Quotulatiousness

May 30, 2012

The end of the “predictable” China

Filed under: China, Economics, Military, Politics, USA — Tags: , , , , , — Nicholas @ 10:03

Robert D. Kaplan on the end of an era in geopolitical calculations:

The United States has had it easy over the past third of a century in regards to China. Washington has been able to proclaim moral superiority over the Communist Party dictatorship in Beijing, even as those very dictators provided Washington with a stable, businesslike relationship that fostered immense opportunities for American companies in China and for the American economy overall. China’s rulers, ever since Deng Xiaoping consolidated power in 1978, may have been nominally communists, but they have also been professionals and technocrats who have ruled in a self-effacing, collegial style. Yes, they may oppress dissidents, but they have also been enlightened autocrats by the standards of the suffocating rulers who have governed in the Middle East.

But the purging of the pseudo populist boss of the megacity of Chongqing, Bo Xilai, may indicate that a less predictable period in Chinese politics lies ahead. Bo was something not seen in China since Mao Zedong: a leader with real charisma. Bo may indicate that the age of the technocrats will give way to the age of politicians — and politicians, even in liberal democracies, exploit people’s emotions. That could lead to more erratic, nationalistic rulers.

[. . .]

China’s autocrats have for many years been nervously riding a domestic tiger. With communism no longer a philosophical organizing principle for the state, they have had to justify their rule by delivering double-digit annual economic growth — or close to that — to provide jobs for a potentially restive younger generation. Thus, even while China has amassed impressive new air and sea power, it has — by and large — not tried to employ that power in a particularly hostile way. China’s communist rulers have had too much domestically to worry about without creating new problems for themselves by constantly challenging the United States or its allies on the high seas. While China’s push to acquire air-sea power most specifically dates to 1996, when Beijing was humiliated by Washington’s ability to drive two aircraft carrier strike groups through waters near the Taiwan Strait, the building of a substantial air force and navy have so far been part of the natural, organic process of a new and rising great power. At least so far, it has not been particularly destabilizing to the world or regional order, unlike Iran’s push to develop a nuclear capability as part of a drive for Near Eastern leadership. China’s rulers may be dictatorial, but they are not radical and messianic.

April 29, 2012

QotD: Bankers, Marx’s dream workers

Filed under: Economics, Humour, Quotations — Tags: , , — Nicholas @ 09:54

In a way bankers are Marx’s dream, it’s the workers getting the fruits of their labours. It’s funny that the left is usually angry at shareholders, for taking money out of companies and thereby bringing down workers’ salaries. Yet with the banks they want shareholders to press the banks to do exactly that, and curb pay.

Joris Luyendijk, “External auditor: ‘Nobody at a bank can have a complete overview any more'”, The Guardian, 2012-04-28

March 7, 2012

“The EU’s definition of a free society is where people do the authorities’ bidding voluntarily”

Filed under: Economics, Europe, Government, Liberty — Tags: , , , , — Nicholas @ 11:24

George Jonas who “imbibed too many Molotov-cocktails in his youth” on the European project:

The news comes on a day when market analysts observe “a sea of red.” European bourses are down 1.5%, China’s growth target is lowered from 8% to 7.5%, and the Greek government’s contingent liabilities are likely to exceed a trillion euros. While Europe’s debts are going through the roof, Viviane Reding has her eye glued to the glass ceiling. The European Commissioner for Justice doesn’t like what she sees.

“The European Commission is considering introducing mandatory quotas for female members on corporate boards,” reports Germany’s Suddeutsche Zeitung. The meticulous newspaper leaves no doubt about the reason. “Pleas for companies to voluntarily introduce such quotas themselves produced no effect.”

The EU’s definition of a free society is where people do the authorities’ bidding voluntarily. The EU is socialist, of course, not communist. Socialists consider an intermediate stage of voluntary compliance essential before turning to coercion.

Communists find this a hoot. They say it’s hypocritical and a waste of time. It’s hard to disagree with them. Communists are always nasty, but not always wrong.

Update: Of course, with their top-down, we-know-best approach, it’s no surprise that they were totally astonished when people interpreted their latest pro-expansion video a bit less positively than they expected:

H/T to the Adam Smith Institute blog for the video:

Critics of the EU are often accused of being “Little Englanders”. In the light of rhetoric like this from the EU it’s clear that the mindset behind the EU itself is little more than Little Englanderism writ large across the continent — still preoccupied with keeping out scary foreigners and closing Europe off from alien cultures. If the EU is offering an insular Europe that demonizes and builds walls against foreigners, I would turn it down. There’s a whole world out there to trade and engage with.

February 10, 2012

Before Watergate the FBI had to put together files using wiretaps, informants, and detective work

Filed under: Government, History, Liberty, USA — Tags: , , , , , — Nicholas @ 11:03

Nowadays, of course, they wouldn’t need to do any of that: most of what they collected then could be gathered by looking you up on Facebook:

Bud Abbott and Lou Costello are perhaps best known for their comedy sketch Who’s on First?

But in the 1950s, the duo caught the FBI’s attention for other reasons.

“A police informant furnished information to the effect that Bud Abbott, the well-known motion picture and television star, is a collector of pornography, and alleged he has 1,500 reels of obscene motion pictures,” an agent wrote in an FBI file.

Of Costello, agents reported: “Information was secured reflecting that two prostitutes put on a lewd performance for Lou Costello,” for which they were paid $50 each.

[. . .]

During the era of legendary FBI director J Edgar Hoover, “you could find a reason to open a file on anyone”, says Steve Rosswurm, a historian at Lake Forest College in Illinois and author of a book about the FBI’s dealings with the Catholic Church.

“The reasons for the surveillance are as varied as the people being watched,” said British writer Nicholas Redfern, author of Celebrity Secrets: Official Government Files on the Rich and Famous

“It was very much dependent upon the character or the situation the subject of the file was in.”

Today, the bureau’s Cold War-era fears of communist infiltration, obscenity and homosexuality sound almost quaint..

February 5, 2012

Celebrating 1989

Filed under: Europe, History, Liberty — Tags: , , , , , — Nicholas @ 11:03

Janet Daley thinks we’ve been under-appreciating one of the most momentous years in modern history: the end of the Cold War and the collapse of state communism.

Can I suggest that you try the following experiment? Gather up a group of bright, reasonably well-educated 18-year-olds and ask them what world event occurred in 1945. They will, almost certainly, be able to give you an informed account of how the Second World War ended, and at least a generally accurate picture of its aftermath. Now try asking them what historical milestone came to pass in 1989. I am willing to bet that this question will produce mute, blank looks.

The fall of the Berlin Wall and the collapse of communism which followed it are hugely important to any proper understanding of the present world and of the contemporary political economy. Why is it that they have failed to be addressed with anything like their appropriate awesome significance, let alone found their place in the sixth-form curriculum?

The failure of communism should have been, after all, not just a turning point in geo-political power — the ending of the Cold War and the break-up of the Warsaw Pact — but in modern thinking about the state and its relationship to the economy, about collectivism vs individualism, and about public vs private power. Where was the discussion, the trenchant analysis, or the fundamental debate about how and why the collectivist solutions failed, which should have been so pervasive that it would have percolated down from the educated classes to the bright 18-year-olds? Fascism is so thoroughly (and, of course, rightly) repudiated that even the use of the word as a casual slur is considered slanderous, while communism, which enslaved more people for longer (and also committed mass murder), is regarded with almost sentimental condescension.

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