After the Shock
Adam Tooze
The mistake in thinking that we are in a ‘new Cold War’ is in thinking of it as new. In putting a full stop after 1989 we prematurely declare a Western victory. From Beijing’s point of view, there was no end of history, but a continuity – not unbroken, needless to say, and requiring constant reinterpretation, as any live political tradition does, but a continuity nevertheless. Although American hawks have only a crude understanding of China’s ideology, on this particular matter they have grasped the right end of the stick. We have to take seriously the CCP’s sense of mission. We should not comfort ourselves with the thought that because nationalism is the main mode of Chinese politics today, Xi’s administration is nothing more than a nationalist regime. China under the control of the CCP is, indeed, involved in a gigantic and novel social and political experiment enrolling one-sixth of humanity, a historic project that dwarfs that of democratic capitalism in the North Atlantic.
