For centuries, the western countries have been
congratulating themselves on their democratic model. In business arena, it
means decentralised governance, of which the governments largely do not
interfere with business and leave the technical innovations to the business
world.
One thing they have ignored is that the decades of technical
advancement from NASA space exploring is solely due to the US government
involvement. The cold war accelerated the technology development of space
exploration. Without the US government involvement, there won’t be NASA’s moon
landing or planet explorations. This is the evidence that centralised
governance can contribute to technology development.
In the last century, Singapore has also proven that direct
government involvement can greatly lead to technology advancement and social
harmony. From the western countries’ point of view, Singapore is not a real democratic
country. The government dictates almost every aspect of people’s lives. But in
reality, it is this kind of government involvement which has led Singapore to a
prosperous country, where people must work if they want to eat, where the crime
rate is the lowest comparing to those of western countries, where women can
talk safely late at night and do not have to worry about personal safety.
In this century, China also proved that the direct
government involvement, or central governance, is the key to technological
advancement. At the end of the last century, China was still a poor country. It
was a technologically backward country where people envied the goods imported
from Japan and western countries. In merely two decades, China is now exporting
electronics and appliances to western countries, leading 5G development, and is
a fearsome competitor of the Silicon Valley. It also achieved moon landing and
sent humans to the space. It all comes down to the centralised governance
model.
However, the western countries are still hooked on
decentralised governance model which leaves technology development to private
business. Private companies are short sighted. They focus on the revenue of the
next quarter and the next year. They don’t have a plan for the next ten years
or one hundred years for their countries. These are the responsibilities of the
governments.
The governments do not control the technological standards,
e.g., 5G or 6G. This gives countries using the centralised governance model an
opportunity to catch up and even supersedes the western countries.
The western countries must wake up and rethink its
democratic model, and its way of managing technology development, if they don’t
want to be despised by the rest of the world.