“The problem for China is political. China is held together by money, not ideology. When there is an economic downturn and the money stops rolling in, not only will the banking system spasm, but the entire fabric of Chinese society will shudder. Loyalty in China is either bought or coerced. Without available money, only coercion remains. Business slowdowns can generally lead to instability because they lead to business failure and unemployment. In a country where poverty is endemic and unemployment widespread, the added pressure of an economic downturn will result in political instability.”
Source: The Next 100 Years: A Forecast for the 21st Century (2009), p. 96
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George Friedman 25
American businessman and political scientist 1949Related quotes
We Want to Build a New China
On New Democracy (1940)
Original: (zh-CN) 我们共产党人，多年以来，不但为中国的政治革命和经济革命而奋斗，而且为中国的文化革命而奋斗；一切这些的目的，在于建设一个中华民族的新社会和新国家。在这个新社会和新国家中，不但有新政治、新经济，而且有新文化。这就是说，我们不但要把一个政治上受压迫、经济上受剥削的中国，变为一个政治上自由和经济上繁荣的中国，而且要把一个被旧文化统治因而愚昧落后的中国，变为一个被新文化统治因而文明先进的中国。一句话，我们要建立一个新中国。建立中华民族的新文化，这就是我们在文化领域中的目的。
Zhang Zhijun (2016) cited in " China closes door on independence-espousing firms http://www.taipeitimes.com/News/taiwan/archives/2016/12/03/2003660482" on Taipei Times, 3 December 2016.
Source: Opportunities in China at the Age of Innovation https://ecorner.stanford.edu/in-brief/opportunities-in-china-at-the-age-of-innovation/,Stanford eCorner(2009-09-23).
[China Could Become the Lab Meat Capital of the World, August 26, 2018, LiveKindly, https://www.livekindly.co/china-lab-meat-capital-world/]
Address at the opening of courses at the University of Leiden (2004), as quoted in "Islamic Europe?" http://web.archive.org/web/20041010004408/http://www.theweeklystandard.com:80/Content/Public/Articles/000/000/004/685ozxcq.asp (4 October 2004), by Christopher Caldwell, The Weekly Standard
2000s
“Money is only a tool in business.”
Source: My Life and Work (1922), p. 157
Context: Money is only a tool in business. It is just a part of the machinery. You might as well borrow 100,000 lathes as $100,000 if the trouble is inside your business. More lathes will not cure it; neither will more money. Only heavier doses of brains and thought and wise courage can cure. A business that misuses what it has will continue to misuse what it can get.
Source: In Defense of Chaos: The Chaology of Politics, Economics and Human Action, (2013), p. 301
As quoted in "Opinion: Corruption as China's top priority" http://edition.cnn.com/2013/01/06/world/asia/florcruz-china-corruption in cnn.com (7 January 2013).
