Tag Archives: economic development

On Trump’s Misguided Trade War with China

[This piece was initially published on global research.]

Trump started his trade war with China over a year ago.  After a year of escalations, two high-profile G20 meetings and months of on-off-on again negotiations, the trade war has the world tittering on the edge of a global recession.

In the run-up to last month’s G20 meeting, Trump had boasted that “it’s me right now that’s holding up” a deal with China.  Rejecting Beijing’s pleas for a “balanced” deal, Trump’s top trade advisor Lighthizer declared that any deal must involve China making up for its’ “past transgressions.” 1

The notion that the U.S. has long been the victim of unfair trade practices, especially at the hand of China, thus is no longer just election rhetoric, but the raison d’être of America’s trade war. 

Continue reading On Trump’s Misguided Trade War with China

Notes:

  1. https://www.cnbc.com/2019/06/27/china-wants-balanced-trade-deal-at-summit-but-us-isnt-interested.html

Yet another myth about democracy: “democracy+capitalism = prosperity”

When I wrote my first commentary on this blog, I outlined three common myths that people frequently believe without question when they think about democratic governance. Obviously, an idea as blindly and fervently worshiped as ‘democracy’ will have far more than just three myths associated with it. I continue my exploration of this ideology by discussing another myth that is frequently accepted without critical examination. Continue reading Yet another myth about democracy: “democracy+capitalism = prosperity”

Democracy Is Ruining Capitalism – Does China Do Capitalism Better Than America?

Slate/Intelligence Squared appears to be planning an interesting live debate on March 13 – with Orville Schell and Peter Schiff arguing for the motion in the title and Ian Bremmer and Minxin Pei against.

Details of the debate can be found at the slate and intelligence squared websites. The intelligence squared site – in particular – features a good and interesting set of articles linked under its research in depth section.

In anticipation of the debate, Schiff had this to say in an interview with Slate titled “Excuse Me, But Your Democracy Is Ruining My Capitalism”: Continue reading Democracy Is Ruining Capitalism – Does China Do Capitalism Better Than America?

The Narrative on the Egyptian “Uprising” / “Revolution”

For the last three weeks, we witnessed something extraorgdinary in the Egypt. A unpopular leader is finally brought down by revolts in the street. A gallant people finally brought a hated tyrrant down to his knees.

Yet, if one really think about it, even by the most optimistic of figures, at most (perhaps) one million people at one time or another added together protested against Mubarak over the last three weeks. Egypt is a land of 80 million. That means the vast majority of the people never took to the street over the last three weeks.

I had an interesting chat with a friend from Egypt a couple of nights ago. We were friends from graduate school. He told me that while most people he knew did not think highly of Mubarak – who is deemed by most to be unsympathetic to the people, tolerant of corruption, and incapable of bringing prosperity to Egypt – most also did indeed fear instability and violence. Continue reading The Narrative on the Egyptian “Uprising” / “Revolution”

Opinion: the Foxconn Incident is a Reflection of the Growing Pains Associated with China’s Traditional Mode of Development

The following is a translation of an op-ed published published in China Review News.

May 27, 2010 – Opinion: the Foxconn Incident is a Reflection of the Growing Pains Associated with China’s Traditional Mode of Development

The recent spate of suicides at Foxconn in China has brought unprecedented attention to this major international manufacturing subcontractor of electronics equipments.  While the causes of these suicides are inevitably complex,  the incidents are a general reflection of the stress the traditional mode of development has wrought on China’s society and provide a warning that change must be brought about soon. Continue reading Opinion: the Foxconn Incident is a Reflection of the Growing Pains Associated with China’s Traditional Mode of Development

China's Hazy Future?

According to an article from the Wall Street Journal two weeks ago, China will face three major problems in the coming years.  The problems involve: the nation’s changing demographics, the increasing strain on energy and environmental resources, and widening social inequalities between the rich and poor.

Continue reading China's Hazy Future?