The West has to reflect on its values and draw on new strengths in competition with emerging Asian countries, suggests Dominique Moïsi of the French Institute for International Relations in the Financial Times: "In a world where we will soon be relatively few, our goal must be to become a niche of excellence. Today this model of excellence is most visible in the 'northern lights' of Scandinavia, where power is modest and honest, where women play a major role in society, where a human brand of capitalism is practised, and where respect towards migrants is the rule. This is clearly not the model followed in the US. But neither is it the model of Nicolas Sarkozy or Silvio Berlusconi, and in this France and Italy are both failing to live up to Europe's enlightened ideals. The time has come to realise that we live beyond our means in material terms, and well below our means both intellectually and spiritually. So western powers have to reinvent themselves, but with one major consideration in mind: that for all the fears that have come with the rise of Asia, their future ultimately depends on what lies within." (05/08/2010)
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