This week's column
Sunday, June 15, 2008 at 2:30AM
Thomas P.M. Barnett

Capitalism's reverse domino effect in Vietnam

The Economist magazine recently published a special report on Vietnam. It's a fascinating story of how a closed political system rapidly opened itself up to globalization's transformative embrace by mixing role models from all over the globe, including accepting outside religious influences.

Call it the reverse domino effect: Vietnam goes super-capitalist to keep up with its northern neighbor -- uber-capitalist China. And with incomes rising rapidly, Vietnamese naturally reach for spiritual handholds to guide their tumultuous journey from extreme deprivation to abundant opportunity.

Read on at Scripps Howard.
Read on at KnoxNews.

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