At the Financial Times Martin Wolf makes a hoarse-throated argument in favor of globalization:
Homo sum: humani nihil a me alienum puto.†(I am a human being. I consider nothing human foreign to me.) These words by Terence, a second century BC Roman playwright, make a noble motto for our time. They define a position condemned by many, including the president of the US, as “globalismâ€. Yet that should mean more than economic — or, as some call it, “neoliberal†— globalisation. It should mean that humanity has global obligations and interests. To meet the former and promote the latter, the nation state is the start. But we must also think and act far beyond it.
I agree with that as far as it goes. Now reconcile that with China’s actions.
- China has never lived up to the commitments it made in joining the World Trade Organization.
- Its banks are opaque and largely organs of the state.
- Its currency remains nonconvertible.
- A very large proportion of its economy remains state-owned and is subsidized by the Chinese state.
- It has an active program of industrial and military espionage against the U. S. and, presumably, other countries.
- It routinely violates the intellectual property rights of foreign companies.
- Its imports are declining much faster than its exports, marking a return to a sort of one-way autarky.
- Its lack of a robust system of civil law makes it impossible for foreign companies to seek remedies in its courts.
- As I have documented it violates trade agreements more than any country other than Russia, even when taking the volume of its trade into account.
- It is using strongarm tactics to seize control of the South China Sea.
- It is a scofflaw on the UNCLOS. Example: a Chinese trawler rammed and sank a Filipino fishing boat. The trawler did not offer assistance to the survivors in contravention of international law. The captain of the trawler was not disciplined by the Chinese government as is required under international law.
- China supports the most reprehensible regimes on the planet, e.g. North Korea.
- China is polluting the environment at a ferocious rate, faster than any other country by far.
- China is essentially a free rider on the peaceful global system maintained by the U. S.
Is globalization possible without China? Is it possible with the China described above?
Mrs. Jellyby lives!
“Mrs. Jellyby, satiric character in the novel Bleak House (1852–53) by Charles Dickens, one of his memorable caricatures. Matronly Mrs. Jellyby is a philanthropist who devotes her time and energy to setting up a mission in Africa while ignoring the needy in her own family and neighbourhood.”