• Adam Tooze · Whose century? After the Shock · LRB 30 July 2020
    https://www.lrb.co.uk/the-paper/v42/n15/adam-tooze/whose-century

    The question asked by the American left, as well as more hard-nosed right-wingers, is not whether the US negotiators were naive or incompetent, but whose interests they were representing. Were they negotiating on behalf of the average American, or American business? As Davis and Wei show, US economic policymakers were committed to advancing the interests of American business more or less as business articulated those interests to them. [...]

    In 1949, ‘Who lost China?’ was the question that tortured the American political establishment. Seventy years later, the question that hangs in the air is how and why America’s #elite lost interest in their own country. Coming from Bernie Sanders that question wouldn’t be surprising. But it was more remarkable to hear William Barr, Trump’s attorney general, describe American business as ‘part of the problem’ because its corporate leaders are too focused on their stock options and have lost sight of the ‘national view’ and the need to ensure that ‘that the next century remains a Western one’. He warns corporate executives lobbying for China that they may be treated as foreign agents. This is all a long way from the 1990s, when America’s corporate leaders could confidently assume that their way of seeing the world was so deeply entrenched in the US political system that their desired version of integration with China would go unchallenged, whatever the costs it imposed on American society. They folded China into their corporate planning as though all that was involved were private business decisions, not a wholesale rewiring of the global order. Today, that wager on the world as a playground of corporate strategy is unravelling.

    #intérêts_privés #etats-unis #Chine