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After the depression the US emerged as the global hegemon because of major shifts in power that happened as a part of WWII. The US was uniquely adapted to grow
by baron_harkonnen 7y ago
After the depression the US emerged as the global hegemon because of major shifts in power that happened as a part of WWII. The US was uniquely adapted to grow to be the global super power at the same time that European nations were taking a huge hit from the war.
I suspect this will ultimately lead to China as the new hegemon. We're seeing key advantages to the Chinese state that the US cannot adapt to. Decades of pushing the US government to work more and more exclusively in the interest of capital has lead to a completely impotent state that cannot take care of its people. Likewise we have a complacent populace who, as many here have argued, won't be able to endure extended isolation.
The pandemic is not just a rogue wave that has done some damage and we'll bounce right back. This event has shown deep systemic vulnerability to certain very real risks that the US is incapable of adapting too. And all these same risks are what leave us extremely vulnerable to other similar events like climate change.
The US will recover in a sense, but this is very likely the start of a long process of a major shift in global power, and the end result will look very, very different than the world of a few weeks ago.
- mrkramer 7y agoGermany lost 2 World Wars and today it has greater GDP than UK by $1 trillion. It doesn't matter who is hit harder it matters whose economy is more efficient and has more innovations.
- danharaj 7y agoNothing will ever sway people like you from neoliberal rhetoric, huh?
- DuskStar 7y agoConversely, is there anything that would sway people like you from neocommunist rhetoric?
- danharaj 7y agoYou could have only thought that was a scathing retort if your political ideas are entirely based on the formal manipulation of words and aesthetics.
- DuskStar 7y agoIt was meant more as a "there is no real response to a contentless statement like this" comment, though I admit people don't seem to be taking it that way.
- dragonwriter 7y agoNothing in the grandparent comment is particularly neoliberal; now, if it stated that neoliberal policy assured (or even made more likely) the kind of economic resilience that it suggests is what matters, that would be different, but as it is it is compatible with the criticism of neoliberalism that is common from the center-left to the far left (though each position in this range also has many more criticisms of neoliberalism) that it favors myopic microoptimizations over systemic health and resilience. Heck, as a center-leftish frequent critic of neoliberalism, I mostly agree with the statement: while who was hit hardest has some effect, differences in the trajectory of the rebound from the bottom tends to matter more for the post-crisis position than differences in the depth of the bottom.
- danharaj 7y ago"efficiency" and "innovation" are neoliberal buzzwords. They are the very same buzzwords that were used to justify the cuts to our supplies and offshoring of our supply chains that led in part to this crisis. It is absurd on its face to summarize Germany's ascendancy to "efficiency" and "innovation" when, you know, complicated geopolitics is a thing. It is literally fluffy propaganda.
- dragonwriter 7y ago> "efficiency" and "innovation" are neoliberal buzzwords. No, efficiency and innovation are real things. Neoliberals tend to think that they are areas that neoliberal policy produces better outcomes on, and in the case of efficiency at least there is a strong theoretical case that this is true in a very narrow range of hyper-idealized conditions. People who are not neoliberals often agree that efficiency and innovation are important (though perhaps not of as paramount importance as neoliberals tend to portray them), but often disagree with neoliberals as to the optimality of neoliberal policies at producing them outside of the kind of simplified conditions that dominate the first couple weeks of undergraduate economics classes.
- cvlasdkv 7y ago> People who are not neoliberals often agree that efficiency and innovation are important (though perhaps not of as paramount importance as neoliberals tend to portray them), but often disagree with neoliberals as to the optimality of neoliberal policies at producing them outside of the kind of simplified conditions that dominate the first couple weeks of undergraduate economics classes. People who are not neoliberals often agree that efficiency and innovation are important _up to the point where needs are met for all_. No leftist uses efficiency/innovation as a target (and if they do chase it for the sake of productivity they are by definition not left of capital).
- abstractbarista 7y agoThis is not productive commentary. Looks like his numbers are true, thus his statement is worth something.
- saiya-jin 7y agoNot much comparable. Just a random difference - Germany was quickly rebuilt because allies want it to be rebuilt, and not let impoverished and destroyed like after WWI. We know how that ended... When talking about efficiency, I think China might have the upper hand now - they are much more effective in discipline, they don't mind suffering things that are unacceptable for us, and look where they are with COVID - ahead of every-fucking-body else. West looks pathetically weak and ineffective compared to them. Maybe in 2 months things will look differently, but I don't see much data for that now.
- viklove 7y ago> they don't mind suffering things that are unacceptable for us When the ruling class exploits the working class and suppresses their access to information and free speech, that doesn't mean they "don't mind suffering," it means one sector of the Chinese population has cannibalized another sector in order to build wealth for themselves. Much like what is happening in the US with the ultra-wealthy. It's not all rainbows and roses in China, in fact if you forgot, there is an active genocide in progress in that country.
- saiya-jin 7y agoGenocide or not (nobody knows what is happening in those camps, so I would not use that word unless we have some solid hard evidence), we talk about consequences of covid on societies. And Chinese one seems to be faring much much better than most others. I just saw how a video of Chinese doctors dressing up for a visit to a covid patient. My doctor wife just stared with open mouth - nothing like that is done here in Switzerland. They use super basic equipment, which is simply not enough to protect long term doctors exposed to patients. We simply don't have the mindset to handle this situation seriously. We will learn eventually, but it will be a painful lesson for our society. As somebody on HN mentioned a few weeks ago, China defined its bottom with closure and quarantine, and now they are bouncing back. While west is still in free fall.
- nsporillo 7y agoChina understands what matters most and that is controlling the narrative. An authoritarian government excels at manipulating the raw data and thus the narrative.
- nopinsight 7y agoA key determiner is who invents an effective treatment and vaccine first. Many bright young minds globally are paying great attention to Covid-19. If it happens in a country, possibly US, East Asia, or Europe, then the institutions of higher learning in the country would gain immediate prestige. (Pretty sure some teams in China have set its sight on this.) If it happens in East Asia, that would also be a recognition of their recent rapid improvement in STEM research that's not yet common knowledge, and not recognized by many general rankings. An academic ranking with some objectivity has 5 Chinese, 1 Korean, and 1 Singaporean universities among global top 10 in biomedical engineering, for example: http://www.shanghairanking.com/Shanghairanking-Subject-Rankings/biomedical-engineering.html http://www.shanghairanking.com/Shanghairanking-Subject-Ranki... A shift in perception among talents may start a positive feedback loop that propels innovation in East Asia (incl. Singapore) further. Today, many graduate students in top programs in the US are from Asia. Over the long term, quality and rate of innovations are what determine global leaders (as a sibling comment suggests).
- mdorazio 7y agoI agree with the last part of your statement, but not the first. By the time an effective vaccine is developed and run through human trials, most of the population will already have gotten Covid, so it's not likely to be a savior moment. Additionally, given how many vaccine candidates are already in the pipeline, it's pretty likely there will be multiple options approved within a few months of each other. On a related note, if China wants to improve its STEM research prestige level, it needs to do something about the rampant fraud in research results that cause a lot of people to be highly skeptical of anything they publish.
- nopinsight 7y agoMany countries, esp in East Asia, have slowed COVID spread down a great deal. Vaccines will likely be invented before it penetrates the populations there. They are among the largest groups of graduate students, ie key research workforce, in the US. If a vaccine developed in East Asia is either cheaper, more scalable, or more effective, increased self-confidence would mean many top students will choose to pursue graduate studies at home instead of the US. This is in addition to fear of being discriminated against because of the pandemic. Given the number of top people in East Asia with strong quantitative skills, it would significantly shift research momentum to the east. https://www.oecd.org/pisa/PISA-results_ENGLISH.png https://www.oecd.org/pisa/PISA-results_ENGLISH.png
- chatmasta 7y agoI’m not sure about this. China is, rightfully, being blamed for the initial outbreak of the virus and their failure to contain it. I think when the dust settles, we’re going to see a rapid decoupling from China as countries look inward to strengthen their domestic supply chains. I have a hard time seeing China emerging as a winner from this crisis.
- mensetmanusman 7y agoThis. China cares for its people by imprisoning them with brute technology and camps?
- vkou 7y agoGiven how poorly the rest of the world reacted after getting two months of advance warning, I can't think of more than three countries that could have contained this outbreak. Fingerpointing at China when they reacted far more decisively then the West did seems... A tad off the mark. If this originated in Milan, Kansas, or Bangalore, we'd all be in the exact same boat today. Hell, if the outbreak started in Kansas, we would probably have a hundred thousand dead by now, with our supreme leader still insisting that the virus will magically go away in three weeks.
- mensetmanusman 7y agoNot sure it is fair to say that the world really had advanced warning from China. They were saying everything was okay and people-people transmission is low. All trust was lost, so time was reset when Italy was hit, that is the real time zero, because no one trusts China.
- vkou 7y ago> They were saying everything was okay and people-people transmission is low. For the first two weeks of January. When they got to the point of locking down an entire city, it became pretty clear to everyone that it was a serious situation. We looked at that, and did... Nothing.
- duxup 7y agoI think it is arguable the other way around. China's own population may be additionally disenchanted with a government unable to handle the situation without iron/hamfisted attempts to clamp down after ignoring the problem / sources for a long time.
- scottLobster 7y ago1. The supposedly superior Chinese system is largely responsible for the outbreak being as bad as it is. Never mind the initial coverup and lies about the nature of the disease, their allowance of those horrifically unsanitary wildlife markets is crime enough. 2. I'm wondering what makes you think the US is incapable of adapting. Will we ever be able to do a China-style lockdown? Probably not, but that's a feature not a bug. There are other ways of dealing with a pandemic, and I sincerely doubt anyone from the west, or most of the east for that matter is going to be moving to China for their pandemic-response measures. If anything I see this as a negative for China. The experience has revealed just how vulnerable China-dependent supply chains are, particularly for medications and medical devices. I expect both political and social moves to diversify away from dependence on China, which would hardly make them more of a Hegemon.
- nxc18 7y ago1. China’s early failures were quickly remedied. They enacted a massively costly economic shutdown early, and bought the west weeks or months. What did we do with that bought time? We wasted it by denying the threat, failing to stockpile, and ultimately doing the exact same thing China did (trying to suppress news of it from the top). At least in the US a select few Republicans were able to profit off this, so I guess they can thank China for their generosity. 2) China built two hospitals in a week, and nearly instantaneously shifted a significant portion of their industry to making medical supplies. Thousands of Americans will die because the US President won’t invoke the defense production act. US does adapt, but it does so too slowly to solve the problem. China has proven themselves massively resilient. Right now, they’re worried about reimporting cases from Europe and have covid largely under control. It would have been better to not get out of hand in the first place, but they’re the only country that’s demonstrated an ability to work themselves back out of the crisis once it’s unfolded. Already, colleagues in China are returning to work, and I’ll be out of the office likely until May. China gave us weeks if not months of warning that we ignored, so it’s a little frustrating to see Americans and Europeans finger point when ultimately we’re responsible for our own shit. If you look at China’s trajectory over the past ~15 years, it is obvious that the 21st century is theirs for the taking, as the 20th was for the US.
- coleifer 7y agoNice username for such a comment. I approve!
- ntsplnkv2 7y agoA few weeks? Really? A major geopolitical shift the likes of which the world has never seen is going to occur in a few weeks? These things take place over years, even decades. I do agree that the US hegemony may come to an end if things continue as is. But I don't think that means another becomes hegemon.