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“Multiculturalism is in its essence anti-European civilization. It is basically an anti-Western ideology.”
― The Clash of Civilizations and the Remaking of World Order
― The Clash of Civilizations and the Remaking of World Order
“America's core culture has been and, at the moment, is still primarily the culture of seventeenth- and eighteenth-century settlers who founded American society. The central elements of that culture can be defined in a variety of ways but include the Christian religion, Protestant values and moralism, a work ethic, the English language, British traditions of law, justice, and the limits of government power, and a legacy of European art, literature, philosophy, and music.”
― Who Are We?: The Challenges to America's National Identity
― Who Are We?: The Challenges to America's National Identity
“There are at least three ways in which bubbles can be useful. First, the bubble may facilitate innovation and encourage more people to become entrepreneurs, which ultimately feeds into future economic growth.9 Second, the new technology developed by bubble companies may help stimulate future innovations, and bubble companies may themselves use the technology developed during the bubble to move into a different industry. Third, bubbles may provide capital for technological projects that would not be financed to the same extent in a fully efficient financial market. Many historical bubbles have been associated with transformative technologies, such as railways, bicycles, automobiles, fibre optics and the Internet. William Janeway, who was a highly successful venture capitalist during the Dot-Com Bubble, argues that several economically beneficial technologies would not have been developed without the assistance of bubbles.10”
― Boom and Bust: A Global History of Financial Bubbles
― Boom and Bust: A Global History of Financial Bubbles
“In polite company in Washington and Silicon Valley, it was easier simply to repeat words like multilateralism, globalization, and innovation, concepts that were too vacuous to offend anyone in a position of power. The chip industry itself—deeply fearful of angering China or TSMC—put its considerable lobbying resources behind repeating false platitudes about how “global” the industry had become. These concepts fit naturally with the liberal internationalist ethos that guided officials of both political parties amid America’s unipolar moment. Meetings with foreign companies and governments were more pleasant when everyone pretended that cooperation was win-win. So Washington kept telling itself that the U.S. was running faster, blindly ignoring the deterioration in the U.S. position, the rise in China’s capabilities, and the staggering reliance on Taiwan and South Korea, which grew more conspicuous every year.”
― Chip War: The Fight for the World's Most Critical Technology
― Chip War: The Fight for the World's Most Critical Technology
“You know as well as we do that right is a question that only has meaning in relations between equals in power. In the real world, the strong do what they will and the weak suffer what they must.”
― Destined For War: Can America and China Escape Thucydides's Trap?—A Critical Examination of Historical Patterns Leading to War Between Great Powers
― Destined For War: Can America and China Escape Thucydides's Trap?—A Critical Examination of Historical Patterns Leading to War Between Great Powers
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