13 December 2016

Foreign Affairs: The End of Globalism

The process would be backed by the United States’ hard and soft power. Indeed, it was partially according to this logic that neo-liberalism’s offspring, the neo-conservatives and liberal interventionists, took America to war in Afghanistan and Iraq. And therein lies the problem; globalism was a Trojan Horse. It devoured globalization, turning it into a force that seemed unstoppable until it collapsed under the weight of its own hubris. [...]

China, more than any other developing country, has benefited from globalization. It saw itself transform from a poor agrarian economy into a global industrial powerhouse, all while lifting more than 600 million people out of poverty. Yet China chose to engage globalization on its own terms, embracing connectivity while decisively rejecting globalism. In turn, China was able to strengthen its one-party political system and open its market according to its own national development priorities. [...]

China’s ideas are fundamentally compatible with Trump’s vision. Strong sovereign nations are paramount to a functioning international system. The primacy of culture must be recognized, and enforcing uniform rules should never take precedence over national considerations. Multilateral institutions, moreover, should not be used to suppress bilateral engagements when bilateral arrangements are more effective. All these statements could have been uttered by Trump or by Xi. [...]

Trump’s victory was not an accident. It was the culmination of structural changes within American society that elites had ignored for too long. These forces will continue to push the United States and the world down a different path than the one they’ve been on for 25 years now. It is critical that Chinese leaders see this reality and respond accordingly. If China gets it wrong, trade wars, geopolitical confrontations, and even military conflicts could follow. It would be a classic case of the Thucydides Trap, in which a rising power strikes fear in an established power and tensions escalate into war. The United States has legitimate reasons to place itself first in its dealings with the world. China, more than any other nation, should be capable of understanding that. And China, also more than any other nation, could offer Trump’s America room to successfully adjust its national priorities. 

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