Six decades ago, as Mao's Communists seized power, the question in Washington was, 'Who lost China?' Now, as his capitalist descendants stand astride the world stage and Washington worries about decline, it seems to be, 'Who lost America?'
Eric LiuLike the 'little emperors' of one-child China, too many Boomers were taught early that the world was made (or saved) for their comfort and enjoyment. They behaved accordingly, with a self-indulgence that was wholly rational, given their situation.
Eric LiuMuch of our national debate proceeds as if China and America were locked in a zero-sum game in which one's loss is precisely the other's gain.
Eric LiuA basic assumption shapes most Americansโ mindset about labor: the belief that the death of unions isnโt my problem because Iโm not in a union. That assumption is wrong. Even if you arenโt a member, your pay is influenced by the strength or weakness of organized labor. The presence of unions sets off a wage race to the top. Their absence sets off a race to the bottom.
Eric Liu