Archive for the ‘Globalization & International Trade’ Category

14
Aug

Russian President Vladimir Putin has created an anti-CNN for Western audiences with the international satellite news network Russia Today. With its recipe of smart propaganda, sex appeal and unlimited cash, it is outperforming its peers worldwide.

By Benjamin Bidder

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The political evening program often kicks off with a mixture of chaos and tabloid news. Abby Martin, the American host working for the Kremlin, has her lips slightly parted and is applying red lipstick, which goes well with her black top, high heels and ankle tattoo. Then she swings a sledgehammer and destroys a TV set tuned to CNN, the American role model and nemesis of her employer, the Russian international satellite TV network Russia Today.

This show opening is apparently meant to illustrate one thing over all else: that Russia is aggressive and enlightened — and looks good in the process.

A photo of Edward Snowden, the whistleblower the United States wants to bring home to face charges, is projected onto the studio wall. Then there is a report on the detention camp at Guantanamo, which has hurt America’s reputation. Russia Today uses the source material America supplies to its rivals untiringly and with relish. Even Washington’s relatively minor peccadilloes don’t escape notice. For instance, the show also includes a story about Gabonese dictator Ali Bongo Ondimba, whom US President Barack Obama supports.

Many in the West are also interested in seeing critical coverage of the self-proclaimed top world power. Russia Today is already more successful than all other foreign broadcast stations available in major US cities, such as San Francisco, Chicago and New York. In Washington, 13 times as many people watch the Russian program as those that tune into Deutsche Welle, Germany’s public international broadcaster. Two million Britons watch the Kremlin channel regularly. Its online presence is also more successful than those of all its competitors. What’s more, in June, Russia Today broke a YouTube record by being the first TV station to get a billion views of its videos. Read more…

As published in www.spiegel.de on August 13, 2013.

9
Aug

By Conrad Black

American soldiers clearing a Japanese bunker near Buna, New Guinea, in 1942.

American soldiers clearing a Japanese bunker near Buna, New Guinea, in 1942.

It is generally recognized that the United States is steadily withdrawing from several areas of the world where it has had a large military presence for many years, especially the Middle East, Western Europe, and parts of the Far East.

It is, in fact, engaged in a broad strategic retreat. But this must not be misconstrued as the collapse or permanent decline of that country. It remains an extremely rich nation, with the most productive workforce in the history of the world, and a relatively motivated and overwhelmingly patriotic population. The great majority of Americans are proud of their country and are capable of fighting and sacrificing for it in a plausible cause. Courage is valued and revered; and the performance of the United States armed forces in recent wars has been exemplary.

The United States has never been an aggressive power. Only when the Germans insanely attacked American commercial shipping on the high seas did the United States enter World War I, just as Russia was defeated and left the war. The Americans provided the final margin of victory for the beleaguered French, British and Italians (who took 4-million war dead and nearly 7-million wounded between them). The Americans then turned their back on Wilsonian internationalism and their president’s League of Nations, and emerged from isolation only once Franklin D. Roosevelt, who spoke German and French and knew Europe well, and whose family’s fortune was earned in the Far East, concluded that the United States alone could keep the British Commonwealth in the war, ensure Stalin did not make a separate peace with Hitler (as he attempted to do with the Nazi-Soviet Pact in 1939), and prevent Japan from overrunning the entire Western Pacific and Far East.

As America led the Allies to victory, Roosevelt developed atomic weapons and founded the United Nations to convince his countrymen that the world was a safer place than they had formerly thought — and to have an international cover for the exercise of America’s dominant post-war influence in the world, as Britain and its Dominions, and the Latin American countries, could all be reasonably assumed to vote with the United States in a permanent American-led majority. Read more…

As published by the National Post on August 3, 2013.

2
Aug

By  Harry Kazianis

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Over the last several months, an interesting debate has occurred concerning the future of American grand strategy. What defined such ideas during the roughly half century struggle between the USSR and the United States was the doctrine popularly known as containment. America and its allies attempted to constrain Moscow and its communist partners across economic, political and military domains. At times, tensions flared with many fearing such a stance could lead to World War III, and even a nuclear holocaust.

Today, a new bipolar competition is taking shape. While not a global chess match for influence or a new “Cold War” as some theorize,  the United States and the People’s Republic of China faceoff in a competitive contest in the Asia-Pacific and larger Indo-Pacific region. In November 2011 in a now famous long form op-ed in Foreign Policy, then Secretary of State Hillary Clinton laid out American’s strategy of a “pivot” to Asia. Chinese pundits and media have panned the pivot or now respun “rebalance” as a blatant attempt to contain China’s rise.  One Chinese professor even remarked, “The pivot is a very stupid choice… the United States has achieved nothing and only annoyed China. China can’t be contained.”

I agree — unless China makes the choice to contain itself.

Clearly Beijing has interconnected itself into the global economy and international system with enormous success. U.S. – China bilateral trade stood at a jaw-dropping US$536 billion last year. China is now the second largest economy in the world. With an expanding middle class, it is also expected to become the world’s largest energy importer. Indeed, the nature of today’s interlinked global financial system serves as the ultimate insurance policy against any U.S.-led containment strategy.

Yet, despite China’s growing economic integration, it seems leaders in Beijing have been doing a pretty good job of creating a regional environment that is wary of its intentions.  China has made a number of controversial strategic moves that have alarmed the international community. The result has been an ever increasing number of nations looking to each other as well as the United States out of fear that China’s rise could have dangerous consequences for their own national interests. Read more…

As published by The Diplomat on July 29, 2013.

30
Jul

Life in a Jobless World

Written on July 30, 2013 by Ángeles Figueroa-Alcorta in Culture & Society, Globalization & International Trade, Political Economy

Pleasure before Business

We shouldn’t worry about automation taking away our jobs – we should welcome it. If labor vanishes, we get to do the important things in life: self-chosen work and more real leisure!

By Guy Standing

Slow And Sure

Jobs are not disappearing. More people are in jobs than at any time in history. But the nature of jobs is changing – and many types of job are moving away from rich countries towards poorer ones. More of the available jobs are paying less. More are insecure, leading nowhere for those doing them.

Europe is not facing a jobs crisis due to automation. While technological advance, including automation, displaces some jobs, it creates others. Rather, the crisis is the result of a global transformation.

When neo-liberals wrested control of economic and social policymaking in the 1980s, liberalization policies opened up a global market system. Almost overnight, global labor supply trebled and more than a billion workers in China, India, and elsewhere started to be used in competition with workers in Europe and other rich countries.

As Europe made its labor markets more flexible – and more insecure for the new mass class, the precariat – there was downward pressure on wages, enterprise benefits and labor-based state benefits. Governments knew that liberalization would create greater inequalities and economic insecurity for millions relying on labor. Two courses were open.

They could have decided that those receiving income from profits and stock markets – the principal beneficiaries of liberalization – should share the gains with the rest of society. That would have prevented the emergence of a plutocracy of billionaires. Instead, governments made a Faustian bargain with their citizens. To disguise falling incomes, they financed an orgy of consumption with cheap credit, labor subsidies and tax credits. But in 2008 it ended, as every Faustian bargain must. Read more…

Guy Standing is Professor of Development Studies at the School of Oriental and African Studies in London.

As published by The European on July 28, 2013.

29
Jul

By Richard N. Haass

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Whenever something bad happens – Iran moving closer to acquiring nuclear weapons, North Korea firing another missile, civilian deaths reaching another grim milestone in Syria’s civil war, satellites revealing an alarming rate of polar-ice melt – some official or observer will call upon the international community to act. There is only one problem: there is no “international community.”

Part of the reason stems from the absence of any mechanism for “the world” to come together. The United Nations General Assembly comes closest, but little can be expected from an organization that equates the United States or China with, say, Fiji or Guinea-Bissau.

To be fair, those who founded the UN after World War II created the Security Council as the venue in which major powers would meet to determine the world’s fate. But even that has not worked out as planned, partly because the world of 2013 bears little resemblance to that of 1945. How else could one explain that Britain and France, but not Germany, Japan, or India, are permanent, veto-wielding members?

Alas, there is no agreement on how to update the Security Council. Efforts like the G-20 are welcome, but they lack authority and capacity, in addition to suffering from excessive size. The result is “multilateralism’s dilemma”:  the inclusion of more actors increases an organization’s legitimacy at the expense of its utility.

No amount of UN reform could make things fundamentally different. Today’s major powers do not agree on the rules that ought to govern the world, much less on the penalties for breaking them. Even where there is accord in principle, there is little agreement in practice. The result is a world that is messier and more dangerous than it should be.

Consider climate change. Burning fossil fuels is having a measurable impact on the earth’s temperature. But reducing carbon emissions has proved impossible, because such a commitment could constrain GDP growth (anathema to developed countries mired in economic malaise) and impede access to energy and electricity for billions of people in developing countries, which is unacceptable to China and India.

Stopping the spread of nuclear weapons would seem a more promising issue for global collaboration. The Nuclear Non-Proliferation Treaty (NPT) limits the right to possess nuclear weapons to the Security Council’s five permanent members, and then only temporarily. Read more…

Richard N. Haass, President of the Council on Foreign Relations, previously served as Director of Policy Planning for the US State Department, and was President George W. Bush’s special envoy to Northern Ireland and Coordinator for the Future of Afghanistan.

As published in www.project-syndicate.org on July 24, 2013.

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