmart prices will start to edge up and pressure the chain's approach over the next decade or two. Either that OR, worldwide pressure will create new labor markets in Africa and central Asia, increasing industrialization there and ending scarcity and leading to a more peaceful world. Chinese laborers move to the next sector up and start building cars; Somalian laborers create the cheap Walmart crap; everyone is more connected, more productive...
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