Hot Air

Capitalism ?

In China there are a lot of problems, but at the moment, the Chinese, the party these days has proven an extraordinary ability to change. I make the joke, in America you can change political parties but you can't change policies. In China you cannot change the party but you can change policies. So in the 65 or 66 years, China has been run by one single party, yet the political changes that have taken place in China this past 66 years have been wider and broader and greater than probably any other major country in modern memory.

So in that time China has ceased to be communist. Is that what you are saying?

China is a market economy, it is not a capitalist country. Here's why. There's no way a group of billionaires could control the politburo as billionaires control American policy making.

So in China you have a vibrant market economy, but capital does not arise above political authority. Capital does not have enshrined rights. In America the interest of capital or capital itself has risen above the American nation. The political authority cannot check the power of capital. That's why America is a capitalist country. But China is not.

h/t lookout


Open Thread Friday 7-3-2020

Let's look at three American corporations with significant influence in our society which expanded various parts of their business into China. Kentucky Fried Chicken (KFC) was the first fast food franchise to enter China. Google has made two attempts to enter the high tech market in China and exited. Nike first saw China as a source of cheap labor and later a major market for sales.

Open Thread Friday 6-19-2020

Morning, this is not a cheery diary today. I thought I was done writing about China, but changes in current events keep happening fast.

The first phase of coronavirus infections are on an upswing as lockdowns in the United States are easing. Nearly half of US states seeing an uptrend in new US cases, and 10 seeing 7-day averages climb to their highest levels since the beginning of the crisis. This is not the second wave. A second wave will happen after we have reestablished a new normal and Covid-19 cases are naturally diminished for a while.

Moving past what I consider the first hurdle necessary to successfully address treatment and prevention. Healthcare providers fearing their patients. The current interviews and videos of health care professional do not show the same level of fear in their eyes.

We are getting closer to the stage of considering it like any other other contagious illness. Take appropriate precautions to avoid catching, early treatment and protocol to follow as seriousness of the condition increases in a patient.

Open Thread Friday 6-5-2020

A Look at China Part Seven
My intent in the series was to provide basic knowledge to start understanding China and our ongoing relationship with Chinese governments and its people. The story did not begin with the opening of China by Nixon and will not end in our times. Military leaders, policy makers and intelligence services have deep sources of knowledge on China. Most politicians appear to have the same misconceptions as the general public about mysterious China and try to describe China in sound bites.

Maochun Yu, historian teaching at Annapolis provides the best description I have read or heard on Chinese Studies in the United States during a 2015 panel discussion.

(full video 100 min. section on China Studies 38.07 to 40.55)

Open Thread Friday 5-22-2020

A Look at China Part Five
I came across this passage yesterday while reading a book on the Southern United States discussing the aftermath of the Yamassee War (1715—1718).

"In the meantime. the British authorities began political steps to prevent the rise of any future tribal confederacies that might threaten their trading empire. In essence the English determined to follow the old rule of divide and conquer. They would forment discord among tribes by pitting Indian against Indian. Inparticular the Carolinians would sustain a Creek-Cherokee feud. "This makes the matter of great weight to us,' explained on colonist, "how to hold both as our friends, and assist them in cutting one another's throats. This is the game we intend to play."
Tribes of the Southern Woodlands

Three great powers of Europe England, France and Spain were carving up North America and the American Indian tribes. Our founding fathers grabbed the prize from the Europeans. The next century Western powers moved onto China.

Open Thread Friday 5-15-2020

A Look at China Part Four

China's Century of Humiliation is generally considered from the first British Opium War to Mao Zedong declaring its end in 1949 with the establishment of the People's Republic of China.

Chiang Kai-shek considered the end in 1945 after the defeat of Japan and China's place among the Big Four in the victorious Allies of World War II. Chiang Kai-shek had regained control of the the concessions made to the French after the Boxer Rebellion. United Kingdom and the United States had given up Extraterritorial jurisdiction.

Open Thread Friday 5-8-2020

A Look at China Part Three

Following the movement of Christians in China shows the potential of cross influences of Western and Eastern Culture over the millinea. General population may not have been aware of the two civilizations, but the awareness of religious, merchants and political leaders is a different story.

Christianity may have been in China as early as the first century.

The alleged visit to China of Thomas is mentioned in the books and church traditions of Saint Thomas Christians in India (Mar Thoma Syrian Church and the Syro-Malabar rites) who, for a part, claim descent from the early Christians evangelized by Thomas the Apostle in AD 52. For example, it is found in the Malayalam ballad Thomas Ramban Pattu (The Song of the Lord Thomas) with the earliest manuscript being from the 17th century. The sources clearly have Thomas coming to India, then to China, and back to India, where he died.

Open Thread Friday 5-1-2020

A Look at China Part Two

"What essences of "cultivation" can we absorb from traditional Chinese culture?"
Professor Lou Yulie, Peking University replied
Studying Confucianism, he learned the courage to do things,
Studying Buddhism, he learned to let it go
Studying Daoism, he learned he learned how to view the world.

Corporate China is Bushworld

More than was true of the Soviet Union, China's collusion with U.S. capitalism is overt. PRESCOTT BUSH JR. is the acknowledged "Rainmaker" of China. Our rapatious capitalists love dictatorships, love oppressed, desperate labor, love U.S. loan guarantees.