Deepening confrontation between China and the U.S. reflects an outdated Cold War mindset on both sides that is utterly unsuited to today’s global challenges.
Entering the 'Great Tides Surge Along the Pearl River: 40 Years of Reform and Opening Up' exhibit, at the Shenzhen Contemporary Art Hall. Credit: Red Guosam ZhuGuang01 via Wikimedia Commons
In his 1944 classic The Road to Serfdom, the Austrian economist and philosopher Friedrich August von Hayek warned that central planning and public ownership would inevitably lead to hardship, oppression, and even tyranny, while free markets would naturally maximize general welfare. The same year, in The Great Transformation, the American-Hungarian economic historian Karl Polanyi offered a very different picture, arguing that market forces and society are locked in a kind of struggle: c
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Not content to run the world’s second most powerful country for a decade, Xi Jinping set about changing everything everywhere all at once. In an excerpt from their new book, Steve Tsang and Olivia Cheung examine how Xi seized personal control of China’s foreign policy apparatuses.
The academic talks about whether China’s experience shows there can be such a thing as ‘good environmental authoritarianism’, and what the U.S. could learn from its approach to green policy.
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