Analysis


Social Democracy Beats Democratic Socialism

It used to be an unwritten rule of US politics that a socialist could never qualify for high national office. But now a self-proclaimed “democratic socialist,” US Senator Bernie Sanders, is the leading candidate for the Democratic presidential nomination. Should America embrace the..

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Intelligence Spats: Australia, Britain and Huawei Saturday, February 15th, 2020

A note of fraternal tension has been registered between the United Kingdom and Australia. It began with Britain’s decision to permit China’s technology giant Huawei a role in the construction of the country’s 5G network. While the decision is qualified to non-core functions, as UK officials..

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Buying Elections: The Bloomberg Meme Campaign

Interfering, corrupting and altering the views of electors is apparently frowned upon. But it all depends on who that manipulating source is. The Russians might be condemned for being meddlers of minds in the US electorate, but an American billionaire who hires battalions of influencing agents to..

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Is Political Change Coming to China? Friday, February 14th, 2020

In contemporary China, profound political transformation can – and has – taken place in the absence of regime change or Western-style democratization. The starkest example is the period of “reform and opening” that began in 1978 under Deng Xiaoping’s charge. Although Deng rejected..

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Money and Empire

Centuries are usually analyzed with reference to the great powers that dominated them. The nineteenth century was the era of Pax Britannica, although most people now realize that the “pax” in that case was not particularly peaceful. The twentieth century became the American Century, as heralded..

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Trump’s Travel Ban Benefits Only China Thursday, February 13th, 2020

Overwhelmed by the coronavirus panic, US President Donald Trump’s impeachment folderol, and the chaotic Iowa Democratic caucuses, few took notice of the Trump administration’s announcement that it will expand its controversial 2017 travel ban to six more countries, including four in Africa. It..

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When Viruses Turn Political

Before the coronavirus exploded into the news, a report by the World Health Organization warned that the world was not prepared for “a fast-moving, virulent respiratory pathogen pandemic” that could kill 50-80 million people, cause panic and instability, and seriously affect the global economy..

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What Is Twenty-First-Century Socialism? Tuesday, February 11th, 2020

Socialism is back on the political agenda in the United States. Two household names on the American left, US Senator Bernie Sanders and Representative Alexandria Ocasio-Cortez, are self-declared socialists. And most of the current crop of Democratic Party presidential candidates support policies..

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Europe Must Recognize China for What It Is

Neither the European public nor European political and business leaders fully understand the threat presented by Xi Jinping’s China. Although Xi is a dictator who is using cutting-edge technology in an effort to impose total control on Chinese society, Europeans regard China primarily as an..

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Putin’s Usual Suspects Monday, February 10th, 2020

Last month, Russian President Vladimir Putin initiated an overhaul of Russia’s government and constitutional order, indicating that – one way or another – he will remain in power after his term ends in 2024. He has also adjusted his economic policy, on the assumption that more state..

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How Xi Jinping’s “Controlocracy” Lost Control

In his 2016 book The Perfect Dictatorship: China in the 21st Century, Norwegian political scientist Stein Ringen describes contemporary China as a “controlocracy,” arguing that its system of government has been transformed into a new regime radically harder and more ideological than what came..

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WILL CHINA GO DOWN FROM WITHIN ? Sunday, February 9th, 2020

There is no difference of opinion anywhere in the world that China is steadily surging towards world super power status. China has the second largest army in the world and in the case of several chemicals and other products, China meets around 50% of the world demand. China has consolidated itself..

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The Coronavirus and Xi Jinping’s Worldview Saturday, February 8th, 2020

The coronavirus crisis represents the single biggest challenge for Xi Jinping since he became general secretary of the Communist Party of China (CPC) in 2012. Individuals and families across China are living in fear. Multiple Chinese provinces are under virtual lockdown. The virus has brought..

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Pandemic Panics Friday, February 7th, 2020

Every few years, humanity succumbs to mass hysteria at the prospect of a global pandemic. In this century alone, SARS, H1N1, Ebola, MERS, Zika, and now the coronavirus have all generated reactions that, in retrospect, seem disproportionate to the actual impact of the disease. The 2002-03 SARS..

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Has the “Great Decoupling” Gone Viral?

The increasingly nonchalant deployment of the term “decoupling” to describe the long-term trajectory of US-China relations demonstrates anew that in diplomacy, words can be bullets. Of course, for some, “decoupling” simply reflects today’s unfolding reality, whereas for others, it is the..

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Donald Caesar Thursday, February 6th, 2020

The outcome of the US Senate’s trial of Donald Trump, following his impeachment by the House of Representatives, was a foregone conclusion. But it nonetheless laid bare the president’s win-at-all-costs approach to governing. The fact that Trump escaped punishment at the hands of the Senate and..

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US Democracy in Peril

The fateful collision over whether US President Donald Trump should be removed from office revealed the alarming fragility of the Constitution that Americans have relied on for more than 200 years to maintain their democratic system. Nothing since the Civil War had so tested its viability. And the..

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Triumphal Divisions: Trump’s State of the Union Address Wednesday, February 5th, 2020

In this year of the presidential elections, President Donald J. Trump shows little sign of cowering. It had been some time in coming, but here was a businessman talking to a Congress long in the pocket of business, a seemingly seamless order of things that would have made the Founding Fathers..

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The White Swans of 2020 Monday, February 17th, 2020

In my 2010 book, Crisis Economics, I defined financial crises not as the “black swan” events that Nassim Nicholas Taleb described in his eponymous bestseller, but as..

Social Democracy Beats Democratic Socialism Monday, February 17th, 2020

Buying Elections: The Bloomberg Meme Campaign Saturday, February 15th, 2020

Is Political Change Coming to China? Friday, February 14th, 2020