Showing posts with label Chinamerica. Show all posts
Showing posts with label Chinamerica. Show all posts

Wednesday, July 13, 2022

AMWAY's Steve Van Andel said the highlight of his entire career was China: He and AMWAY got rich as Croesus from the giant sucking sound of your jobs leaving America

Career highlight: China

When asked to share a highlight of his career, Van Andel talked of traveling with his dad to China in the early 1970s when he was in his teens.

They spent time walking around Shanghai and Beijing so the elder Van Andel could observe people.

He remembers his dad telling him he was curious about where the Amway business could go in the future.

"I'll never forget being with him and talking with him about it and then 20 years later, I remember cutting the ribbon and opening up China," Van Andel said.

China is now Amway's biggest market, generating more than one-third of its sales.

Wednesday, April 13, 2022

Abortion has left a "million empty spaces" every damn year since 1973 but we're supposed to view the COVID-19 death toll as cruel somehow

 Million empty spaces: Chronicling Covid's cruel American toll...

 

A reckoning is surely coming, and a million dead from COVID-19 is nothing compared to the utter evil cruelty and complacency of Americans in the face of this unspeakable holocaust of over 60 million.

We're as bad as any of the evil perpetrators of communist democide in China or Russia.




Monday, July 5, 2021

Joel Kotkin has come around, now calls it what it is: Global fascism

In 2018, Kotkin was still tip-toeing around the obvious, but not anymore:

Mussolini’s notion of fascism has become increasingly dominant in much of the world . . .

Mussolini, a one-time radical socialist, viewed himself as a “revolutionary” transforming society by turning the state into “the moving centre of economic life”. In Italy and, to a greater extent, Germany, fascism also brought with it, at least initially, an expanded highly populist welfare state much as we see today.

Mussolini’s idea of a an economy controlled from above, with generous benefits but dominated by large business interests, is gradually supplanting the old liberal capitalist model. ...

fascism — in its corporate sense — relies on concentrated economic power to achieve its essential and ideological goals. ...

China, in many aspects the model fascist state of our times, follows Il Duce’s model of cementing the corporate elite into the power structure. ...

But in the battle between the two emergent fascist systems, China possesses powerful advantages. Communist Party cadres at least offer more than a moralising agenda; they can point to the country’s massive reduction of extreme poverty and a huge growth in monthly wages, up almost five-fold since 2006. At a time when the middle class is shrinking in the West, China’s middle class increased enormously from 1980 to 2000, although its growth appears to have slowed in recent years.

Like Mussolini, who linked his regime to that of Ancient Rome, China’s rulers look to Han supremacy and the glories of China’s Imperial past. “The very purpose of the [Chinese Communist] Party in leading the people in revolution and development,” Xi Jinping told party cadres a decade ago, “is to make the people prosperous, the country strong, and [to] rejuvenate the Chinese nation.”

Kotkin recognizes at least that American right-wing libertarianism is part of the problem, not part of the solution:

the consolidation of oligarchic power is supported by massive lobbying operations and dispersals of cash, including to some Right-wing libertarians, who doggedly justify censorship and oligopoly on private property grounds.

Regrettably, however, Kotkin still does not connect this failure of the old liberal order in the West with the failure of the old moral order which gave it birth and on which it depended. This is because Kotkin still sees things in primarily materialistic terms.

Kotkin is oddly politically correct when he denounces possible recourse to nativism, which blinds him to the nativism which is at the heart of Chinese state capitalism and gives it much of its appeal and strength. He calls for "a re-awakening of the spirit of resistance to authority" in the West, not realizing that it was Protestantism which made that even possible in the first place.

The problem of the West is spiritual, and Catholicism will never be able to rise to the occasion of refounding it as long as globo-homo defines Rome. The whole idea is inimical to the notion of founding a nation "for our posterity".

Monday, September 3, 2018

Like just about everyone else on the left, Joel Kotkin continues to twist himself in pretzels to avoid calling our system what it already is

State capitalism.

It is the socialism of the right, despite what names people may give it. The fascist model in which business and government cooperate now more, now less was not defeated in World War II. The superior American version simply defeated the German one, and eventually also the left's inherently weaker version in Russia.

It has triumphed globally, brought to the fore in America by the libertarian resurgence under Ronald Reagan, imitated by the jealous Euro project, and notably exported to China, where it was eagerly embraced as no threat to Marxism. To the genuine Marxist, remember, free-trade is welcome because it hastens the global revolution. Belt and Road participants, take note.

The experiential groundwork for global state capitalism was laid long ago by the King and Bank of England in their joint enterprise known as the Thirteen Colonies. Everyone imitates this now in principle if not always in particulars. But everywhere it flourishes it is facilitated by the same thing, the central banking systems which coordinate their activities through rules administered under Basel III. The contemporary exemplars of state capitalism fancy that they are substantively a world away from Hitler's Germany, because, well, the Jews. We don't kill Jews, insist these experts at mass abortion and Uyghur mass re-education. 

It's the historical resonances which bother the left in using the phrase, but the underlying facts aren't different in substance. Materialism today means not having to say you're sorry for treating people like depreciated or unappreciated assets. Older workers in the West are routinely tossed aside for being too costly. Potential younger competitors are hamstrung by a culture of costly credentialing prerequisites. When such people become worthless enough, it isn't unlikely that in some places they could stop being considered people altogether (typically where atheism reigns) so that they could be slaughtered wholesale with the same relative efficiency already applied to the unborn. The tech already exists to do this. The only question is when will the people exist who are possessed of enough nerve.   

Here's Kotkin on this so-called "new, innovative approach" which looks like nothing so much as the old Soviet Union, with its hostility centered on the middle class, its dreary blocks of drab apartment buildings, the dim pall of surveillance and conformity lurking everywhere, complete with its own privileged new class in service to the party .01 percent:

Oligarchal socialism allows for the current, ever-growing concentration of wealth and power in a few hands — notably tech and financial moguls — while seeking ways to ameliorate the reality of growing poverty, slowing social mobility and indebtedness. This will be achieved not by breaking up or targeting the oligarchs, which they would fight to the bitter end, but through the massive increase in state taxpayer support. ... [T]he tech oligarchy — the people who run the five most capitalized firms on Wall Street — have [sic] a far less egalitarian vision. ... [T]hey see government spending as a means of keeping the populist pitchforks away. ... Handouts, including housing subsidies, could guarantee for the next generation a future not of owned houses, but rented small, modest apartments. ...  They appeal to progressives by advocating politically correct views . . .. Faced with limited future prospects, more millennials already prefer socialism to capitalism and generally renounce constitutionally sanctioned free speech . . .. [I]ncreased income guarantees, nationalized health care, housing subsidies, rent control and free education could also help firms maintain a gig-oriented [slave] economy since these employers do not provide the basic benefits often offered by more traditional “evil” corporations . . ..  [T]he oligarchy, representing basically the top .01 percent of the population, are primarily interested not in lower taxes but in protecting their market shares and capital. ... The losers here will be our once-protean middle class. Unlike the owners of corporations in the past, oligarchs have no interest in their workers become homeowners or moving up the class ladder. Their agenda instead is forever-denser, super-expensive rental housing for their primarily young, and often short-term, employees. ... The tech moguls get to remain wealthy beyond the most extreme dreams of avarice, while their allies in progressive circles and the media, which they increasingly own, continue to hector everyone else about giving up their own aspirations. All the middle and upwardly mobile working class gets is the right to pay ever more taxes, while they watch many of their children devolve into serfs, dependent on alms and subsidies for their survival.

Wednesday, June 27, 2018

Obama's fascist Larry Summers credits Chinese state capitalism for its advances instead of its thefts


“You ask me where China's technological progress is coming from. It's coming from terrific entrepreneurs who are getting the benefit of huge government investments in basic science. It's coming from an educational system that's privileging excellence, concentrating on science and technology,” said Summers, former Treasury secretary under Bill Clinton and an ex-economic advisor to Barack Obama. “That's where their leadership is coming from, not from taking a stake in some U.S. company.”

Saturday, April 2, 2016

Since the 1990s 144,000 manufacturing and related jobs lost in Wisconsin due to free-trade agreements

Reported here:

Wisconsin has lost more than more than 68,000 manufacturing jobs since the mid-1990s and the first of several controversial trade pacts with Mexico, China and others took hold.

Additionally, the U.S. Department of Labor has certified about 76,000 Wisconsin workers in various fields as having lost their jobs due to either imports or the work they do being shipped overseas. ... 

Caterpillar has laid off about 600 of its 800-plus workers over the past two years because of a business slowdown. ...

Wisconsin’s heavy manufacturing sector, once one of the country’s strongest, has been taking a lot of punches in recent years. General Motors, General Electric, Chrysler, Joy Global Surface Mining and Manitowoc Cranes have all cut jobs or closed operations in recent years for a variety of reasons.

Hometown companies such as Kohler, the plumbing supply manufacturer; and Trek Bicycles have offshored jobs to India, China and Taiwan.

Meanwhile, Madison, the state capital, will lose 1,000 jobs over the next two years as the 100-year-old iconic Oscar Mayer meat processing plant shuts down. And just east on I-94 in Jefferson, Tyson Foods will cease operations at its pepperoni processing plant, cutting 400 jobs.

Tuesday, January 26, 2016

New study says trade with China caused severe permanent harm to American workers

From Noah Smith in "Free Trade With China Wasn't Such a Great Idea for the U.S." for BloombergView, who says the public has been exactly right about the consequences of trade with China:

The study shows that increased trade with China caused severe and permanent harm to many American workers:

Adjustment in local labor markets is remarkably slow, with wages and labor-force participation rates remaining depressed and unemployment rates remaining elevated for at least a full decade after the China trade shock commences. Exposed workers experience greater job churning and reduced lifetime income. At the national level, employment has fallen in U.S. industries more exposed to import competition...but offsetting employment gains in other industries have yet to materialize.

... [T]he public might have been wrong about free trade in the 1980s and 1990s, but things have changed. Popular opinion seems to be exactly right about the effect of trade with China -- it has killed jobs and damaged the lives of many, many Americans. Economists may blithely declare that free trade is wonderful, but our best researchers have now shown that public misgivings about these smooth assurances have been completely justified.



Sunday, July 19, 2015

Why capitalism, communism, socialism and fascism etc. turn out to be culs-de-sac

Seen here:

'Mao famously speculated on the nature of contradictions in a 1937 essay: “The law of contradiction in things, that is, the law of the unity of opposites, is the fundamental law of nature and of society.”'

Thursday, March 26, 2015

Free-trade has hollowed out the middle class

So reports Noah Smith, here:

"[T]here is a growing body of research showing that globalization -- and, in particular, the rise of China -- has been the biggest factor hollowing out the American middle class." 

Friday, January 9, 2015

What do liberals and libertarians have most in common this week?

What do liberals and libertarians have most in common this week?

The almost giddy pleasure they take in ridicule of religious founders and their followers.

That this ridicule of religion has animated liberalism for a long time in America is a given. Just ask any devout Christian, if you can still find one, how Serrano's Piss Christ made him feel.

But conservatives, on the other hand, have always believed above all in self-restraint, without which there cannot be any such thing called limited government. As Oswald Spengler reminded us in the 1930s but everyone seems to have long since forgotten, Christianity is renunciation and nothing else. The exploding ignorance of this knowledge had already gone hand in hand with the development of totalitarian forms of government in Spengler's own time, and has only gotten worse since. The world is now dominated as a consequence by two forms of fascism which ended up winning against communism, one of the left and one of the right: the one is in China and the other in the United States. The reason? Fascism is more successful at production and consumption than communism, which is all there is to materialist philosophers. To them self-restraint is as much of an enemy as it was an opiate to Marx. 

The most uncomfortable example of self-restraint for our own time has been self-censorship, which is nothing more than the recognition of the existence of the evil inclination inside of every human being, a recognition only made possible by an openness to a moral vision of the universe. That moral vision says that that evil inclination must be restrained by the free choice of the self if civilized society is to survive. But our supposed political allies today in conservatism and libertarianism want nothing to do with that. They have together more in common with liberalism than with the transcendent world of which I am writing. 

Self-censorship in fact used to be seen as a virtue in America, when it was a more religiously informed country. "Let what you say be simply 'Yes' or 'No'; anything more than this comes from evil", said the founder of our religion. The idea was to live and let live because the evil and the good had to grow up together until the harvest. Otherwise the wheat would be lost with the tares. Accordingly, to be wise meant often to hold your tongue and keep your peace, even when you knew you were right, and to forgo arguments especially over religion because you were free to go to your church or to no church at all, and I was free to go to mine. "Strive for peace with all men", said another of our authorities. If Christians have been given their own form of jihad, that has been it, but they have failed miserably at it.

It must be stated plainly, nothing distinguishes what is different about Islam from us more than its opposition to peaceful coexistence, however poorly we have lived up to our own ideals. Islam means submission to its law, its prophet and its God. A Muslim is "one who submits". Peace only exists between the two of us when we submit to them. Which is why it follows that inviting Muslims into Christian countries is a recipe for conflict.

All around us this week so-called conservatives are urging us to join them in unloading a barrage of invective against Islam's founder, Muhammad. They do not want to live in peace. They want a war, which threatens to destroy us all.

Here's Roger Kimball at Pajamas Media:

"Were I (per impossible) editor of The New York Times, I would run those cartoons of Mohammed on the front page of the paper every day for a month." 

Here's Ralph Peters at Fox News:

"Even if those terrorists are tracked down and killed - and I hope they are killed and die miserably - the end result of this is going to be we're going to continue to self-censor."

"The correct response to this attack, by all of us in journalism ... if we had guts, those cartoons would be reprinted on the front page of The New York Times, The Wall Street Journal, The Washington Post, The Los Angeles Times tomorrow. They won't be."

And here's a local libertarian in Michigan, one Steve Gruber:

It was blood thirsty little pieces of crap-spawned from the repugnant womb of modern Islam that murdered a dozen innocents inside an office for a French satirical magazine. Screaming glory be to Allah while executing 10 staff members and two police officers the vile nature of modern Islam was on display for all to see once again. Why did they attack the magazine? Because the magazine routinely skewered just about anyone and everyone and had the courage to publish cartoons making fun of Mohammed. Well too damn bad. ... In the spirit of America let me say to hell with Mohammed and any of his followers if they think it proper to murder cartoonists or anyone else in the name of Allah.

What these individuals, were they conservatives, should be calling for is separation, keeping Muslims at a distance from Christian civilization, because the two are fundamentally not reconcilable until Muslims undergo a reformation of their own which renounces the inspiration of Koranic surahs legitimating violence against infidels. I predict it will be a cold day in hell before that happens because the so-called conservatives cannot see that the so-called innocents were anything but. They were as much the enemies of what made the West the West as the Muslims are.

Instead all that these ideologues of ours offer is ridicule of Islam, but from the safe distance of an increasingly less intact West. They call this courage, but shrink from what real courage requires: The courage that doesn't need to justify itself in the face of mortal danger, but which freely and quickly acts to excise the cancer and banish it, as well as abolish the tenuous economic cords made of petroleum from which it profits. Libertarian devotion to first principles of freedom of movement, trade and the like all work together to sabotage this doctor from performing the necessary surgery. All they can do is insult, and retreat to the safety of the drone war against an implacable enemy, ala John Galt.

Having grown up in a Christian denomination which held very dim views of everyone else's religion but was convinced everyone else was worth converting to our way of thinking because Christ died for them too, I find the overt lack of charity toward a whole religion and its founder a sign of profound decadence in our own civilization, criminal acts by religious fanatics notwithstanding.

We have to live together in the same world, but it were better if we grew in separate gardens to the extent that that is possible. The only constructive policy with Islam going forward is utter disengagement with its worst elements, and repression of those when called for, such as now in Yemen. Unfortunately for the West, this means withdrawing from Muslim lands, especially Arabia, and actively choosing to promote independence in energy to the extent that whether Islam reforms or does not reform, we can live without them and prevent them from harming others.

We cannot continue to serve God and mammon. Otherwise we are no different than them.

Thursday, January 1, 2015

Updated: Global middle class hits one billion in 2014, but has actually declined since 2010

So reported the Times of India here in October:

Credit Suisse's Global Wealth Report 2014 released on Tuesday says that there are one billion adults at present who belong to the middle class - with wealth anywhere between $10,000-$100,000 range.

The Global Wealth Report 2014 itself may be viewed here, from which the pyramid at the left.

Notice the relatively small size of the global middle class, just 21.5% of the world's adults, with the vast majority of these coming first from China, and then second from the Asia-Pacific region, followed by Europe, Latin America and North America in that order, according to the details on pages 24ff.

Update: The inaugural Global Wealth Report in 2010 here actually showed a LARGER global middle class adult population of 1.045 billion then vs. the 1.01 billion today, a 3.3% decline. As a percentage of the world's adult population, the middle class share also has declined, from 23.5% of all adults in 2010 to 21.5% in 2014, a decline of 8.5%.

Saturday, October 11, 2014

The irony: The Arab street views the Christian West as as anti-capitalist as itself

From Hernando de Soto, here:

For the poor in many Arab states, it can take years to do something as simple as validating a title to real estate. At a recent conference in Tunisia, I told leaders, “You don’t have the legal infrastructure for poor people to come into the system.” “You don’t need to tell us this,” said one businessman. “We’ve always been for entrepreneurs. Your prophet chased the merchants from the temple. Our prophet was a merchant!” ...

All too often, the way that Westerners think about the world’s poor closes their eyes to reality on the ground. In the Middle East and North Africa, it turns out, legions of aspiring entrepreneurs are doing everything they can, against long odds, to claw their way into the middle class. And that is true across all of the world’s regions, peoples and faiths. Economic aspirations trump the overhyped “cultural gaps” so often invoked to rationalize inaction.


As countries from China to Peru to Botswana have proved in recent years, poor people can adapt quickly when given a framework of modern rules for property and capital. The trick is to start. We must remember that, throughout history, capitalism has been created by those who were once poor.


Wednesday, April 2, 2014

Has America Exported Its Middle Class?

Thomas Edsall for the New York Times here seems to think so, and summarizes a number of studies which say yes and no:

Branko Milanovic, a visiting professor at CUNY who once served as a senior economist at the World Bank, has tracked worldwide changes in income growth from 1998 to 2008.

Milanovic calculates that the middle class in China and India experienced 60 to 70 percent income growth from 1998 to 2008, while growth stalled for the middle and working classes in the United States.

The question then becomes, in Milanovic’s words, “Does the growth of China and India take place on the back of the middle class in rich countries,” especially the United States? Milanovic does not claim a direct causal relationship, but contends that the two “may not be unrelated.”



Friday, November 1, 2013

When We Said Both America And China Had Fascist Economies, It Didn't Make News Like Tom Easton Made Wednesday

2nd generation type 094 missile boats can now threaten US
OK, call us early (here and here).

Tom Easton, American Finance editor for The Economist, here:

... [H]e declared that he had recently moved to the U.S. from China, but “didn’t leave a state-run economy. ... Everyone talks about how all-pervasive the Chinese economy and government is inside of it,” he says. The Chinese government “directs capital, controls the banking system and the ‘highlands’ of important industries. I’m still in China when I came back to America.”

--------------------------------------------

The next war will be like the last war, a clash between iterations of socialism, but there won't be a more or less free market economy around afterwards, as there was last time, to pick up the pieces.



Monday, March 18, 2013

Chinese Abortion Ratio To US Perfectly Mirrors Exchange Rate

336 million dead from abortion in China v. 55 million in US over 40 years. That's a ratio of 6.11:1.

The yuan currently trades at 6.22:$1.















Tuesday, January 15, 2013

Obama's Gangster Government Of, By And For The Banks

Matt Taibbi provides a pretty thorough look at the recent history of the bailout alliance between the federal government and the big banks for Rolling Stone, here, from which this excerpt:


All of this – the willingness to call dying banks healthy, the sham stress tests, the failure to enforce bonus rules, the seeming indifference to public disclosure, not to mention the shocking­ lack of criminal investigations into fraud committed by bailout recipients before the crash – comprised the largest and most valuable bailout of all. Brick by brick, statement by reassuring statement, bailout officials have spent years building the government's great Implicit Guarantee to the biggest companies on Wall Street: We will be there for you, always, no matter how much you screw up. We will lie for you and let you get away with just about anything. We will make this ongoing bailout a pervasive and permanent part of the financial system. And most important of all, we will publicly commit to this policy, being so obvious about it that the markets will be able to put an exact price tag on the value of our preferential treatment.

But Taibbi goes pretty easy on Obama's role in all of this, who has profited handsomely from it with reelection, focusing instead mostly on underlings like Geithner and Summers. Taibbi seems to hate only the big bankers for their profiteering, not the administration responsible for the continuing massive bailouts. He never connects Obama's admiration for dictatorship in China with our gangster government's stick up of the American people, and even gives Obama credit for some success with HAMP. It's as if the imperial president is merely an accessory to the crime, which Taibbi calls right up front "one of the biggest and most elaborate falsehoods ever sold to the American people."

By the way, Taibbi endorsed Elizabeth Talking Bull for president.