Word: systemically
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David Shambaugh paints a rosy picture as the People's Republic of China turns 60 [Sept. 28]. Let's not forget that China is a communist dictatorship with a one-party system, a rubber-stamp congress and a judiciary under the control of the Party. Human rights are routinely trampled, even though they are written into the constitution; dissidents are jailed for long periods of time. The Chinese government did not hesitate to send tanks against its own people in 1989, and we have seen what the government can do against the Tibetans and the Uighurs when they dare rise...
...climate change and on the new architecture of the international financial system, the E.U. is already doing that. On questions of security, like the war in Afghanistan and the risk that the Horn of Africa will become a new center of global terrorism, it's not quite there. Much is going to depend on personnel. If the new President of the E.U. is a person of international stature (as former British Prime Minister Tony Blair, the front-runner for the post, plainly is), able to project Europe's view while convincing the smaller members of the union that their voices...
Volcker also expressed fears about the government rescue of troubled banks. He argued in favor of a system in which the government could take over faltering institutions to prevent collapse—with the ultimate goal of dissolving such financial groups...
...Life and Times of a Soviet Capitalist,” a gangster friend of the titular character joins his family for dinner. He too, finds something lacking in the new, disorderly capitalist system. “In all of its history, Georgia never did so well as it did during Communist times,” he declares. “Everyone had their piece of bread... I hated the communists. But look at what people have to go through now. You think what they have in Georgia is freedom? Being able to eat, that’s freedom...
...when it collapsed under its own weight, but when it threatened to become the world’s dominant form of government. The authors of the anthology, as disparate in their ideologies as in their backgrounds, reach no conclusions. They make few grand claims about communism as a system of government. To some extent, the lack of some overarching statement or idea is frustrating, but it simultaneously feels just. Instead of prescribing a specific view, “The Wall in My Head” makes the reader think, reconsider, and question accepted wisdom...