At the ceremony, “Soros announced that China’s grip on the global economy is getting tighter and compared the United States’ recent economic woes to the decline of the United Kingdom following World War II,” reports The Blaze.
His assertions came after harsh criticism of political gridlock on Capitol Hill, which he contends has stalled economic reforms in the United States.
Soros maintains that China “has risen rapidly by looking out for its own interests.” (It seems worthwhile to point out that Soros’ praise of China for prioritizing its own needs is confusing, as he has criticized the United States and the capitalist economy for doing the same in the Story of Stuff video series.)
In his acceptance speech, he adds, “They have now got to accept responsibility for world order and the interests of other people as well.”
Soros’ sentiments are reminiscent of statements he made in 2009 to the Financial Times, declaring that China would supplant the United States as the leader of the new world order, and that America should simply accept it and not stand in the way of world progress. As a result, the American government, according to Soros, should not resist the decline of the dollar, nor the decrease in living standards and the introduction of global currency.
When the Financial Times asked Soros what Obama should discuss in his 2009 visit to China, he replied:
This would be the time' because I think you really need to bring China into the creation of a new world order, financial world order.
I think you need a new world order, that China has to be part of the process of creating it and they have to buy in, they have to own it in the same way as the United States owns … the current order.
He added that the orderly decline of the dollar was “desirable,” as it would allow the entire system to be reconstituted toward global currency.
According to Prison Planet, in 2009
Soros predicted that China would become the new engine of the global economy, replacing the U.S., and that this would slow economic growth and reduce living standards.
Soros characterized the United States as a drag on the global economy because of the declining dollar.
At the time, Soros added that the G-20 was a move in the right direction toward global governance.
On Monday, however, Soros voiced his disappointment in the G-20:
The world order as we know it is turning into disorder. The G-20 looked like the new central area of cooperation, and it actually did perform at the initial conference, but ever since then opinions have been pulling it apart and in Seoul I think that process was taken a step further.
Soros recognizes that the path to the new world order will not be an easy one. The Globe and Mail reports, “Looking forward, Mr. Soros said global governance is a pressing concern, but it is hard to implement.”
Soros states, “Whereas globalization and deregulation spread like a virus, regulation is extremely difficult to achieve on an international scale.”
Again, the Globe and Mail:
Mr. Soros chose not to attack the U.S. for revving up its printing presses in its new round of quantitative easing, focusing instead on China’s foreign exchange policies. Speaking at a gala hosted by the Canadian International Council in Toronto, Mr. Soros said China’s devalued currency manipulates global trade and distorts the global economic recovery.
Most disturbingly, Soros indicated at the gala, “Today, China has not only a more vigorous economy, but actually a better functioning government than the United States.”
To clarify, the progressive Soros is claiming that the government of China — the same that suppresses dissension, forces abortions on its citizens, and tortures members of the Falun Gong faith — is a better functioning government than that of the United States.
To an extent, Soros’ allegations make sense, as they are representative of the typical progressive mindset that a larger and more powerful (and stifling) central government is the ideal government.
For example, progressive President Woodrow Wilson once said, “You know it was Jefferson who said that the best government is that which does as little governing as possible … but that time is past. America is not now and cannot in the future be a place for unrestricted individual enterprise.”
Given that Soros hopes to play a role in the formulation of a new world order, has proven himself to play influential roles in the collapse of regimes, has targeted the United States as an “obstacle” in the way of a new world order, and now admittedly favors the government policies of China, shouldn’t Americans be concerned?
Photo of George Soros: AP Images