President Obama has signaled in recent days that he will be confronting China much more on its global policies. But China is on the rise as the premier economic global power, even as America is on the decline, and it remains to be seen what kind of confrontation could be effective. Will China’s rise actually be good news for the world? This will depend on how China rises, and it will be wise to challenge China on its humanitarian impact every bit as much as on its economic impact globally. Let’s look at one example.
Burma has one of the worst governments in the world, a place where citizens live in terror. The military junta seized power when Aung San Suu Kyi’s party won 392 of the 492 seats in Parliament. It does not fully control the Hill Country on the west and east sides of the country, inhabited by …
In front of the Uptown theater in Washington, DC, I played one of three bankers that Michael Moore drags in to see his new film, Capitalism: A Love Story. He dragged us down to the front row and put us in front of the huge adoring crowd. It was great fun! Thanks to the ever creative David Vyorst, my film maker and partner for arranging this!
Michael spoke after this devastating and entertaining film. His heart is genuine. His assault on capitalism is more systematic than I believe in. I truly believe the evils of this civilization are due as much to a betrayal of Adam Smith as to the evils of private enterprise. And Michael often points in the film to the far greater fairness in Germany and other countries that, in my mind, combine the values that Adam Smith advocated, and are hardly socialist countries in …