Henry Paulson Quotes


Xi Jinping is a very strong and ambitious leader who is looking to make a lot of changes in China. He is not looking to follow a Western model based on universal suffrage. That is for sure.


Citations

Paulson, Henry M. Dealing with China: An Insider Unmasks the New Economic Superpower. Twelve, 2015.

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In the most rapid and largest growth of an economy was achieved in the late 1980s, and they managed to do it by maintaining total political control and economic control of the large, critical areas to the degree that any government can control economies.


The “Blue Shirts” were so called because of the color of the shirts that the young fascist thugs of the Nationalists wore in China—a color later adopted by the communists for dress. European Fascists tended to have young thug “enforcement” type battalions which were named for the color of their shirts: “Brown Shirts” in Germany, “Black Shirts” of the Fascist movement in England. Ironically, the Red Scare after WWII, convinced American leaders to support Chiang (who called himself and his party the “nationalists”) who was a deep admirer of fascism himself. Chiang’s version of Fascism which combined European type Fascism with traditional Asian warlordism and corruption alienated the majority of the Chinese peasants. America was forced to choose between Chiang led corrupt Nationalist fascists, and Mao led communists. We chose Chiang, but Mau and the Communists won. Chiang’s forces then seized Taiwan and this was the only part of China that did not go communist. After Chiang’s death, the island mini-nation became less fascist and more democratic, and by the 1990’s became a full-fledged democracy.


Tibet and some other ethnic enclaves of China have been almost impervious to the general improvement in the standard of living that China accomplished at the end of the 20th century and beginning of the 21st. China is not the only nation to have this difficulty. Some would argue that America still has it with some of its Native American nations. The great challenge is trying to develop and modernize a culture that does not want to be modernized at the moment but still wants many of the benefits of modernization.


She was ruling the largest country in the world and Denby’s opinion was held by most who knew China. What made her all the more remarkable was that, as a Chinese lower middle class women, she had no formal education, had rarely been allowed to travel out of her home or interact with men. As a young teen she was made a concubine to the Emperor and rarely left the harem. Like Abraham Lincoln she was self-taught and not only was able to seize power in China without any male advisor or patron, but she ruled as well as any world leader. In her later years she was pushing her country too fast and far, and the Western Powers had caused much domestic difficulty and to maintain power, she had to ally with the anti-West Boxers causing her reputation amongst Westerners to sink dramatically and thereafter was never much acknowledged for her remarkable political skills and accomplishments.


Wade was urging the Prince to abolish the Death by 1000 Cuts {641825} and simply rely on beheading the form of execution for “lesser” crimes. Note that the Prince’s fears and arguments parallel the same given by modern proponents of the Death Penalty—without it criminals would not be controlled and instability would ensue.


China, which had been one of the strongest and most modern nations in the world for 1000 years had lapsed into decay and though a huge nation, rich in resources, with more people than any other had been eclipsed by Japan, America and Europe. Cixi was determined to remedy that, and to a great extent started China on the road to modernization which would take over 100 years more.


Zhou , Deng and other Chinese senior leaders carefully studied failures of 200th Century Communist nation economies from Russia to North Korea, and observed the successes of not only the United States and Western Europe, but South= Korea and Thailand å well and decided to transform to a capitalist style market and competitive economy. Zhou organized a cruse on which they invited Western economists and political economists to advise on how to make the transformation. Th Chinese took many of the Western ideas, placed them into a Chinese context, added some ideas of their own and proceeded ahead with the largest and most seectaculkar economic transformation and development in World history.


Henry Paulson
Henry Paulson
  • Born: March 28, 1946
  • Nationality: American
  • Profession: Public Servant

Henry Merritt "Hank" Paulson Jr. is an American banker who served as the 74th United States Secretary of the Treasury from 2006 to 2009. Prior to his role in the Department of the Treasury, Paulson was the chairman and chief executive officer (CEO) of Goldman Sachs.