An op ed in the Wall Street Journal last week that's been widely commented on. We should be glad the Journal published Stern, as it shows where he and his ilk really are, ideologically. It's well worth reading in it's entirety. And while Stern was head of SEIU he had the record for most visits by a non-member of the administration to the Oval Office (no joke).
Andy Stern is the current incarnation of Walter Duranty. (Duranty was the Moscow correspondent for the NY Times in the early 30's. He loved the place. Never bothered reporting on the deliberate starvation, etc, etc.)
The free-market fundamentalist economic model is being thrown onto the trash heap of history.
I was part of a U.S.-China dialogue—a trip organized by the China-United States Exchange Foundation and the Center for American Progress—with high-ranking Chinese government officials, both past and present. For me, the tension resulting from the chorus of American criticism paled in significance compared to reading the emerging outline of China's 12th five-year plan. The aims: a 7% annual economic growth rate; a $640 billion investment in renewable energy; construction of six million homes; and expanding next-generation IT, clean-energy vehicles, biotechnology, high-end manufacturing and environmental protection—all while promoting social equity and rural development.
Some Americans are drawing lessons from this. Last month, the China Daily quoted Orville Schell, who directs the Center on U.S.-China Relations at the Asia Society, as saying: "I think we have come to realize the ability to plan is exactly what is missing in America." The article also noted that Robert Engle, who won a Nobel Prize in 2003 for economics, has said that while China is making five-year plans for the next generation, Americans are planning only for the next election.
"Five Year Plan". Where have we heard that term before?
While we debate, Team China rolls on. Our delegation witnessed China's people-oriented development in Chongqing, a city of 32 million in Western China, which is led by an aggressive and popular Communist Party leader—Bo Xilai. A skyline of cranes are building roughly 1.5 million square feet of usable floor space daily—including, our delegation was told, 700,000 units of public housing annually.
"Popular Communist Party Leader"?
America needs to embrace a plan for growth and innovation, with a streamlined government as a partner with the private sector.
Yeah, a plan. The governmenat as "partner". Not as regulator; as partner. Remember when Japan bought Rockefeller Center 20 plus years ago? it was going to be "Japan Inc." ruling the world.
Of course the fact is that China operates as a completely unregulated thuggish, brutish form of capitalism. It really is "The Free Market run by Thugs" (quoting myself).
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