Six months after the 18th Communist Party Congress, debate and bickering over reforms in China rages on. Both inside and outside the country, opinions
remain divided over whether Beijing will strategically push forward an ambitious economic reform agenda or squander the opportunity once again. A corollary
is that even assuming Zhongnanhai will take on a reform agenda, it is usually an assumption riddled with caveats about the scope and extent of such
reforms. For many of the skeptics, whatever reforms that may emerge will be weak and perhaps too little too late.
But for internal champions of economic reforms, things may in fact be looking up. According to the estimable John Garnaut of the Sydney Morning Herald, some potentially serious changes are in the works, a point corroborated by the New York Times as well. Garnaut writes:
China is drawing up a blueprint for sweeping reforms aimed at averting an economic crisis, sources with close ties to the leadership say.
The reforms are aimed at revitalising the world's second-largest economy amid deepening fears about a trend of rising corruption, wasteful investment and
local government debt.
Liu He, who leads the party's Central Leading Group on Financial and Economic Affairs, has been given the task of preparing a seven-point blueprint
for the Third Plenum of the 18th Communist Party Congress, which is due in about October, according to a source with close ties to several members
of the Politburo Standing Committee.
A few points are worth noting. First, appointing Liu He to the task of creating a "reform plan" should generally be interpreted as a positive sign. Liu
is no stranger to such herculean efforts, having been widely rumored as a leading architect of China's 12th Five-Year Plan, a blueprint that most
observers laud as a formidable, if overly ambitious, plan to achieve China's economic transition. Second, the timing of the Third Plenum, if true,
reaffirms previous speculation that the new leadership is hoping to imbue their reform rollout with historical import. As Evan Feigenbaum and I wrote recently in Foreign Affairs:
If Chinese leaders do choose the third plenum as the place to announce new reforms, it will be because it is pregnant with political symbolism: it was
at another third plenum, in 1978, that Deng Xiaoping, the architect of China's market reforms, won consensus around the vision that set China on its
course to becoming the world's second-largest economy.
For casual China observers, something as obscure as a Communist Party event such as a plenum may mean absolutely nothing. But it in fact carries
considerable historical weight. At the time in 1978, Chinese patriarch Deng understood clearly that simply having an economic reform plan was necessary but
insufficient. What also was needed was an enduring political consensus to move the plan forward to the execution stage. The politics of that time were
decidedly more complicated. The entire Chinese nation was barely coming to grips with the post-Mao Zedong era and awakening from a decade of the brutish
politics of the Cultural Revolution. It was a toxic environment in which to even suggest market reforms, and it could have easily been derailed. As one account from Bao Tong, a former high level party official and close confidante of Zhao Ziyang, has it:
Sometimes, history resonates with itself. In 1969, as the Communist Party was preparing for the Ninth Party Congress, Lin Biao put forward the view
that the process of continuous revolution should be stopped, and the Party should turn its attention instead to ways to develop productivity. If Mao
had been receptive to this idea, then maybe Lin Biao would have gone on to become the next Deng Xiaoping.
But the opposite occurred, because the suggestion angered Mao deeply, causing the rift between them. Fast forward to 1978, and the Third Plenum, where
Deng Xiaoping thought the same thing, that the continuous process of revolution should be stopped, and that the whole Party should turn its attention
to building a modern China. Luckily, Hua Guofeng wasn't Mao, and fortunately he accepted Deng's suggestion.
Hua and Deng agreed ahead of the Third Plenum that it would look forwards rather than backwards and avoid getting tangled up in "problems left over by
history." (By this, they meant that it wouldn't concern itself with debating the issue of all the trumped-up or mistaken political charges against
people.) They decided that what was needed was "unity to face the future."
That unity wasn't preordained nor was the political equilibrium easily maintained. It took Deng and his supporters considerable political acumen to
sustain the momentum and justification behind reforms. At the time, Deng seemed to fully grasp that the grandiose task of Chinese "modernization",
however defined, would take longer than his lifetime. His solution? Personally select two generations of leaders -- Jiang Zemin and Hu Jintao -- that would
continue the nation-building he began for another 20 years.
When Deng passed away in 1997, the Chinese economy was just under $1 trillion. It is now an $8 trillion-plus behemoth with far-reaching global
interests. The reforms of today, whatever shape they make take, will necessarily be different from those more than 30 years ago, because China itself has transformed dramatically. The expectation of change must also be tethered to the reality of today's institutional interests and political dynamics. Under the initial burst of reforms, changes were profound both in their scope and speed, largely because China was starting from such a low base.
That said, a new leadership appears to once again seek to instill historical purpose
into their reform agenda, in large part to shape the political environment in which these reforms must be carried out. They have appealed to national rejuvenation and greatness -- a time-honored tactic to mobilize a popular mandate -- to continue the project of Chinese modernization.
Can the new leadership now relieve the pressures that it, deliberately or not, has created by making a closing argument on reform at the Third Plenum? Either way, the fall conclave just got a whole lot more
Damien Ma is a fellow at the Paulson Institute, where he focuses on investment and policy programs, and on the Institute's research and think-tank activities. Previously, he was a lead China analyst at Eurasia Group, a political risk research and advisory firm.
An etiquette update: Brevity is the highest virtue.
I recently cut the amount of time I spent on email by almost half, and I think a lot of people could do the same.
I’m sure my approach has made some people hate me, because I come off curt. But if everyone thought about email in the same way, what I’m suggesting wouldn’t be rude. Here are the basic guidelines that are working for me and, so, I propose for all of the world to adopt immediately:
Best? Cheers? Thanks?
None of the above. You can write your name if it feels too naked or abrupt not to have something down there. But it shouldn’t, and it wouldn’t if it were the norm.
Don’t waste time considering if “Dear,” or “Hey” or “[name]!” is appropriate. Just get right into it. Write the recipient’s name if you must. But most people already know their names. Like they already know your name.
Despite prohibitions on American companies doing business in Cuba, the Trump Organization appears to have made a couple forays onto the island.
The candidate of “law and order” sure seems to play fast and loose with the rules when it concerns himself.
Despite longstanding prohibitions on Americans doing business with Cuba, installed as part of the decades-long embargo on that country, the Trump Organization seems to have been quietly, and according to two reports illegally, conducting business on the island for some time.
In July, BusinessWeek’s Jesse Drucker and Stephen Wicary reported on the Trump Organization’s forays into golf-course planning in Cuba. While travel to Cuba has opened up recently, travel is still restricted to a few categories, of which golf is not one. Drucker and Wicary report:
Trump Organization executives and advisers traveled to Havana in late 2012 or early 2013, according to two people familiar with the discussions that took place in Cuba and who spoke on condition of anonymity. Among the company’s more important visitors to Cuba have been Larry Glick, Trump’s executive vice president for strategic development, who oversees golf, and Edward Russo, Trump’s environmental consultant for golf.
All the nominee had to do at the first debate was appear polite and reasonable for 90 minutes. He failed.
HEMPSTEAD, N.Y.—Before this week’s first presidential debate, it was common for Donald Trump’s television surrogates to predict it would echo the sole 1980 encounter between Jimmy Carter and Ronald Reagan.
It turned out, to borrow from another famous debate moment, Donald Trump was no Ronald Reagan.
On the surface, the analogy appeared reasonable. Like Hillary Clinton today, Carter in 1980 bet most of his chips on personally disqualifying Reagan. Carter painted his opponent as unqualified, ill-informed, extreme, and dangerous—an aging entertainer who might trigger a nuclear war through ignorance and belligerence.
For months, enough voters feared Carter might be right to keep him close in the polls, despite enormous dissatisfaction with his job performance. But when Reagan in the debate presented himself as composed, reasonable, and genial (swatting away even accurate Carter recitations of his most outrageous earlier statements with a jaunty “There you go again”) the doubts softened, Carter’s support crumbled, and the Gipper rolled to a landslide.
CHICAGO—It was Nordstrom’s anniversary sale, and Marnie couldn’t help herself. She ran to the shoe display, and, with a swooping bear hug, grabbed up an entire row of gemstone-hued Nikes.
Marnie is a self-identified hoarder, and she was here as part of an intervention of sorts. As she compulsively shopped, looking on were a group of other hoarders and psychologists.
Within seconds, Marnie had laced up a navy-blue pair of sneakers. A sales clerk wandered over. “Can I help you?” she asked, suspiciously.
The shopping expedition took place during the annual conference of the International OCD Foundation this July. Hoarding is one of the many manifestations of Obsessive-Compulsive Disorder, a mental illness that forces its sufferers to perform specific rituals or think disturbing thoughts repeatedly. In the case of hoarding, it’s the uncontrollable desire to acquire and keep things.
After Donald Trump became the Republican nominee, he was asked on Fox News about his views on NATO and other American alliances. He gave his familiar “they’re freeloaders” answer:
The fact is we are protecting so many countries that are not paying for the protection. When a country isn’t paying us and these are countries in some cases in most cases that have the ability to pay, and they are not paying because nobody is asking….
We’re protecting all of these countries. They have an agreement to reimburse us and pay us and they are not doing it and if they are not going to do that. We have to seriously rethink at least those countries. It’s very unfair.
In a unique, home-spun experiment, researchers found that centripetal force could help people pass kidney stones—before they become a serious health-care cost.
East Lansing, Michigan, becomes a ghost town during spring break. Families head south, often to the theme parks in Orlando. A week later, the Midwesterners return sunburned and bereft of disposable income, and, urological surgeon David Wartinger noticed, some also come home with fewer kidney stones.
Wartinger is a professor emeritus at Michigan State, where he has dealt for decades with the scourge of kidney stones, which affect around one in 10 people at some point in life. Most are small, and they pass through us without issue. But many linger in our kidneys and grow, sending hundreds of thousands of people to emergency rooms and costing around $3.8 billion every year in treatment and extraction. The pain of passing a larger stone is often compared to child birth.
They were given the same 120 minutes. But each network presented them its own way.
A presidential debate never really ends. For weeks—until the next matchup—cable news keeps the top clips on rotation, replaying the zingers and goof-ups. (I expect to see Hillary Clinton’s Shaq-like shoulder shimmy about a zillion times before this election concludes.) And what’s wrong with that? A debate is America’s rare chance to compare the candidates head-to-head. Each appearance is worth chewing over.
But if cable-news recaps constitute part of our collective short-term political memory, it’s interesting to see which clips they choose to spotlight—and how their choices vary by network.
For months, the Political TV Ad Archive, a project of the Internet Archive, has faithfully logged when campaign commercials air in key media markets. How they manage to track them is pretty neat: Their software builds an audio fingerprint of each campaign advertisement, then listens for that distinctive waveform on live broadcasts. Using the same technology, the group launched a side project this week, monitoring how clips from Monday’s debate have reappeared on the major news networks.
A new study looks at rates of lethal violence across a thousand species to better understand the evolutionary origins of humanity’s own inhumanity.
Which mammal is most likely to be murdered by its own kind? It’s certainly not humans—not even close. Nor is it a top predator like the grey wolf or lion, although those at least are #11 and #9 in the league table of murdery mammals. No, according to a study led by José María Gómez from the University of Granada, the top spot goes to… the meerkat. These endearing black-masked creatures might be famous for their cooperative ways, but they kill each other at a rate that makes man’s inhumanity to man look meek. Almost one in five meerkats, mostly youngsters, lose their lives at the paws and jaws of their peers.
Gómez’s study is the first thorough survey of violence in the mammal world, collating data on more than a thousand species. It clearly shows that we humans are not alone in our capacity to kill each other. Our closest relatives, the chimpanzees, have been known to wage brutal war, but even apparently peaceful creatures take each other’s lives. When ranked according to their rates of lethal violence, ground squirrels, wild horses, gazelle, and deer all feature in the top 50. So do long-tailed chinchillas, which kill each other more frequently than tigers and bears do.
America likes the idea of the self-made man, the man who starts his own business, pulls himself out of obscurity, and becomes a success.
Over time, some Americans have started to believe that a self-made man should also be a selfish man. That a millionaire shouldn’t pay taxes because they’ll only be “squandered,” that a smart businessman roots for the economy to collapse so he can buy real estate cheaply, that taxes on business should be lowered so the wealthy can do better. In much of America, that attitude is regarded as an important component of how a self-made man succeeds—applauded, because it’s thought to be a sign of the vigor of America.
But plenty of millionaires feel differently. Some contest the notion of a self-made man altogether, arguing that anyone successful has relied on government spending—infrastructure, an educated workforce, enforceable contracts—to make their mark. Some of them even believe that paying more taxes and investing in public services is the way to more prosperity—for everyone. “What I’m talking about is what policies will not just help me personally, but that I think will be good for our country and my kids' generation,” Morris Pearl, a former managing director at the investment fund BlackRock, told me. He added, “I don’t want to live in a country where a few people do amazingly well and everyone else does poorly, because anyone, including me and my kids, may end up not being one of the winners.”