Achieving economic freedom
Further to Nathan Novak’s identification of the Chinese political economy as fascist due to the heavy involvement of the Chinese Communist Party within firms in strategically important industries (“Who won China’s war on fascism?” Sept. 8, page 8), it is understandable that President Ma Ying-jeou’s (馬英九) signing of the Economic Cooperation Framework Agreement (ECFA) was widely seen among supporters of Taiwanese sovereignty as a mistaken, if not disingenuous, attempt to diffuse the very real threat to Taiwanese freedom posed by that very salient aspect of Chinese fascism — Chinese nationalism.
Yet I would suggest that Novak’s point about the economic and financial aspect of fascism, and on which I myself have written before, may itself be one on which any successful defense of Taiwanese freedom will pivot.
Allow me to delineate the context for this hypothesis. The looming sovereign debt crises in the US and the EU together with worries about the continuing viability of the US dollar mean that the greater part of serious economic activity in China is more, not less, vulnerable to economic shocks such as that experienced in 2008.
In addition, large Taiwanese electronics firms, in spite of their wealth of engineering assets, continue to strain their eyes in the hope they can maintain their tight profit margins with the flogging of high-end electronic goods such as televisions and smartphones. A further problem in both China and Taiwan is that of natural disasters — a problem which is compounded by government incompetence at satisfying the immediate and urgent spike in demand for utilities.
Should a group of Taiwanese entrepreneurs put themselves in a position to tap some of those engineering assets from the larger firms in order to produce small and network-independent solutions to the universal problems of procuring clean water and acquiring reliable electricity, then they may find themselves in a position of much greater strategic importance than simply offering relief to poor people hit by disaster.
It takes only a little vision to see how the commercial development of nano-scale water filters or of radioisotope thermoelectric batteries, for example, could render obsolete the old idea of centralized utility networks under effective state control. And it takes only a little more vision to see very much further than that.
Not only might the potential market demand for such products far exceed that of luxuries like smartphones and TV and computer monitors, but alongside an even more severe global economic meltdown, such enterprises could help the Chinese people themselves to begin to put the government in Beijing and many of its despicable corporate hang-ons out of business for good.
Perhaps in considering a fresh perspective such as this, the opponents of ECFA may yet find it a help to the defense of Taiwanese sovereignty rather than a hindrance — and this quite irrespective of the intentions of the Chinese Nationalist Party (KMT). If only they could remove those anti-capitalist cataracts from their eyes.
Michael Fagan
Tainan
There is a modern roadway stretching from central Hargeisa, the capital of Somaliland in the Horn of Africa, to the partially recognized state’s Egal International Airport. Emblazoned on a gold plaque marking the road’s inauguration in July last year, just below the flags of Somaliland and the Republic of China (ROC), is the road’s official name: “Taiwan Avenue.” The first phase of construction of the upgraded road, with new sidewalks and a modern drainage system to reduce flooding, was 70 percent funded by Taipei, which contributed US$1.85 million. That is a relatively modest sum for the effect on international perception, and
At the end of last year, a diplomatic development with consequences reaching well beyond the regional level emerged. Israeli Prime Minister Benjamin Netanyahu declared Israel’s recognition of Somaliland as a sovereign state, paving the way for political, economic and strategic cooperation with the African nation. The diplomatic breakthrough yields, above all, substantial and tangible benefits for the two countries, enhancing Somaliland’s international posture, with a state prepared to champion its bid for broader legitimacy. With Israel’s support, Somaliland might also benefit from the expertise of Israeli companies in fields such as mineral exploration and water management, as underscored by Israeli Minister of
When former president Tsai Ing-wen (蔡英文) first took office in 2016, she set ambitious goals for remaking the energy mix in Taiwan. At the core of this effort was a significant expansion of the percentage of renewable energy generated to keep pace with growing domestic and global demands to reduce emissions. This effort met with broad bipartisan support as all three major parties placed expanding renewable energy at the center of their energy platforms. However, over the past several years partisanship has become a major headwind in realizing a set of energy goals that all three parties profess to want. Tsai
Chile has elected a new government that has the opportunity to take a fresh look at some key aspects of foreign economic policy, mainly a greater focus on Asia, including Taiwan. Still, in the great scheme of things, Chile is a small nation in Latin America, compared with giants such as Brazil and Mexico, or other major markets such as Colombia and Argentina. So why should Taiwan pay much attention to the new administration? Because the victory of Chilean president-elect Jose Antonio Kast, a right-of-center politician, can be seen as confirming that the continent is undergoing one of its periodic political shifts,
RSS