Thursday, April 22, 2021

ANDREW BACEVICH -We don’t need a new Cold War with China

 Americans should find the hawkish push toward a new Cold War with China deeply troubling.

Note too that China is not the Soviet Union. “Xi Jinping Thought” does not represent an exportable ideology. Unlike the Soviet leaders who railed against capitalism, China’s leaders embrace it, demonstrating a remarkable aptitude for harnessing the market to create wealth. The Soviet economy produced next to nothing that American consumers were interested in buying. Today, China produces almost everything that American consumers hanker to buy, which we do using money agreeably loaned by Chinese banks 

Los Angeles Times 

1 comment:

Peter Pan said...

We aren't making the big $$$$ that a cold war brings.