The Unz Review: An Alternative Media Selection
A Collection of Interesting, Important, and Controversial Perspectives Largely Excluded from the American Mainstream Media
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As his limo carried him to work at the White House Monday, Larry Kudlow could not have been pleased with the headline in The Washington Post: "Kudlow Contradicts Trump on Tariffs." The story began: "National Economic Council Director Lawrence Kudlow acknowledged Sunday that American consumers end up paying for the administration's tariffs on Chinese imports,... Read More
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Your Geopolitical Quiz for the Day: Two countries are embroiled in a ferocious rivalry. One country's meteoric growth has put it on a path to become the world's biggest economic superpower while the other country appears to be slipping into irreversible decline. Which country will lead the world into the future? Country A builds factories... Read More
China’s political process is probably the most transparent of any major nation’s. Because their bios and track records are constantly updated online everyone is thoroughly conversant with the top one thousand aspirants for leadership and even American observers correctly predicted Xi Jinping’s elevation to the presidency. Everyone knows exactly what the government has promised, what... Read More
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It’s Already Under Way
In his highly acclaimed 2017 book, Destined for War, Harvard professor Graham Allison assessed the likelihood that the United States and China would one day find themselves at war. Comparing the U.S.-Chinese relationship to great-power rivalries all the way back to the Peloponnesian War of the fifth century BC, he concluded that the future risk... Read More
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Shooting Two Feet With One Bullet
5G is a national productivity tool whose benefits, like those we derive from our railways, are less noticeable to end users yet critical to industry and commerce. 5G is 20 times faster than 4G, serves as the fast backbone of the “Internet of Things”(IoT), handles a million connected devices/km2 simultaneously with millisecond latency and uses... Read More
History is told by Walls and Roads which have marked significant turning points in the relation between peoples and states. We will discuss the story behind two walls and one road and the circumstances which surround them and their consequences. The Berlin Wall In the aftermath of World War II, Europe was divided between East... Read More
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Introduction The US embraces a regime doomed to failure and threatens the world’s most dynamic economy. President Trump has lauded Brazil’s newly elected President Jair Bolsonaro and promises to promote close economic, political, social and cultural ties. In contrast the Trump regime is committed to dismantling China’s growth model, imposing harsh and pervasive sanctions, and... Read More
These Crazies Are Just Like Hitler
One often sees the silly assertion by right-wing extremists that feminists, social justice warriors, and other “cranks” are enstupidating American education. The purpose, according to these fascists, who are just like Hitler, is “to make historically incompetent groups look competent.” The racism in these absurd claims is obvious. In particular such Neo-Nazis say that mathematical... Read More
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The PRC Should Retaliate by Targeting Sheldon Adelson's Chinese Casinos
As most readers know, I'm not a casual political blogger and I prefer producing lengthy research articles rather than chasing the headlines of current events. But there are exceptions to every rule, and the looming danger of a direct worldwide clash with China is one of them. Consider the arrest last week of Meng Wanzhou,... Read More
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For centuries Western monarchs derived legitimacy from a God Who lent authority to the laws they promulgated. The simultaneous demise of God and the monarchic principle in 1918 left the law legitimized by force alone and, a century later, our distrust[1] suggests that it has failed to converge with the ethical. Things were little better... Read More
Economies Diverge, Police States Converge
I have followed China’s development, its stunning advance in forty years from impoverished Third World to a huge economy, its rapid scientific progress. Coming from nowhere it now runs neck and neck with the US in supercomputes, does world-class work in genetic engineering and genomics (the Beijing Genomics Institute), quantum computing and quantum radar, in... Read More
This is my second column on the two weeks that Vi and I just spent in Chengdu, China. It is meant not so much as a travelogue as a snapshot of what is going on in an economic juggernaut. Judging by email from readers, many do not realize the scope and scale of China’s advance.... Read More
Vi and I have just returned from Chengdu, a Chinese village of seventeen million and the gateway to Tibet. Since China is of some interest to the US these days, I thought a description of sorts, actually more in the nature of a disordered travelogue, might be of interest. I hadn’t been to the country... Read More
Third Time's the Charm
This is America’s third trade war on China: we held its head under water from 1949-1971 and from 1989-92. Inter alia, the US, the EU and the USSR embargoed all weapons technology to prevent China from independently developing the H-Bomb or launching satellites. She did both and kept her economy growing debt-free, twice as fast... Read More
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“America First” Versus China’s Strategy of the Four Continents
As the second year of Donald Trump’s presidency and sixth of Xi Jinping’s draws to a close, the world seems to be witnessing one of those epochal clashes that can change the contours of global power. Just as conflicts between American President Woodrow Wilson and British Prime Minister Lloyd George produced a failed peace after... Read More
Wider Than You Think
A revolution in the world's human rights dialog has been brewing since at least 1997, when China ratified the UN International Covenant on Economic, Social and Cultural Rights, a step the US has yet to take. Barely twenty-four years later, on June 1, 2021, the country will set a human rights benchmark by becoming a... Read More
Introduction For decades and longer, the United States and Europe lectured and encouraged countries in Latin America, Africa and Asia to welcome and accept foreign investment as the virtuous path to modernization, growth and prosperity. With few notable exceptions western leaders and academics promoted unlimited flows of capital (and the outflows of profits). No section... Read More
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Introduction Journalists, academics, pundits and experts have ignored the complexity of President Trump’s impact on the state of the US Empire. To properly assess the geopolitical configuration of power, we will consider the military, economic, political and diplomatic advances and setbacks of the Trump regime in Latin America, the European Union and Asia (including the... Read More
When are America’s global corporations and Wall Street going to sit down with President Trump and explain to him that his trade war is not with China but with them. The biggest chunk of America’s trade deficit with China is the offshored production of America’s global corporations. When the corporations bring the products that they... Read More
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How Donald Trump’s Trade Wars Could Lead to a Great Depression
Leaders are routinely confronted with philosophical dilemmas. Here’s a classic one for our Trumptopian times: If you make enemies out of your friends and friends out of your enemies, where does that leave you? What does winning (or losing) really look like? Is a world in which walls of every sort encircle America’s borders a... Read More
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The Hudson Report
Left Out, a podcast produced by Paul Sliker, Michael Palmieri, and Dante Dallavalle, creates in-depth conversations with the most interesting political thinkers, heterodox economists, and organizers on the Left. The Hudson Report is a new weekly series produced by Left Out with the legendary economist Michael Hudson. Every episode we cover an economic or political... Read More
Introduction US Presidents, European leaders and their academic spokespeople have attributed China’s growing market shares, trade surpluses and technological power to its “theft” of western technology, “unfair” or non-reciprocal trade and restrictive investment practices. President Trump has launched a ‘trade war’, - raising stiff tariffs, especially targeting Chinese exports – designed to pursue a protectionist... Read More
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"This is a Game We Can Win"
In 2003 I congratulated a young Chinese banker on his country’s accession to the WTO, cautioning that the trade body was a Western ideological post-Cold War creation designed not merely to enshrine export-oriented development models but to advance neoliberal trade norms. After a moment’s reflection he responded, “I agree with your view of the WTO’s... Read More
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America's greatest strategic mind of global recognition, Alfred Thayer Mahan, in his seminal work The Influence of Sea Power upon History saw the World Ocean and activity in it as the foundation for national greatness and power. The pivot of this greatness was a powerful navy. Through Mahan, the Theory of Navalism reached American elites... Read More
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Shake Up and Shake Down
Introduction Major changes are roiling the states, societies and ruling classes of the biggest industrial economies, oil regimes and military complexes. China is re-allocating its economic wealth toward building the most extensive modern infrastructure system in history, linking four continents. Saudi Arabia is transferring a trillion dollars of pillage from princes to princes, from old... Read More
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(Lumpen Capitalism refers to an economic system in which the financial and military sector exploits the state treasury and productive economy for the 1% of the population.) Introduction US journalists and commentators, politicians and Sinologists spend considerable time and space speculating on the personality of China’s President Xi Jinping and his appointments to the leading... Read More
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That's the Rub, It Can't
In order to understand China and how the world works, I am very lucky to have lived here during two very different time periods. It started 1990-1997. In the first book of The China Trilogy, 44 Days Backpacking in China, I called this period the Wild East Deng Xiaoping Buckaroo Days. It was intense, crazy... Read More
A Broad Spectrum Column
OK, I’m trying to figure out cars. Especially the electric and nuclear-powered ones. Mostly the fizzing and fuming about how great electrics are, or maybe the end of civilization, seems political. Liberals love them because they will prevent pollution, end global warming, and maybe stop hair loss. Libertarians hate them because they associate them with... Read More
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Amid the proverbial doom and gloom pervading all things Syria, the slings and arrows of outrageous fortune sometimes yield, well, good fortune. Take what happened this past Sunday in Beijing. The China-Arab Exchange Association and the Syrian Embassy organized a Syria Day Expo crammed with hundreds of Chinese specialists in infrastructure investment. It was a... Read More
Ancient Silk Road Routes.  Credit: Wikimedia Commons
Peter Frankopan's The Silk Roads: A New History of the World shows why we need to re-vision history
The word revisionist derives from roots meaning "to look again." And since history is an ongoing project, whose main purpose is to help us understand where we have come from and where we are going, we obviously need to keep taking fresh looks at the past as we propose new visions of the future. Obligatory... Read More
Pretty much everything our media tells us about China is wrong–or at least one-sided–including its tales of a China ‘debt problem’. The Chinese are, in all times and places, debt-averse and China’s government which, unlike ours, must take long-term responsibility for the economy, is no different. Mao set the example and grew GDP by 6.2... Read More
To one watching the advance of Chinese science and technology, or to me anyway, several things stand out. First, the headlong pace. Second, the amount of it that appears aimed at making China independent of the West technologically and getting the United States off Beijing’s back. Third, the apparent calculated focus. It looks like intelligent... Read More
If One Arm is Right, the Other Will Be Left, No?
This worthy and public-spirited column seldom dives into the thickets of military hardware, which it regards as excessively technical. However, the arms race between China and Washington is of enough gravity that its more exotic armaments may be of interest. Herewith, the truly dangerous weaponry of the contending sides. C-919 A Chinese narrow-body intended to... Read More
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Introduction: From their dismal swamps, US academic and financial journal editorialists, the mass media and contemporary ‘Asia experts’, Western progressive and conservative politicians croak in unison about China’s environmental and impending collapse. They have variably proclaimed (1) China’s economy is in decline; (2) the debt is overwhelming; a Chinese real estate bubble is ready to... Read More
Mock-up of planned Russian-Chinese airliner to compete with Boeing and Airbus. To enter service by 2025. Ambitious? Oh yes. Remember when we laughed at Toyota, Airbus, and Trump? Credit: Sputnik News.
Make Money, Not War
Is Washington really going to start a trade war with China, or is it just huffing and puffing for position? I don’t know. Mr. Trump has inexplicably failed to brief me. A point worth bearing in mind: The United States cannot compete commercially with a developed Asia, or China. America has nowhere to go. It... Read More
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Almost six years ago, President Putin proposed to Germany ‘the creation of a harmonious economic community stretching from Lisbon to Vladivostok.’ This idea represented an immense trade emporium uniting Russia and the EU, or, in Putin’s words, “a unified continental market with a capacity worth trillions of dollars.” In a nutshell: Eurasia integration. Washington panicked.... Read More
The concentration and centralization of the agro-business multi-nationals advances with gigantic strides: Potash Corp and Agrium have combined into a $30 billion monopoly over the world fertilizer market. Dow Chemical and DuPont combine in a $130 billion dollar deal in the seed and agricultural chemicals sector. ChemChina prepares to takeover Syngenta in a $44 billion... Read More
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What has just taken place in Hangzhou, China, is of immense geoeconomic importance. Beijing from the start treated the G20 very seriously; this was designed as China’s party, not the declining West’s. And much less Washington’s. Outlining the agenda for the discussions, President Xi Jinping went straight to the point also geopolitically, as he set... Read More
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Introduction: China and the United States are moving in polar opposite directions: Beijing is rapidly becoming the center of overseas investments in high tech industries, including robotics, nuclear energy and advanced machinery with collaboration from centers of technological excellence, like Germany. In contrast, Washington is pursuing a predatory military pivot to the least productive regions... Read More
Reflections from a Former Life
Ages ago, for reasons I no longer remember, I was wandering across Asia and decided to spend some time in Taiwan. The Chinese interested me, and Taiwan was then as close as it was practical to get. Then, as now, the Chinese were thought by many to be exotic, inscrutable, devious and unlike normal people... Read More
Suppose a country owes money to another nation’s government or official agency. How can creditors collect, unless there’s an international court and an enforcement system? The IMF and the World Bank were part of that enforcement system and now they’re saying: ‘We’re not going to be part of that anymore. We’re only working for the... Read More
There has been a concerted campaign to depict the South China Sea as an indispensable artery for commercial shipping and, therefore, a justifiable object of US attention and meddling. This flagship of this effort is invoking the “$5 trillion dollars” worth of goods that pass through the SCS each year. Reuters, in particular, is addicted... Read More
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Here Are the Lessons of History the Press Ignores
“You cannot hope to bribe or twist – thank God! – the British journalist. But, seeing what the man will do unbribed, there’s no occasion to.” So wrote the witty early twentieth century British man of letters Humbert Wolfe. His assessment of American journalists isn’t recorded but, where pivotal issues are concerned, they have probably... Read More
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As Russia and Asia move to circumvent the stranglehold of an aging, U.S. dominated international financial and legal system with its promise of endless austerity and privatization by foreign investors, the IMF and World Bank double-down by making it more difficult for them to transact business and administer credit. A nightmare scenario of U.S. geopolitical... Read More
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Silk Roads, Night Trains, and the Third Industrial Revolution in China
The U.S. is transfixed by its multibillion-dollar electoral circus. The European Union is paralyzed by austerity, fear of refugees, and now all-out jihad in the streets of Paris. So the West might be excused if it’s barely caught the echoes of a Chinese version of Roy Orbison’s “All I Have to Do Is Dream.” And... Read More
China’s wealthiest classes have secured their recent fortunes through various means, both legal and illegal: These include (1) the privatization of public enterprises; (2) the savage exploitation of cheap labor after destroying workers rights , protections and social welfare legislation; (3) large-scale, long-term corruption of government officials; (4) the often violent state-sponsored land-grabs from towns,... Read More
Following Monday’s historic stock market downturn, many politicians and so-called economic experts rushed to the microphones to explain why the market crashed and to propose "solutions” to our economic woes. Not surprisingly, most of those commenting not only failed to give the right answers, they failed to ask the right questions.Many blamed the crash on... Read More
My father, a New York financier, used to call dubious stocks or bonds, “Chinese paper.” Last week, we saw a blizzard of Chinese paper, both in China and around the world. As manager of a sizeable investment portfolio (an unwelcome second job from my main work, journalism), I watched last week’s near death experience on... Read More
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Watch the video on the Democracy Now site Black Monday is how economists are describing Monday’s market turmoil, which saw stock prices tumble across the globe, from China to Europe to the United States. China’s stock indices fell over 8 percent on Monday and another 7 percent today. On Wall Street, the Dow Jones Industrial... Read More
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It’s “Why Didn’t Interference Work?”
I suppose much of the journo commentariat was born since 2008 and therefore has no memory of TARP, Too Big To Fail, or Jamie Dimon rolling around naked inside a gigantic vat of taxpayer money, so there has been a considerable amount of handwring about how the CCP defiled the purity of the stock market... Read More
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Which superpower is more threatened by its “extractive elites”?
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