David Henry Hwang Quotes
There's something about China and its rush to capitalism that I find confusing. At the same time, we live in an America where capitalists oppose any government interference with free markets, while in China you have a very controlled, state-planned market where economic growth is better than ours.
Hwang, David Henry. "A Playwright Returns to Broadway With 'Chinglish'." Interview by Patrick Healy. The New York Times, 19 Oct. 2011.
This rigid view left no room for regulation which is what almost every modern industrial democracy has chosen. To some of his extremist followers, any government regulation of business or the economy whatsoever, regardless of how little, means that the nation has embraced socialism. It is in this sense that many extreme right wingers viewed Presidents like Franklin Delano Roosevelt, Harry Truman, John Kennedy, Bill Clinton, and Barack Obama as socialists while they saw themselves as opponents of socialism.
March 4, 1933 was the date that Franklin Delano Roosevelt had assumed the Presidency from Herbert Hoover and used government to combat the Great Depression whereas Hoover would not take any of these steps as the conservative wing of his party and he regarded anything that government did was “creeping socialism”. Historically, it is useful to recall what steps Roosevelt took that were described as socialism. These include Social Security, Federal Deposit Insurance for bank accounts, aid to farmers, the Civilian Conservation Corps, Regulation of the stock market, regulation of banks and many other things that are key elements of modern capitalism which virtually every capitalistic nations has in one form or another. Long after Truman was out of office, the most conservative elements of the Republican Party have accused every Democratic President of “creeping socialism” when they were actually quite opposed to socialism. Even when their career before their presidency was full of criticisms of socialism and policies that are opposite, as in the case of President Obama, the President has been accused of being a socialist. However, it started with Franklin Delano Roosevelt and Harry S Truman.
The mantra was not heard much after the collapse of the ‘smart’ markets in 2008 and the ‘dumb’ governments had to come to the rescue of the economy all over the industrialized world.
The “Harvard Boys” referred to some free market economics professors who were advising the Russian government on their transition to a democratic industrial democracy. Free market capitalism was a great failure in that instance. However the free market enthusiasts would argue that Russia did not have a legal system, and organized crime was not controlled, and the Russian people where just not used to a free market.
Most classic socialists would not agree, but Deng’s approach created the most economically successful socialist economy in history.
Ardent socialists make the same complaint—that critics often compare realistic socialist societies with capitalist utopias, and they conclude when reality is considered, socialism is the better system.
David Henry Hwang is an American playwright, librettist, screenwriter, and theater professor at Columbia University in New York City. He has won three Obie Awards. Three of his works—M. Butterfly, Yellow Face, and Soft Power—have been finalists for the Pulitzer Prize for Drama.