The rise of the global China class.
Nearly every major American industry has a stake in China. From Wall Street—Citigroup, Goldman Sachs, and Morgan Stanley— to hospitality. …
Unsurprisingly, the once-reliably Republican U.S. Chamber of Commerce was in the forefront of opposition to Trump’s China policies—against not only proposed tariffs but also his call for American companies to start moving critical supply chains elsewhere, even in the wake of a pandemic. The National Defense Industrial Association recently complained of a law forbidding defense contractors from using certain Chinese technologies. “Just about all contractors doing work with the federal government,” said a spokesman for the trade group, “would have to stop.”…
“There’s a belief that we are not in the same type of conflict with them as we were with the USSR,” says the former Obama official. “But we are.” The problem is that virtually all of the American establishment—which is centered in the Democratic Party—is firmly on the other side.
The idea of a global elite ruling over the world for its own good is a gratifying one until you realize you may be canceled from inclusion. Everyone wants to be an agoge dancer but not everyone can make the cut.
Comments are closed.