John D. Rockefeller’s immense wealth made “rich as a Rockefeller” part of the lexicon. But his legacy rests not on what he earned. As the founder of Standard Oil and the richest person in history, Rockefeller donated so much money during his life that he needed a team of philanthropy specialists to distribute it. The result was the Rockefeller Foundation, chartered in 1913 “to promote the well-being of mankind throughout the world.”
The Great Debate
The United States and China have been searching for a new way to frame their relationship. President Barack Obama’s trip this week to Southeast Asia, the focus of much U.S-Chinese tension, reminds us that with new leadership now set in both countries, it is time for them to carry on with that important task.
Some of the most acrimonious moments of Monday’s presidential debate occurred during the candidates’ discussions of China, with Barack Obama attacking Mitt Romney for his investments in Chinese companies, and Romney demanding that we adopt a tougher line on the Chinese counterfeiting of American products. Romney was particularly shocked to discover that counterfeit valves –bearing fake serial numbers – were “being sold into our market and around the world” as though they’d been made by the U.S. competitor. “This can’t go on,” he insisted, as if this were a fraud being perpetrated for the first time during Obama’s presidency. While Romney’s outrage may make for good politics, history shows that Chinese counterfeiting is almost as old as America itself.
In every U.S. presidential election, the major party candidates vie to see who can appear tougher on China. Once the election is over, however, the substance of U.S. policy toward China usually changes little and is far more pragmatic than the campaign rhetoric. There are ominous signs, though, that things could be different this time.
Since Apr. 26, a crusading forestry activist, a muckraking journalist and a 14-year-old girl have been killed in Cambodia because they tried to safeguard the country’s dwindling land reserves. They are all victims of a decade-long battle over Cambodia’s ecological future, a fight that in the past two years has turned more bloody and corrupt. Their deaths offer the world a stark vision of how crony capitalism has replaced totalitarianism as the threat to human rights in Southeast Asia. In Cambodia, the price of a human life pales in comparison with a blank check.
Twenty years after the end of the Cold War, we face a new challenge: how to conserve liberal freedoms once our citizens feel safe enough to take them for granted. Totalitarianism of the left and right, which defined liberalism throughout the 20th century, is no longer there to remind us how precious freedom is. It is up to us all to remember who we are, why liberty matters, why it is a discipline worth keeping to, even when our own sinews tell us to relax.
This piece originally appeared in Reuters Magazine.
Zhang Yue fondly caresses the blueprints as he slowly flips through them, occasionally pausing to stare at a drawing as he explains his new project. The plan seems impossibly ambitious: build a 220-story building, the tallest in the world, in just four months by using the rapid-construction techniques his company has developed. Zhang, a slight but wiry and intense man of 52, says “Sky City” – as he has dubbed it – can fix many of the world’s pollution, congestion, transportation and even disease problems by completely purifying the tower’s air. The 838-meter-tall building (10 meters taller than the Burj Khalifa in Dubai, currently the world’s tallest) will hold schools, a hospital, 17 helipads and some 30,000 people. It will, indeed, be a city in the sky.
“I wish I could tell you that the world is a safe place today. It’s not.” With these words, delivered at a Memorial Day commemoration last Monday in San Diego, Mitt Romney perpetuated what is perhaps the greatest single myth in American foreign policy – that we live in a world of lurking danger and rising threats.
Any Americans believing that their country is being bought up by the Chinese might want to pay heed to a new report from the Vale Columbia Center on Sustainable International Investment. It says that China is a minimal player in terms of foreign direct investment in the United States and that Washington should in fact be doing a lot more to get it to gear up its buying.
This is the third in a series of responses to Ian Bremmer’s excerpt of Every Nation for Itself: Winners and Losers in a G-Zero World. The first response can be read here and the second here.