Greetings Economists,
On Sep 11, 2007, at 12:08 PM, Doug Henwood wrote:

But the people tagged as "Islamofascists" aren't the real rivals of
the U.S. now - they're mostly marginal and weak. Why should they be
demonized, and not, say, the Chinese, who are actual rivals for
resources and ultimately power?

Doyle;
Bush started out with some edgy purposes against the Chinese with the
plane incident.  But backed off.  Perhaps the economic interests are
strong enough to matter in who gets demonized.  The Soviets were
hermetically sealed off.  The risks of demonization against a phantom
enemy seems related to military production needs, not real conflict
with China or any other serious nuclear power.

LP writes;
I am not sure how much of a rival China is at this point, especially
after Marty Hart-Landsberg's posting yesterday. Frankly, there is a lot
of "ideology" about the Chinese economic threat but I think that amounts
to Freudian projection more than anything else.

Doyle;
That didn't prevent WWI or WWII as big power rivalries.  It seems to me
big wars are obviously out of bounds with a continuing economy and
nuclear war ending that.  Even Bush backs off.
thanks,
Doyle Saylor

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