We are developing the social individualist meta-context for the future. From the very serious to the extremely frivolous... lets see what is on the mind of the Samizdata people.

Samizdata, derived from Samizdat /n. - a system of clandestine publication of banned literature in the USSR [Russ.,= self-publishing house]

We had to overturn our liberal democratic order in order to save it from being overturned

I did not see this coming: “South Korea’s president declares emergency martial law”, reports the BBC.

Yoon Suk Yeol, the South Korean president, is quoted as saying, “Our National Assembly has become a haven for criminals, a den of legislative dictatorship that seeks to paralyse the judicial and administrative systems and overturn our liberal democratic order.”

Sounds like projection to me.

Can anyone explain what is going on? Is there really any more of a threat from North Korea than there always is, or is it all to do with domestic politics?

Update: Lawmakers in South Korea vote to lift the martial law decree. The Guardian link says,

South Korea’s parliament, with 190 of its 300 members present, just passed a motion requiring the martial law declared by President Yoon Suk Yeol to be lifted.

All 190 lawmakers present voted to lift the measure, according to CNN.

Much depends on which 190 lawmakers were present. If the very fact that they were still in the parliament building after martial law was declared was because they they were from the opposition, President Yoon will dismiss it – although the 190 being an absolute majority of South Korea’s MPs does give their vote moral weight.

If it was a broad spread of MPs from several parties, this vote might mean the end of the coup. Either way, it is troubling to realise that a country that everyone thought was a stable democracy isn’t.

Did democracy stop being cool or something?

No Jews no news?

My lack of current knowledge on the area means I felt no need to weigh in, but it seems astonishing how little reportage there is regarding what’s been happening in Bangladesh for the last few weeks, very much a side issue it seems.

Singapore’s example

“In the Singaporean case, economic growth has proved to be an upshot of cultural values; it requires a critical mass of the population to hold a certain moral and political psychology, and a particular set of dispositions about enterprise and industry, risk, and change. Cultural values are sticky, and to change them, some moment of acute crisis, when it appears that the costs of continuing down a certain path are greater than shifting course, is required. Yet while crises are necessary for cultural change, they are not sufficient: they represent moments of maximal opportunity, though they must be exploited. And for this, skilled politicians with judgement and a strategy are required.”

James Vitali

Greenpeace claim a monumental win against the Filipino poor

The Observer is editorially independent from the Guardian, and sometimes it demonstrates that fact to good effect. Today’s edition included this article: “‘A catastrophe’: Greenpeace blocks planting of ‘lifesaving’ Golden Rice”.

Scientists have warned that a court decision to block the growing of the genetically modified (GM) crop golden rice in the Philippines could have catastrophic consequences. Tens of thousands of children could die in the wake of the ruling, they argue.

The Philippines had become the first country – in 2021 – to approve the commercial cultivation of golden rice, which was developed to combat vitamin-A deficiency, a major cause of disability and death among children in many parts of the world.

But campaigns by Greenpeace and local farmers last month persuaded the country’s court of appeal to overturn that approval and to revoke this. The groups had argued that golden rice had not been shown to be safe and the claim was backed by the court, a decision that was hailed as “a monumental win” by Greenpeace.

China calls in the loans

“‘In a lot of the world, the clock has hit midnight’: China is calling in loans to dozens of countries from Pakistan to Kenya”

– Bernard Condon and the Associated Press in a major article for Fortune magazine.

Here are some excerpts from the article that struck me:

In the past under such circumstances [debtor countries being unable to make interest payments], big government lenders such as the U.S., Japan and France would work out deals to forgive some debt, with each lender disclosing clearly what they were owed and on what terms so no one would feel cheated.

But China didn’t play by those rules. It refused at first to even join in multinational talks, negotiating separately with Zambia and insisting on confidentiality that barred the country from telling non-Chinese lenders the terms of the loans and whether China had devised a way of muscling to the front of the repayment line.

And

Along with the usual mix of government mismanagement and corruption are two unexpected and devastating events: the war in Ukraine, which has sent prices of grain and oil soaring, and the U.S. Federal Reserve’s decision to raise interest rates 10 times in a row, the latest this month. That has made variable rate loans to countries suddenly much more expensive.

All of it is roiling domestic politics and upending strategic alliances.

In March, heavily indebted Honduras cited “financial pressures” in its decision to establish formal diplomatic ties to China and sever those with Taiwan.

Last month, Pakistan was so desperate to prevent more blackouts that it struck a deal to buy discounted oil from Russia, breaking ranks with the U.S.-led effort to shut off Vladimir Putin’s funds.

And, which I did not expect, → Continue reading: China calls in the loans

Samizdata quote of the day

“The irony of Xi’s Ahab Quest is that Taiwan has never been a part of China. ‘China’ today is a recapitulation of the old Qing Empire (which, to add irony to irony, was not Chinese but Manchurian). Tibet, East Turkestan, Mongolia, and Manchuria are in no historical sense remotely ‘Chinese’. Ditto for Taiwan, in which Qing officialdom evinced only desultory interest until 1854, when American Commodore Matthew C. Perry, fresh from his gunboat-treaty journey to Japan, showed interest of his own.”

Jason Morgan, Spectator. Morgan says a Chinese attempted conquest of Taiwan, and war with neighbours, such as Japan, and the US, is inevitable.

How’s going green working out for you, Sri Lanka?

Reported a few minutes ago by the Times of India: Breaking News Live: Sri Lanka President Gotabaya Rajapaksa flees as protesters storm residence

The mob breaking into his palace does not necessarily mean that a president becomes an ex-president. But that’s the way to bet. Other leaders might like to note how this came about:

What a difference a year makes: the green dream dies in Sri Lanka

UPDATE: Some reports say that (now almost certainly ex-) president Rajapaksa has been seen at Colombo airport. Meanwhile, fancy a dip in the presidential pool?

What a difference a year makes: the green dream dies in Sri Lanka

April 2021:

“Sri Lanka will become first country to be free of chemical fertilizer”, the Sri Lankan news website News First reported:

COLOMBO (News 1st); President Gotabhaya Rajapaksa has stated that he will take up the challenge in making Sri Lanka the first country in the world to eliminate the use of chemical fertilizers without reversing any of the steps that have been taken.

The absence of any country in the world that has eliminated the use of chemical fertilizers is not an obstacle to achieving the goal, President Rajapaksa noted.

The President urged all to unite to educate the farmer and create a healthy generation at a discussion held at the Presidential Secretariat on Thursday (29) to raise awareness on the use of chemical fertilizers, pesticides and herbicides and the ban on such imports.

“The government must guarantee the right of the people to a non-toxic diet to produce a healthy and productive citizen,” said the President.

April 2022:

“How Sri Lanka’s shift to organic farming left it in the manure,” reports the Times:

What turned Sri Lanka’s economic situation from difficult to catastrophic was the decision by the Rajapaksa government to implement a nationwide ban on synthetic fertiliser. It was made not at the behest of neoliberal economists doing the bidding of global capital, but rather on the advice of environmentalists in the name of sustainable agriculture.

[…]

But that strategy backfired in spectacular fashion. Domestic rice production fell by 14 per cent from 2021 to 2022, forcing the nation, long self-sufficient in rice production, to import hundreds of millions of dollars of rice and more than eroding all of the savings from ceasing fertiliser imports. On top of that, the ban decimated tea production, leading to a $425 million economic loss to the industry in its first six months of implementation. Tea, one of the nation’s primary crops, is a key source of its total export income, making a bad foreign exchange situation far worse.

Turkey – circling the drain with a gold grab

Little noticed in the UK media, reports from a financial vlogger Joe Blogs (that is his handle) on Turkey tells us that the government is ‘asking’ citizens to hand over their gold and foreign currency, at a time of 50% inflation, but citizens will get Lira in return.  There are 30,000 gold shops in Turkey and five major refineries. Do not worry that Erdogan is a (not so) covert Islamist, he is first and foremost a Keynesian.

The Turkish government is not simply standing by and watching as the Lira inflates away, the government has cut tax on food from 8% to 1%, and this in the context of a currency crisis, the lira falling 44% in 2021 against foreign currencies. So they know that cutting taxes eases burdens on people. Unfortunately, Atatürk’s doctrine of ‘statism‘ lingers, with lots of Turks employed by the State.

Meanwhile, the Turkish Finance Minister has been in the UK and reported had a ‘fantastic‘ meeting with potential investors. And the goverment is determined to keep on down this path, telling the private banks to step up their efforts to help by handing over foreign currency deposits. (Doubtless this is all voluntary).

Here is a graph of recent Turkish inflation rates. Are we going to be seeing a ‘crack-up boom’ in real time any week now? Turkey is reportedly informally dollarising, with over 50% of transactions in Turkey in dollars (Why not the Euro?).

I can’t help thinking that in the UK, the government is looking at Turkey with envious eyes, dreaming of taking steps to inflate away what remains of our prosperity and to seize our assets.

And it is not all bad from the Turkish government, they have changed the name of the country in a re-branding exercise, changing it from ‘Turkey’ to ‘Türkiye’, apparently to avoid confusion with the bird of the same name.

Joe Blogs also has some interesting coverage on the Chinese property conglomerate Evergrande, and the efforts of a US Hedge Fund to take ownership of collateral in Hong Kong.

On this day in 1951, Seoul fell for the second time

BBC On This Day: 1951: Communist forces to re-take Seoul

The Third Battle of Seoul

We in the West seem to have entirely forgotten the Korean War. President Xi Jinping of the People’s Republic of China is keeping the memory alive, in his own fashion.

Hong Kong as it was

Here is a long, very good article about Hong Kong as it developed after WW2 under relatively hands-off British rule. That is all fading away, very sadly, at least in terms of its civil liberties. Quite what the future holds for the jurisdiction, I don’t know.

Check out the photo in the middle of a Boeing 747 flying above the roof-tops. Makes the hair stand up from the back of your neck.

China’s Soweto

The Soweto riots were the beginning of the end for Apartheid in South Africa. This is how they began:

Black South African high school students in Soweto protested against the Afrikaans Medium Decree of 1974, which forced all black schools to use Afrikaans and English in a 50–50 mix as languages of instruction. The Regional Director of Bantu Education (Northern Transvaal Region), J.G. Erasmus, told Circuit Inspectors and Principals of Schools that from 1 January 1975, Afrikaans had to be used for mathematics, arithmetic, and social studies from standard five (7th grade), according to the Afrikaans Medium Decree; English would be the medium of instruction for general science and practical subjects (homecraft, needlework, woodwork, metalwork, art, agricultural science). Indigenous languages would only be used for religious instruction, music, and physical culture.

Forty-six years later, in Inner Mongolia, sorry, the Inner Mongolia Autonomous Region of the People’s Republic of China (not to be confused with the neighbouring sovereign state of Mongolia), children of another subjugated land are protesting against a decree that forces their schools to use the oppressor’s language as the medium of instruction:

Inner Mongolia protests at China’s plans to bring in Mandarin-only lessons

Thousands of ethnic Mongolians have protested across northern China in opposition to Beijing plans to replace the Mongolian language with Chinese in some school subjects.

Tuesday marked the first day of a policy revealed in June, to gradually transition the language of instruction in Inner Mongolian schools from Mongolian to Mandarin Chinese. The change affects three subjects over the next three years in the autonomous region. The education bureau said Mongolian and Korean language classes would remain.

The official explanation for the change to a bilingual education system was to ensure the curriculum and textbooks were of a high standard, and that government documents cited by analysts also referred to president Xi Jinping’s push for shared language as part of a common identity.

However mass protests in Inner Mongolia – referred to as Southern Mongolia by ethnic rights and independence groups – have revealed the depth of fear that Mongolian would be relegated to a foreign language as part of government plans to assimilate ethnic minorities into Chinese Han culture.

I called this China’s Soweto. But don’t expect any equivalent to UN Security Council Resolution 392.

Other links concerning this story:

Tightening the noose on Mongolian in Southern Mongolia

Rare rallies in China over Mongolian language curb