Guest speaker: Ed Freedman China = authoritarian state which is considered the authoritarian advantage according to Zacaria reason for this predisposition for growth Classical economic synthesis the way to respond to a failing economy is to balance the budget etc. nothing worked, so the Kaynsian macro economic management was a new theory used increase spending conclusion: economics and politics are semi-independent Growth in an economy good economic policy use of this policy after WWII lead to Great boom of the economies that applied Leninist command economy Mao Era China (1949-79) East Asian development state India?s Rise will overtake china in populations didn?t do well with soviet style of ruling Framing zakahria is wrong, there is no democratic advantage, or authoritarian democracy economy is autonomous not reliant on politics Take seriously the east Asian development rise of Japan, other countries who did the same thing if you tell the story this way, starting with the rise of Japan, you have a story of the rise of Asia China?s rise as fragile conflicts, problems with system, without real democratic reforms, all of these great gains are lost, political system does matter Chinese want to say that there is something good in the authoritarian system ,and that democracy and human rights are a threat to the communist/authoritarian ruling of China, so they oppose the spread Bejing Consensus authoritarianism is an advantage --> china sees itself as its own moral pole and is instituting these morals all around the world 2008 economic crisis Chinese see this as a world change and the rise of developing nations and right now is the time to do it, because the OECD countries (organizations that collects data in democratic industrialized nations which believe that democracy and human rights are good things) don?t have the money this is the moment where china wins Global climate change We want China to work with us, but they see our plan as a plot to slow down their growth they have 16 of the most polluted cities in the world China?s neighbors don?t necessarily agree with china?s views they want to benefit from their success, but they don?t want to be subordinate to China they deeply engage, but they tend to hedge against China - China views this as American involvement, worldwide anti-China movement Summary: Authoritarian ascendancy authoritarian style of ruling is an economic advantage Fragile super power economic gain is unstable without serious political reform Power transition theory China becoming new super power
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