Sunday, May 22, 2011

Democracy vs. Capitalism

I find this to be extremely depressing, mostly because it seems to be essentially accurate.

Deng bet that, despite grand talk, what mattered most to western nations was the establishment of economic ties, not as a means to an end, but as an end in themselves. So long as he was willing to open the nation to trade, everything else would fall by the wayside. It was a gamble he won. The stark truth of this can be read in the western reaction to the massacre in Tiananmen Square. By 1989, just a decade after Deng shoved open the doors, the US was already so dependent on trade with China and so committed to the idea that the foundation of freedom was free trade, that the response to the Chinese crackdown was extremely muted. Sanctions against China were limited to military sales. Even a bill to allow Chinese students to remain in the US until China's human rights abuses ended was vetoed by President Bush. The first action of the US government wasn't to withdraw from China, but to work toward "improved relations."

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