Föhrenbergkreis Finanzwirtschaft

Unkonventionelle Lösungen für eine zukunftsfähige Gesellschaft

Posts Tagged ‘Mead’

Incredible Shrinking Europe

Posted by hkarner - 12. Februar 2019

Date: 12-02-2019
Source: The Wall Street Journal By Walter Russell Mead

The Continent’s grand unity project is failing, and its global influence is fading.

Last week offered fresh evidence that the most consequential historical shift of the last 100 years continues: the decline of Europe as a force in world affairs. As Deutsche Bank warned of a German recession, the European Commission cut the 2019 eurozone growth forecast from an already anemic 1.9% to 1.3%. Economic output in the eurozone was lower in 2017 than it was in 2009; over that same period, gross domestic product grew 139% in China, 96% in India, and 34% in the U.S., according to the World Bank.

As its economy lags behind, Europe is becoming more divided politically. Brexit negotiations have inflamed tempers on both sides of the English Channel; Central European countries like Hungary and Poland are alienated from the West; much of Southern Europe remains bitter about the aftermath of the euro crisis; and anti-EU political parties continue to gain support across the bloc. A recent report from the European Council on Foreign Relations projects that anti-EU parties from the right and left are on course to control enough seats in the next European Parliament that they will be able to disrupt the EU and weaken it further. This wasn’t supposed to happen. The EU was founded to stop Europe’s decline, not reflect it. Den Rest des Beitrags lesen »

Posted in Artikel | Verschlagwortet mit: , , , , , | Leave a Comment »

Imperialism Will Be Dangerous for China

Posted by hkarner - 19. September 2018

Date: 18-09-2018
Source: The Wall Street Journal By Walter Russell Mead

Beijing risks blowback as it exports surplus economic capacity to Africa and Asia.

China’s real problem isn’t the so-called Thucydides trap, which holds that a rising power like China must clash with an established power like the U.S., the way ancient Athens clashed with Sparta. It was Lenin, not Thucydides, who foresaw the challenge the People’s Republic is now facing: He called it imperialism and said it led to economic collapse and war.

Lenin defined imperialism as a capitalist country’s attempt to find markets and investment opportunities abroad when its domestic economy is awash with excess capital and production capacity. Unless capitalist powers can keep finding new markets abroad to soak up the surplus, Lenin theorized, they would face an economic implosion, throwing millions out of work, bankrupting thousands of companies and wrecking their financial systems. This would unleash revolutionary forces threatening their regimes. Den Rest des Beitrags lesen »

Posted in Artikel | Verschlagwortet mit: , , , , , | Leave a Comment »

Putin Is Weak. Europe Doesn’t Have to Be

Posted by hkarner - 25. Juli 2018

Date: 24-07-2018
Source: The Wall Street Journal By Walter Russell Mead

Moscow is a sideshow. The real dangers come from within the Continent.

President Vladimir Putin in Kaliningrad, Russia, July 20.

We hear too much about Vladimir Putin these days and not nearly enough about the actual forces reshaping the world. Yes, the Russian president has proved a brilliant tactician. And, President Trump’s fantasies aside, he is a ruthless enemy of American power and European coherence. Yet Russia remains a byword for backwardness and corruption. Its gross domestic product is less than 10% that of the U.S. or the European Union. With a declining population and a fundamentally adverse geopolitical situation, the Russian Federation remains a shadow of its Soviet predecessor.

Add up the consequences of Mr. Putin’s troops, nukes, disinformation campaigns, financial aid to populist parties—and throw in the power of his authoritarian example. Russia still does not have the ability to roll back the post-1990 democratic revolution, overpower the North Atlantic Treaty Organization, or dissolve the EU. Den Rest des Beitrags lesen »

Posted in Artikel | Verschlagwortet mit: , , , , , , | Leave a Comment »

What Truman Can Teach Trump

Posted by hkarner - 23. Juli 2017

Date: 22-07-2017
Source: The Wall Street Journal

The politically astute Cold Warrior knew how to navigate the tides of populism at home while maintaining America’s leadership abroad

By Walter Russell Mead

The foreign policy of the United States hasn’t seen a strategic crisis this profound since 1947, when President Harry Truman summoned the American people to fight Soviet ambitions in Europe. The Cuban missile crisis was more dramatic and the agony of Vietnam more wrenching, but since Truman, American presidents have believed that a global, outward-looking, order-building foreign policy was the necessary foundation for U.S. strategy and a peaceful, prosperous world.

No longer. President Donald Trump, backed by a substantial segment of the American public, has distanced himself from some of the key foreign-policy assumptions and policies of the postwar era. Longstanding pillars of American strategy—free trade, alliances in Europe and Asia, defense of human rights, commitment to international institutions and the rule of law—have come into question as the new president denounces today’s global architecture as a bad deal for the U.S. Den Rest des Beitrags lesen »

Posted in Artikel | Verschlagwortet mit: , , , , , | Leave a Comment »