The East is outwardly poor, but inwardly has a richness. The West is outwardly rich, but inwardly is very poor. Both can meet, and in their meeting the whole of humanity can be rich - outwardly, inwardly. And when you can be rich so totally, why be rich only halfheartedly? Yet the other half remains poor.
If one has to choose - if there is no other way, and these are the only alternatives - then I will say the East has chosen well. It is better to be outwardly poor, and inwardly rich, but I don't think that is the only possibility.
My approach is to create a third alternative, where East and West can meet and merge. And I don't see any difficulty at all.