The “China fantasy” was based more on hope than experience, but the benefit of recent experiences with state capitalism is the chance to replace hope with prudence.
Also On This Site: Are we headed toward 19th century geo-politics?: Obama’s Decision On Missile Defense And A Quote From Robert Kagan’s: ‘The Return Of History And The End Of Dreams’ From Foreign Affairs: ‘The Geography Of Chinese Power’
Do we try and invest in global institutions as flawed as they are?: Daniel Deudney On YouTube Responding to Robert Kagan: Liberal Democracy Vs. Autocracy
See James Fallows’ Atlantic Monthly site.