I am writing with regard to the article published by Project Syndicate, and republished in the Taipei Times on May 1, 2018 on p. 8 entitled China Should Follow WTO Rules written by Martin Feldstein.
While not bashing Israel, Project Syndicate seems to make great efforts to glorify Communist China and the new Emperor Xi. This is another Project Syndicate “hail China” article. Is it any surprise? What is wrong with these people? George Soros continues to seek a revolution with totalitarian flavor in the world (a “World with Chinese Characteristics” – he would really love that, it seems). Truthfully, this article and Martin Feldstein, disgusted me from the very first line: “I am a great admirer of China and its ability to adjust its economic policies to maintain rapid growth, but now that it has risen to the top of the global economy…” WHAT ABOUT ITS TOTALITARIAN DICTATORSHIP AND CRUSHING OPPRESSION OF ITS PEOPLE? Not one word. Not one.
Professor Feldstein recounts how he traveled to China in 1982, and how poor it was, and governed by a communist regime. Even then he makes no reference to the nature of the regime – and that is the point – very little has changed since 1982 aside from having beguiled the world into sending trillions of dollars into building up the world’s biggest threat to freedom. I think as an economist, Martin looks at the Chinese economic experiment and marvels at it, sort of like a biologist might examine anthrax or the plague and marvel at the complexity and efficiency at killing. At least the biologist recognizes the threat to humanity. Here, well….only marveling. This kind of appeasement of China is one of the most dangerous aspects of this platform, filling heads around the world with glowing praise for China, a silent killer adept at its own propaganda and blackmail.
Where does Project Syndicate find these pro-China hacks with stellar resumes? You would think that as a member of the Reagan and Bush administrations, Feldstein might have developed a healthy perspective on China’s menace to the world. Perhaps he was brainwashed and turned sappy when he served in the Obama administration and then the Council on Foreign Relations.
Here is an example of another Harvard economist overwhelmed with admiration by the ease with which a totalitarian government can manipulate its economy to become whatever it wishes on the backs of over a billion peasants. Amazing what killing 80 million of its own people, and oppressing billions, strictly controlling every aspect of society and foreign competition at will, and stealing every single item of technology within its sticky, greedy hands, and elevating industrial espionage to a national duty can do for your economy.
Remarkably, Feldstein focuses only on China’s compliance with WTO requirements to admit China into the world as an international leader, and nothing else. He already puts their economy at the top. However, not one time, not one word, not a whisper is devoted to China’s horrendous treatment of its people, the complete absence of any freedom, rights, justice, free will, license, democracy, free enterprise, its aggression towards the South China Sea, its neighbors and in particular its obsession with destroying Taiwan’s democracy, a threat to China’s malignant one-party dictatorship. How is it possible that Feldstein, a member of three Presidential administrations, a supposedly world class economist cannot even recognize China’s hegemonic intentions (e.g. his glowing view of One Belt One Road, ignoring its threat to the world) and complete domination of its people, or that its economic “success” is done with blood on the Emperor’s hands?
This is why we are in danger. People like this, like Feldstein, with long resumes, appointments at the best universities (Harvard in his case), a large platform and absolutely no brains whatsoever in their empty Project Syndicate heads (empty aside from some economic guidelines, formulae and statistics, devoid of morality apparently). In my opinion, Mr. Feldstein is a brilliant economist and a complete idiot (something I feel he has in common with Joseph Stiglitz).