Re: [Salon] When serious, careful US management of China–Taiwan policies … isn’t




Working link for Isenberg's book.

https://www.amazon.com/s?k=Nancy+Isenberg+Whie+trash&i=stripbooks-intl-ship&crid=7EMA02T95BVF&sprefix=nancy+isenberg+whie+trash%2Cstripbooks-intl-ship%2C301&ref=nb_sb_noss

I want to say that I think what is playing out in US now is the resurgence of the extractive British mindset which was embedded in the South where the British exported their large landlord policy (which was first established in England under William of Normandy who dispossessed descendents from Germanics from the land-some of whome settled in New England and brought their custom f common land wnership and town meeting formof government). British also exported this policy in Indian colony and its legacy has damaged  the 3 countries  constituted from former British India. 

This mindset was embedded in Americans and is the reason US behaved way it did with Mexicans and later Latin America and later other parts of the world.  Amercans have not discraded this toxic legacy. It can be done as Singapore has demonstrated. The article below compares the South's habitual policy unfavorably with Singapore.

https://ncee.org/tucker-writing/the-low-wage-strategy-in-the-south-is-it-the-future-for-your-state/
THE LOW-WAGE STRATEGY IN THE SOUTH: IS IT THE FUTURE FOR YOUR STATE?

Michael Hudson has been saying that Biden is destroying German economy because cheap Russian gas was reason German manufacturers were doing so well;and likely Americans have bribed Germans to act against county's interests. Maybe Aericans want t pick up german assets on the cheap?  He has also earlier said that former Treasury officials told him that the Americns bribed EU officials to embed neliberalism in EU.  I think Paul Craig Roberts, who is an admirer, introduced those officials to Hudson.

This extractive mndset has infected corporateAmerica and is  drainig value out of American corporations through what is termed "shareholder value." Basically senior executives are looting American companies for their own benefit. Both the Democrats and Republicans are fine with this! 

John Bogle, founder of Vangaurd was a  severe critic .
https://www.investmentexecutive.com/news/research-and-markets/shift-from-owners-to-managers-interests-has-corrupted-capitalism/
Shift from owners’ to managers’ interests has corrupted capitalism
Vanguard founder addresses AIMR conference

Reuters ran a series of articles about the "Cannibalized Company":
https://www.reuters.com/investigates/special-report/usa-buybacks-cannibalized/
How the cult of shareholder value has reshaped corporate America
The Cannibalized Company

Dollasr and Sense publshed a very ineresting series of articles about deindustrialization in New Hampshire under the prevailing norm
https://dollarsandsense.org/archives/2018/0318duggan.html

The econ Professor who wrote the above linked articles also wrote one about the decline of Boeing:
https://dollarsandsense.org/archives/2021/0721duggan.html

According to Lance Taylor inequality has risen becaue of wage repression
https://www.ineteconomics.org/perspectives/blog/americas-dire-inequality-demands-a-new-conceptual-framework-this-economist-has-one
America’s Dire Inequality Demands a New Conceptual Framework. This Economist Has One.

Mergers and Acquisitions have resulted in growth of "market power" and associted decline of wages. See discussion of paper at the  U of Chicago Business School's Stigler Center's Promarket website. Conditions have gotten so bad this website was set up to raise public awareness
https://www.promarket.org/2017/08/14/rise-market-power-decline-labors-share/
The Rise of Market Power and the Decline of Labor’s Share

Check ut the menu under  Antitrust and Competition

I often see what Michael Hudson says becuse he has deep and wide knowledge.

 See what he said about Panama
https://www.cadtm.org/Panama-and-the-Criminalization-of
Panama and the Criminalization of the Global Finance System
https://www.brightworkresearch.com/michael-hudson-real-estate-taxation/
Michael Hudson on Real Estate Taxation

https://cooperative-individualism.org/hudson-michael_real-estate-technology-and-the-rentier-economy-2006.htm
Real Estate, Technology
and the Rentier Economy:
Pricing in excess of Value,
producing Income without Work

While Hudson makes important nalysis, He misses out on how this transpired.

Basically, the extractive British mindset is now evident in every sector of the economy.  

For a time the Germanic/German/Nordic immigrants' influence stabilized US. I think when their influence faded the extractive British legacy embedded in the South became resurgent and spread its tentacles through the country.  German immigrants were supporters of Lincoln and a major force in the Progressive era which was a Republican party-led initiative. They founded the Republican Party-which has now morphed into what the Democratic party was like when it governed in the South.  The southern takeover of the Republican party, which has been evident since Newt Gingrich joined Congress, has progressively degraded the party. This decline has caused MikeLofgren and other former Republicans to leave the party.





On Tuesday, August 9, 2022 at 12:06:32 PM GMT+5, Mayraj Fahim <fmayraj@yahoo.com> wrote:


China is not altering status quo. It is reacting to others' actions. 
Taiwan is schizophrenic because Taiwanese have been among the biggest investers in China from the begginingg of its development period. I expect those inestors are not happy with other Taiwanese theatening their investments.

Also Taiwan was used by the Japanese to invade China. 

The US has misteated Latin America and mistreated its 'zone of interest' for over a century- which is also why soon the Latinos will inheit this country as it was really ill -advised to immiserate people who will head towards your country!The Chinese has trade with its neighbours in a win-win arrangement that work for all. Among its neighbors the only country that has not benefitted as much as it could is the Philppines because of its extractive feudal elite.  The US did no land reforms when it controlled the Philippines and instead allied with the feudals as it took over Philipines during an indigous effort to remove its colonial ruler. In contrast, when US conrolled Japan, South Korea and Taiwan  Americans did land reforms. They were the foundation of their later prosperity.
See:


On Tuesday, August 9, 2022 at 04:20:52 AM GMT+5, Chas Freeman via Salon <salon@listserve.com> wrote:


John nails it again.

Chas

On Mon, Aug 8, 2022 at 7:13 PM Chas Freeman <cwfresidence@gmail.com> wrote:

When serious, careful US management of China–Taiwan policies … isn’t | Lowy Institute

 

When serious, careful US management of China–Taiwan policies … isn’t


JOHN CULVER     August 9, 2022


The status quo in the Strait has changed. But is anyone really tuning in as the drama unfolds?


It’s a weird crisis,if it can be called that. Foreign reactions, and even those in Taiwan, to China’s unprecedented military drills in recent days have been a collective yawn. It’s as if the region and world settled in for a new season of a favourite action television series, “Missile Mayhem on the Straits!”, and were underwhelmed: “I mean, the special effects were good, but pretty much the same as season one, and I don’t like the character development … and the US spent the whole episode doing its nails!”

I guess Vladimir Putin has really raised the bar. China’s going to have to kill a lot of people to get any attention. The United States didn’t even have the decency to announce aircraft carrier deployments. Ballistic missiles flying over Taipei (beyond the atmosphere, in space), landing all around Taiwan in what Chinese officials called “blockade drills”, in some cases inside Taiwan’s territorial waters, and drawing Tokyo’s ire primarily because some missiles splashed in Japan’s exclusive economic zone, possibly killing fish … And in the US news cycle, all this was crowded out by Brittney Griner, an American basketball star imprisoned on drugs charges in Russia, the latest about conspiracy peddler Alex Jones, and whether Monkeypox is a pandemic or a sexually transmitted disease (yes).

The overall response by Washington and Taipei amounted to treating Beijing like it will thrash about for a while until exhausted. Taiwan’s Foreign Ministry compared China/Xi to North Korea/Kim, “wilfully test-firing missiles into waters near other countries”. US administration spokespersons were silent most of the first day, until White House spox John Kirby delivered a calm statement in the afternoon in which he said, “China has chosen to overreact”, after which the Q&A moved back to Griner. A later tweet by Secretary of State Antony Blinken framed the, crisis? dust-up?, thusly:

“We call on the PRC not to unilaterally change the status quo by force in the region, and to resolve cross-Strait differences by peaceful means. There is no change in the respective one China policies, where applicable, and basic positions on Taiwan of the G7 members.”

It’s as if House Speaker Nancy Pelosi’s visit never happened. In the US narrative, China just decided to be pissed off, no one knows why.

And apparently the last remaining element of status quo that the administration recognises on Taiwan is non-use of lethal military force by China, followed by a recitation of US fealty to the three communiqués as it chooses to interpret them. “That’s our policy today. Ask us again tomorrow … We actually have no idea what we might do next.” Maybe Senate Majority Leader Chuck Schumer and Supreme Court Chief Justice John Roberts should book their trips now?

Perhaps this is strategic genius. Maybe Washington decided that China can’t have the crisis it wants because America refuses to have one. Admiration of this mental jujitsu must be tempered by the administration’s apparent inability to control US foreign policy. President Joe Biden probably could have stopped Pelosi’s visit, but only at steep political cost mere months before midterm elections in November. Plus, he has rebound Covid, and the image of a sick president railing against the Democratic Party’s Speaker of the House to protect China’s delicate feelings … not happening.

A television in a restaurant in Hong Kong on 5 August 2022 shows a missile launch during military exercises held by China around the island of Taiwan (Isaac Lawrence/AFP via Getty Images)

And perhaps China got what it needed, a big strong show for its domestic audience, richly covered on domestic media, that sates nationalistic appetites and will keep things calm through the 20th Party Congress expected in November, when Xi Jinping will begin his third term as leader of everything. However …

The thing is – it feels surreal to say this – this actually happened. China conducted unprecedented blockade rehearsals, for the first time firing missiles over Taiwan, and into waters right off Taiwan’s main commercial ports, without regard to Taiwan’s claimed territorial waters. It flew dozens of fighters over the Strait centreline – long a mutually agreed sensitive area – not just at the extreme southwest corner of Taiwan’s air defence identification zone, 200 kilometres from the island, but directly across from Taipei. And it likely will keep doing these things, making such actions the “new normal”. 

The People’s Liberation Army hasn’t been a “noisy demonstration army” for 20 years. China now uses its modern, large military and security forces to alter the “status quos” of sovereignty disputes in its favour. When the Philippines sought international arbitration over its South China Sea dispute with China, Beijing responded by building islands, with three military airfields in the Spratlys, creating the new status quo there. When Japan “nationalised” the Senkaku/Diaoyu Islands in 2012 to prevent a right-wing Japanese group from purchasing some of them, China commenced regular coastguard patrols inside the 12 nautical-mile territorial limit, creating a new status quo of “joint administration” it continues to this very day. When India in 2017–18 began to add troops and improve roads near disputed areas of the border, China massively expanded military facilities, airfields, roads and forces, and confrontations there became lethal for the first time in decades.

Whether the United States and its friends, allies and valued non-country partners choose to acknowledge it, the United States, Taiwan and China have accidentally (for Washington’s part) turned the page. Denying China the crisis it wanted may work for now, but has also showed how far it could go without risking war – very far indeed.

I’ve seen very little acknowledging that so many things taken for granted that contributed to peace, commerce and stability on the Strait can now be challenged as China seeks to test how far it can go, in every domain. Not just firing missiles in close-in zones ringing Taiwan, but perhaps fighter aircraft and unmanned aerial vehicles right across it, daring Taiwan to shoot first. Targeting companies even loosely affiliated with the Democratic Progressive Party in Taiwan, perhaps just because they are in the DPP-friendly south. Interrupting Taiwan military resupply of its offshore islands, or even the Penghus.

The coming autumn will bring brisker air, and all concerned will stir and start to realise that the situation fundamentally changed, and the peace some thought would last until 2027, 2049 or forever can change in 24 hours over what seems the silliest of reasons.

The views expressed in this article are those of the author and do not reflect those of the US government.



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