Regions / Asia & Pacific
It is unfortunate that the first major post-Seattle legislative battle is over China and the WTO
James H. Nolt,"China in the WTO: The Debate."
The Pentagon has inflated the North Korean threat in order to rationalize its desire for a missile defense system, to justify a capacity to fight two wars simultaneously, and to explain the need to maintain 37,000 troops in South Korea.
For the past decade, through both Republican and Democratic administrations, the U.S. government has promoted a model of free-market global capitalism that it claimed would benefit the great majority of people both at home and abroad. This model has failed.
Joint Vision 2020, a Pentagon planning document, concluded that Asia will replace Europe as the key focus of U.S. military strategy in the early 21st century and pointed to China as a potential adversary.
The Clinton administration continues to promote the deeply flawed "Washington consensus" of neoliberal globalization in the APEC countries.
Indonesia's recent economic and political collapse is a stark example of the outright failure of a development paradigm promoting large-scale economic growth without political, social, legal, and environmental safeguards.
Despite frequent alarms about the supposed China threat, China is not an emerging superpower.
India has developed its nuclear weapons program in reaction to local, regional, and global nuclear and political realities.
With South Korea facing serious economic problems and North Korea nearing political collapse, the Korean peninsula is entering a period of turbulence and change.