{"id":1779,"date":"2008-10-25T19:09:46","date_gmt":"2008-10-25T17:09:46","guid":{"rendered":"https:\/\/english.martinvarsavsky.net\/?p=1779"},"modified":"2008-10-25T23:00:20","modified_gmt":"2008-10-25T21:00:20","slug":"the-capitalists-nationalize-while-the-communists-fix-global-markets","status":"publish","type":"post","link":"https:\/\/english.martinvarsavsky.net\/?p=1779","title":{"rendered":"The capitalists nationalize while the communists fix global markets"},"content":{"rendered":"<div class=\"zemanta-img zemanta-action-click\">\n<div style=\"width: 212px\" class=\"wp-caption alignright\"><a href=\"http:\/\/commons.wikipedia.org\/wiki\/Image:National_People%27s_Congress.JPG\"><img loading=\"lazy\" decoding=\"async\" title=\"Great Hall of the People by day\" src=\"http:\/\/upload.wikimedia.org\/wikipedia\/commons\/thumb\/9\/99\/National_People%27s_Congress.JPG\/202px-National_People%27s_Congress.JPG\" alt=\"Great Hall of the People by day\" width=\"202\" height=\"152\" \/><\/a><p class=\"wp-caption-text\">Image via Wikipedia<\/p><\/div>\n<\/div>\n<p>I am following the <a href=\"http:\/\/news.bbc.co.uk\/2\/hi\/uk_news\/politics\/7690666.stm\">Asia\/Europe meeting<\/a> with great interest.  This is what the UK Foreign Secretary <a class=\"zem_slink\" title=\"David Miliband\" rel=\"wikipedia\" href=\"http:\/\/en.wikipedia.org\/wiki\/David_Miliband\">David Miliband<\/a> had to say:<\/p>\n<p><em>&#8216;I don&#8217;t think it&#8217;s just the fact that we are meeting in The Great Hall of the People and we listened to the <a class=\"zem_slink\" title=\"General Secretary of the Communist Party of China\" rel=\"wikipedia\" href=\"http:\/\/en.wikipedia.org\/wiki\/General_Secretary_of_the_Communist_Party_of_China\">general secretary of the Chinese Communist Party<\/a> talking about the need to prop up global capital markets that brings home to one that there is this big shift in economic power.&#8221; <\/em><\/p>\n<p>Brutal paradoxes these days.  While the Bush administration nationalizes banks, the &#8220;communists&#8221; lead <a href=\"http:\/\/news.yahoo.com\/s\/afp\/20081025\/ts_afp\/financeeconomyworld;_ylt=AqN5CrZmL7VFjLRZ8cxVRSKyBhIF\">the way<\/a> to save global financial markets.<\/p>\n<p>I end this commentary with one of the <a href=\"http:\/\/www.huffingtonpost.com\/keith-blanchard\/the-next-great-depression_b_137551.html\">most depressing posts<\/a> about the state of the union I read in a long time.<\/p>\n<div class=\"zemanta-pixie\" style=\"margin-top: 10px; height: 15px;\"><a class=\"zemanta-pixie-a\" title=\"Zemified by Zemanta\" href=\"http:\/\/reblog.zemanta.com\/zemified\/12f581e2-f8c1-43f8-877c-6d80bb2929f7\/\"><img decoding=\"async\" class=\"zemanta-pixie-img\" style=\"border: medium none ; float: right;\" src=\"http:\/\/img.zemanta.com\/reblog_e.png?x-id=12f581e2-f8c1-43f8-877c-6d80bb2929f7\" alt=\"Reblog this post [with Zemanta]\" \/><\/a><\/div>\n<div id=\"mainphotoarea\"><\/div><div class=\"theme-buttons\"><div class=\"fb-like\" data-href=\"https:\/\/english.martinvarsavsky.net\/?p=1779\" data-send=\"false\" data-layout=\"box_count\" data-width=\"71\" data-show-faces=\"false\" data-font=\"arial\" data-locale=\"en_US\"><\/div><\/div>","protected":false},"excerpt":{"rendered":"<p>I am following the Asia\/Europe meeting with great interest. This is what the UK Foreign Secretary David Miliband had to say: &#8216;I don&#8217;t think it&#8217;s just the fact that we are meeting in The Great Hall of the People and we listened to the general secretary of the Chinese Communist Party talking about the need [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[9],"tags":[60],"class_list":["post-1779","post","type-post","status-publish","format-standard","hentry","category-international","tag-capitalism-communism-china-usa-europe"],"aioseo_notices":[],"aioseo_head":"\n\t\t<!-- All in One SEO 5.0.3 - aioseo.com -->\n\t<meta name=\"robots\" content=\"max-image-preview:large\" \/>\n\t<meta name=\"author\" content=\"Martin Varsavsky\"\/>\n\t<link rel=\"canonical\" href=\"https:\/\/english.martinvarsavsky.net\/?p=1779\" \/>\n\t\t<meta name=\"generator\" content=\"All in One SEO (AIOSEO) 5.0.3\" \/>\n\t\t<meta property=\"og:locale\" content=\"en_US\" \/>\n\t\t<meta property=\"og:site_name\" content=\"Martin Varsavsky in English\" \/>\n\t\t<meta property=\"og:type\" content=\"article\" \/>\n\t\t<meta property=\"og:title\" content=\"The capitalists nationalize while the communists fix global markets | Martin Varsavsky | English\" \/>\n\t\t<meta property=\"og:url\" content=\"https:\/\/english.martinvarsavsky.net\/?p=1779\" \/>\n\t\t<meta property=\"fb:admins\" content=\"515831296\" \/>\n\t\t<meta property=\"og:image\" content=\"https:\/\/upload.wikimedia.org\/wikipedia\/commons\/thumb\/9\/99\/National_People%27s_Congress.JPG\/202px-National_People%27s_Congress.JPG\" \/>\n\t\t<meta property=\"og:image:secure_url\" content=\"https:\/\/upload.wikimedia.org\/wikipedia\/commons\/thumb\/9\/99\/National_People%27s_Congress.JPG\/202px-National_People%27s_Congress.JPG\" \/>\n\t\t<meta property=\"article:published_time\" content=\"2008-10-25T17:09:46+00:00\" \/>\n\t\t<meta property=\"article:modified_time\" content=\"2008-10-25T21:00:20+00:00\" \/>\n\t\t<meta name=\"twitter:card\" content=\"summary\" \/>\n\t\t<meta name=\"twitter:title\" content=\"The capitalists nationalize while the communists fix global markets | Martin Varsavsky | English\" \/>\n\t\t<meta name=\"twitter:image\" content=\"http:\/\/upload.wikimedia.org\/wikipedia\/commons\/thumb\/9\/99\/National_People%27s_Congress.JPG\/202px-National_People%27s_Congress.JPG\" \/>\n\t\t<script type=\"application\/ld+json\" class=\"aioseo-schema\">\n\t\t\t{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/english.martinvarsavsky.net\\\/?p=1779#article\",\"name\":\"The capitalists nationalize while the communists fix global markets | Martin Varsavsky | English\",\"headline\":\"The capitalists nationalize while the communists fix global markets\",\"author\":{\"@id\":\"https:\\\/\\\/english.martinvarsavsky.net\\\/?author=2#author\"},\"publisher\":{\"@id\":\"https:\\\/\\\/english.martinvarsavsky.net\\\/#organization\"},\"image\":{\"@type\":\"ImageObject\",\"url\":\"http:\\\/\\\/upload.wikimedia.org\\\/wikipedia\\\/commons\\\/thumb\\\/9\\\/99\\\/National_People%27s_Congress.JPG\\\/202px-National_People%27s_Congress.JPG\",\"@id\":\"https:\\\/\\\/english.martinvarsavsky.net\\\/?p=1779\\\/#articleImage\"},\"datePublished\":\"2008-10-25T19:09:46+02:00\",\"dateModified\":\"2008-10-25T23:00:20+02:00\",\"inLanguage\":\"en-US\",\"commentCount\":13,\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/english.martinvarsavsky.net\\\/?p=1779#webpage\"},\"isPartOf\":{\"@id\":\"https:\\\/\\\/english.martinvarsavsky.net\\\/?p=1779#webpage\"},\"articleSection\":\"International, capitalism communism china usa europe\"},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\\\/\\\/english.martinvarsavsky.net\\\/?p=1779#breadcrumblist\",\"itemListElement\":[{\"@type\":\"ListItem\",\"@id\":\"https:\\\/\\\/english.martinvarsavsky.net\\\/#listItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\\\/\\\/english.martinvarsavsky.net\\\/\",\"nextItem\":{\"@type\":\"ListItem\",\"@id\":\"https:\\\/\\\/english.martinvarsavsky.net\\\/?cat=9#listItem\",\"name\":\"International\"}},{\"@type\":\"ListItem\",\"@id\":\"https:\\\/\\\/english.martinvarsavsky.net\\\/?cat=9#listItem\",\"position\":2,\"name\":\"International\",\"item\":\"https:\\\/\\\/english.martinvarsavsky.net\\\/?cat=9\",\"nextItem\":{\"@type\":\"ListItem\",\"@id\":\"https:\\\/\\\/english.martinvarsavsky.net\\\/?p=1779#listItem\",\"name\":\"The capitalists nationalize while the communists fix global markets\"},\"previousItem\":{\"@type\":\"ListItem\",\"@id\":\"https:\\\/\\\/english.martinvarsavsky.net\\\/#listItem\",\"name\":\"Home\"}},{\"@type\":\"ListItem\",\"@id\":\"https:\\\/\\\/english.martinvarsavsky.net\\\/?p=1779#listItem\",\"position\":3,\"name\":\"The capitalists nationalize while the communists fix global markets\",\"previousItem\":{\"@type\":\"ListItem\",\"@id\":\"https:\\\/\\\/english.martinvarsavsky.net\\\/?cat=9#listItem\",\"name\":\"International\"}}]},{\"@type\":\"Organization\",\"@id\":\"https:\\\/\\\/english.martinvarsavsky.net\\\/#organization\",\"name\":\"Martin Varsavsky | English\",\"description\":\"Blog of an entrepreneur\",\"url\":\"https:\\\/\\\/english.martinvarsavsky.net\\\/\"},{\"@type\":\"Person\",\"@id\":\"https:\\\/\\\/english.martinvarsavsky.net\\\/?author=2#author\",\"url\":\"https:\\\/\\\/english.martinvarsavsky.net\\\/?author=2\",\"name\":\"Martin Varsavsky\",\"image\":{\"@type\":\"ImageObject\",\"@id\":\"https:\\\/\\\/english.martinvarsavsky.net\\\/?p=1779#authorImage\",\"url\":\"https:\\\/\\\/secure.gravatar.com\\\/avatar\\\/ed582d6085df9ec1b78e3754acc2047ea528df227310999097c75ae44a3a786c?s=96&d=mm&r=g\",\"width\":96,\"height\":96,\"caption\":\"Martin Varsavsky\"}},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/english.martinvarsavsky.net\\\/?p=1779#webpage\",\"url\":\"https:\\\/\\\/english.martinvarsavsky.net\\\/?p=1779\",\"name\":\"The capitalists nationalize while the communists fix global markets | Martin Varsavsky | English\",\"inLanguage\":\"en-US\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/english.martinvarsavsky.net\\\/#website\"},\"breadcrumb\":{\"@id\":\"https:\\\/\\\/english.martinvarsavsky.net\\\/?p=1779#breadcrumblist\"},\"author\":{\"@id\":\"https:\\\/\\\/english.martinvarsavsky.net\\\/?author=2#author\"},\"creator\":{\"@id\":\"https:\\\/\\\/english.martinvarsavsky.net\\\/?author=2#author\"},\"datePublished\":\"2008-10-25T19:09:46+02:00\",\"dateModified\":\"2008-10-25T23:00:20+02:00\"},{\"@type\":\"WebSite\",\"@id\":\"https:\\\/\\\/english.martinvarsavsky.net\\\/#website\",\"url\":\"https:\\\/\\\/english.martinvarsavsky.net\\\/\",\"name\":\"Martin Varsavsky | English\",\"description\":\"Blog of an entrepreneur\",\"inLanguage\":\"en-US\",\"publisher\":{\"@id\":\"https:\\\/\\\/english.martinvarsavsky.net\\\/#organization\"}}]}\n\t\t<\/script>\n\t\t<!-- All in One SEO -->\n\n","aioseo_head_json":{"title":"The capitalists nationalize while the communists fix global markets | Martin Varsavsky | English","description":"","canonical_url":"https:\/\/english.martinvarsavsky.net\/?p=1779","robots":"max-image-preview:large","keywords":"","webmasterTools":{"miscellaneous":""},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/english.martinvarsavsky.net\/?p=1779#article","name":"The capitalists nationalize while the communists fix global markets | Martin Varsavsky | English","headline":"The capitalists nationalize while the communists fix global markets","author":{"@id":"https:\/\/english.martinvarsavsky.net\/?author=2#author"},"publisher":{"@id":"https:\/\/english.martinvarsavsky.net\/#organization"},"image":{"@type":"ImageObject","url":"http:\/\/upload.wikimedia.org\/wikipedia\/commons\/thumb\/9\/99\/National_People%27s_Congress.JPG\/202px-National_People%27s_Congress.JPG","@id":"https:\/\/english.martinvarsavsky.net\/?p=1779\/#articleImage"},"datePublished":"2008-10-25T19:09:46+02:00","dateModified":"2008-10-25T23:00:20+02:00","inLanguage":"en-US","commentCount":13,"mainEntityOfPage":{"@id":"https:\/\/english.martinvarsavsky.net\/?p=1779#webpage"},"isPartOf":{"@id":"https:\/\/english.martinvarsavsky.net\/?p=1779#webpage"},"articleSection":"International, capitalism communism china usa europe"},{"@type":"BreadcrumbList","@id":"https:\/\/english.martinvarsavsky.net\/?p=1779#breadcrumblist","itemListElement":[{"@type":"ListItem","@id":"https:\/\/english.martinvarsavsky.net\/#listItem","position":1,"name":"Home","item":"https:\/\/english.martinvarsavsky.net\/","nextItem":{"@type":"ListItem","@id":"https:\/\/english.martinvarsavsky.net\/?cat=9#listItem","name":"International"}},{"@type":"ListItem","@id":"https:\/\/english.martinvarsavsky.net\/?cat=9#listItem","position":2,"name":"International","item":"https:\/\/english.martinvarsavsky.net\/?cat=9","nextItem":{"@type":"ListItem","@id":"https:\/\/english.martinvarsavsky.net\/?p=1779#listItem","name":"The capitalists nationalize while the communists fix global markets"},"previousItem":{"@type":"ListItem","@id":"https:\/\/english.martinvarsavsky.net\/#listItem","name":"Home"}},{"@type":"ListItem","@id":"https:\/\/english.martinvarsavsky.net\/?p=1779#listItem","position":3,"name":"The capitalists nationalize while the communists fix global markets","previousItem":{"@type":"ListItem","@id":"https:\/\/english.martinvarsavsky.net\/?cat=9#listItem","name":"International"}}]},{"@type":"Organization","@id":"https:\/\/english.martinvarsavsky.net\/#organization","name":"Martin Varsavsky | English","description":"Blog of an entrepreneur","url":"https:\/\/english.martinvarsavsky.net\/"},{"@type":"Person","@id":"https:\/\/english.martinvarsavsky.net\/?author=2#author","url":"https:\/\/english.martinvarsavsky.net\/?author=2","name":"Martin Varsavsky","image":{"@type":"ImageObject","@id":"https:\/\/english.martinvarsavsky.net\/?p=1779#authorImage","url":"https:\/\/secure.gravatar.com\/avatar\/ed582d6085df9ec1b78e3754acc2047ea528df227310999097c75ae44a3a786c?s=96&d=mm&r=g","width":96,"height":96,"caption":"Martin Varsavsky"}},{"@type":"WebPage","@id":"https:\/\/english.martinvarsavsky.net\/?p=1779#webpage","url":"https:\/\/english.martinvarsavsky.net\/?p=1779","name":"The capitalists nationalize while the communists fix global markets | Martin Varsavsky | English","inLanguage":"en-US","isPartOf":{"@id":"https:\/\/english.martinvarsavsky.net\/#website"},"breadcrumb":{"@id":"https:\/\/english.martinvarsavsky.net\/?p=1779#breadcrumblist"},"author":{"@id":"https:\/\/english.martinvarsavsky.net\/?author=2#author"},"creator":{"@id":"https:\/\/english.martinvarsavsky.net\/?author=2#author"},"datePublished":"2008-10-25T19:09:46+02:00","dateModified":"2008-10-25T23:00:20+02:00"},{"@type":"WebSite","@id":"https:\/\/english.martinvarsavsky.net\/#website","url":"https:\/\/english.martinvarsavsky.net\/","name":"Martin Varsavsky | English","description":"Blog of an entrepreneur","inLanguage":"en-US","publisher":{"@id":"https:\/\/english.martinvarsavsky.net\/#organization"}}]},"og:locale":"en_US","og:site_name":"Martin Varsavsky in English","og:type":"article","og:title":"The capitalists nationalize while the communists fix global markets | Martin Varsavsky | English","og:url":"https:\/\/english.martinvarsavsky.net\/?p=1779","fb:admins":"515831296","og:image":"https:\/\/upload.wikimedia.org\/wikipedia\/commons\/thumb\/9\/99\/National_People%27s_Congress.JPG\/202px-National_People%27s_Congress.JPG","og:image:secure_url":"https:\/\/upload.wikimedia.org\/wikipedia\/commons\/thumb\/9\/99\/National_People%27s_Congress.JPG\/202px-National_People%27s_Congress.JPG","article:published_time":"2008-10-25T17:09:46+00:00","article:modified_time":"2008-10-25T21:00:20+00:00","twitter:card":"summary","twitter:title":"The capitalists nationalize while the communists fix global markets | Martin Varsavsky | English","twitter:image":"http:\/\/upload.wikimedia.org\/wikipedia\/commons\/thumb\/9\/99\/National_People%27s_Congress.JPG\/202px-National_People%27s_Congress.JPG"},"aioseo_meta_data":{"post_id":"1779","title":null,"description":null,"keywords":null,"keyphrases":null,"canonical_url":null,"og_title":null,"og_description":null,"og_object_type":"default","og_image_type":"default","og_image_url":null,"og_image_width":null,"og_image_height":null,"og_image_custom_url":null,"og_image_custom_fields":null,"og_video":null,"og_custom_url":null,"og_article_section":null,"og_article_tags":null,"twitter_use_og":false,"twitter_card":"default","twitter_image_type":"default","twitter_image_url":null,"twitter_image_custom_url":null,"twitter_image_custom_fields":null,"twitter_title":null,"twitter_description":null,"schema_type":null,"schema_type_options":null,"pillar_content":false,"robots_default":true,"robots_noindex":false,"robots_noarchive":false,"robots_nosnippet":false,"robots_nofollow":false,"robots_noimageindex":false,"robots_noodp":false,"robots_notranslate":false,"robots_max_snippet":null,"robots_max_videopreview":null,"robots_max_imagepreview":"large","priority":null,"frequency":null,"local_seo":null,"limit_modified_date":false,"created":"2020-12-29 10:41:15","updated":"2026-10-21 00:17:53","focus_keyword":null,"additional_keywords":null,"truseo_locale":null,"primary_term":null,"schema":{"blockGraphs":[],"customGraphs":[],"default":{"data":{"Article":[],"Course":[],"Dataset":[],"FAQPage":[],"Movie":[],"Person":[],"Product":[],"ProductReview":[],"Car":[],"Recipe":[],"Service":[],"SoftwareApplication":[],"WebPage":[]},"graphName":"Article","isEnabled":true},"graphs":[]},"ai":null,"breadcrumb_settings":null,"seo_analyzer_scan_date":null},"aioseo_breadcrumb":"<div class=\"aioseo-breadcrumbs\"><span class=\"aioseo-breadcrumb\">\n\t\t\t<a href=\"https:\/\/english.martinvarsavsky.net\/\" title=\"Home\">Home<\/a>\n\t\t<\/span><span class=\"aioseo-breadcrumb-separator\">\u00bb<\/span><span class=\"aioseo-breadcrumb\">\n\t\t\t<a href=\"https:\/\/english.martinvarsavsky.net\/?cat=9\" title=\"International\">International<\/a>\n\t\t<\/span><span class=\"aioseo-breadcrumb-separator\">\u00bb<\/span><span class=\"aioseo-breadcrumb\">\n\t\t\tThe capitalists nationalize while the communists fix global markets\n\t\t<\/span><\/div>","aioseo_breadcrumb_json":[{"label":"Home","link":"https:\/\/english.martinvarsavsky.net\/"},{"label":"International","link":"https:\/\/english.martinvarsavsky.net\/?cat=9"},{"label":"The capitalists nationalize while the communists fix global markets","link":"https:\/\/english.martinvarsavsky.net\/?p=1779"}],"_links":{"self":[{"href":"https:\/\/english.martinvarsavsky.net\/index.php?rest_route=\/wp\/v2\/posts\/1779","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/english.martinvarsavsky.net\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/english.martinvarsavsky.net\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/english.martinvarsavsky.net\/index.php?rest_route=\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/english.martinvarsavsky.net\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=1779"}],"version-history":[{"count":0,"href":"https:\/\/english.martinvarsavsky.net\/index.php?rest_route=\/wp\/v2\/posts\/1779\/revisions"}],"wp:attachment":[{"href":"https:\/\/english.martinvarsavsky.net\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=1779"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/english.martinvarsavsky.net\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=1779"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/english.martinvarsavsky.net\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=1779"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}