And
Trump’s trade war should correspondingly be seen as part and parcel of his
embrace of foreign dictators, lack of respect for our allies, and evident
contempt for democracy, at home as well as abroad.
But
wait, you say: China is neither an ally nor a democracy, and it is in many ways
a bad actor in world trade. Isn’t there a reasonable case for confronting China
over its economic practices?
Yes, there is — or there
would be if the tariffs on Chinese products were an isolated story, or better
yet if Trump were assembling an alliance of nations to confront objectionable
Chinese policies. But in fact Trump has been waging trade war against almost
everyone, although at lower intensity. When you’re imposing tariffs on imports
of Canadian steel, on the ludicrous pretense that they endanger national
security, and are threatening to do the same to German autos, you’re not
building a strategic coalition to deal with a misbehaving China.
What
you’re doing, instead, is tearing down what’s left of the Pax Americana. – Paul
Krugman, NYT, May 12.
Finally, Krugman has come round to the view that “China is
neither an ally nor a democracy, and it is in many ways a bad actor”. Of
course, China is much much worse than that. Self-admittedly, Krugman was
sitting in a café’ sipping a caffelatte when he wrote these lines, so one may
forgive his flippancy, especially if it was one of those fine New York mornings
when Bryant Park or Union Square can look like heaven on earth. But he is also
flippant about the Pax Americana. Because in reality the US have been shafted by
the so-called “allies” – especially Germany and Japan – for far too long after
the last World War. All these miserable mercenary cowards have been hiding for
far too long behind the coat-tails of Uncle Sam while heroic American soldiers
kept the peace around the globe and risked and often lost their lives in that
noble effort.
Well, it is about time that these lousy vermin pulled out
their finger, rolled up their sleeves, took up arms and help the US fight
dictatorships starting from the hideous Han Chinese to keep us all safe and
free! Instead of gaming the system, bet a bob each way, and benefit from "amicable relations" with heinous filthy Chinese rats!
One more point. Krugman says that “it is not that Americans
have grown poorer but the rest of the world has grown richer” – which is why
the US cannot ensure the Pax Americana as effectively as before. There are a couple
of corrections to be made here. First, the world’s population has increased
exponentially. Second, the US cannot take blunt measures to discipline wayward
rogue states except in all-out war, and not even then as Vietnam showed. Third,
saying that “Americans have not grown poorer but others have grown richer” is
basically admitting that Americans have suffered while other countries – of course,
the Chinese rats above all! – have benefited from investment from US corporations
that have made (a) a few Americans obscenely wealthy and (b) worse, the ugly avid
rats in China wealthy enough to waste enormous resources on their military and
on subsidizing some industries (starting with Huawei). It is as a result of
these investments – in search of lower wage costs and the mobilization of
resources that only a brutal dictatorship like the Chinese could ensure – that these
filthy rats have acquired enough effrontery to raise their ugly necks….so we
can cut them off as we are already beginning to do at long last!
By far the most important matter that Krugman omits is that China is a very poor Empire - as poor as the Dominican Republic on per capita terms. The fact that it squanders valuable resources on its military is all the more reason why we must confront and destroy these beasts right now! Krugman speaks of “the rest of the world getting richer” but in reality what has happened is that hundreds of millions of human beings in the Third World have been brought under the subjugation of (a) Western capital and (b) of their own truculent and murderous dictators. These facts by themselves expose Krugman’s flippancies and levities for what they are.
My advice to him is: next time you write an opinion piece, make sure it is not while you are sipping a latte!
By far the most important matter that Krugman omits is that China is a very poor Empire - as poor as the Dominican Republic on per capita terms. The fact that it squanders valuable resources on its military is all the more reason why we must confront and destroy these beasts right now! Krugman speaks of “the rest of the world getting richer” but in reality what has happened is that hundreds of millions of human beings in the Third World have been brought under the subjugation of (a) Western capital and (b) of their own truculent and murderous dictators. These facts by themselves expose Krugman’s flippancies and levities for what they are.
My advice to him is: next time you write an opinion piece, make sure it is not while you are sipping a latte!
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