by Salvatore J. Babones One year ago I published an article in Foreign Affairs magazine predicting that China’s outsized rate of economic growth would soon slow down to the levels that are typical of other middle-income countries like Mexico, Brazil, and Russia. Foreign Affairs published my article under the punning but (in my view) inappropriate title “The Middling Kingdom.” There is nothing middling about China: it is the world’s largest country, the center of one of the world’s great civilizations, and in many ways the most important place on Earth. But will its economy continue to grow at 10% per … Continue reading China at century’s end
by Zoltan Zigedy Twenty years ago Marxism was in retreat. Actually, it had been in retreat much earlier than the fall of the Soviet Union and Eastern European socialism a decade before the end of the twentieth century. But certainly the dissolution of the USSR marked a dramatic and, for many, a surprising finale. Communism, the revolutionary expression of Marxism, was the official ideology of states that contained roughly 40% of the world’s population as late as the nineteen eighties. At the same time, in many other countries, Communists were formidable political forces possibly in reach of political power or, … Continue reading Marxism: Dead or alive?