fbpx
01 / 05
Putin's Claim That Liberalism Is “Obsolete” Is Wrong

Blog Post | Rights & Freedoms

Putin's Claim That Liberalism Is “Obsolete” Is Wrong

Liberalism continues to benefit humanity. We should cherish it, not undermine it.

In a recent interview with the Financial Times, Vladimir Putin boldly declared that “liberalism is obsolete.” Indeed, the Russian president claimed that liberal ideas have “come into conflict with the interests of the overwhelming majority of the population,” as opposed to boosting prosperity and human welfare.

As the number of European populist parties swells, it appears more and more people are buying into the same anti-liberal sentiment spouted by Putin.

But thankfully, for the more than seven billion people who call this planet home, liberalism continues to benefit and enrich humanity — not undermine it.

Each year the Fraser Institute, a Canadian thinktank, publishes its Economic Freedom of the World (EFW) report, ranking the market liberalism of 162 economies using five metrics: size of government, legal system and property rights, sound money, freedom to trade internationally, and regulation.

As I have previously noted on CapX, people in the most economically liberal quartile of nations have an average income more than seven times higher than those in the most illiberal societies ($40,376 and $5,649 respectively). At the bottom of the income distribution the difference is even more pronounced – the poorest decile of workers in the most liberal countries earn almost eight times as much as the bottom ten per cent in the least free economies.

For most people, this disparity simply translates into whether or not they can afford to eat. In his weekly Telegraph column, Boris Johnson got it right when he noted “a direct connection between liberal values…and successful wealth creation”.

Critics of economic liberalism might point to the rise of China, with its authoritarian government and heavy state involvement in the economy. Yet even in the world’s newest superpower, average incomes remain low by Western standards and, as George Magnus has argued persuasively, it is at serious risk of getting stuck in the ‘middle income trap’. Indeed, it is the very lack of liberal, accountable institutions and the rule of law that has exacerbated the long-term economic issues facing the country.

It’s worth noting that the liberal ideas Putin dismisses as inept extend far beyond economics. People don’t move to more liberal nations solely for economic opportunity — often, they do so to escape the tyranny of illiberal societies and find personal freedoms that would be unimaginable in their home country.

Often these people crave the freedom to love who they want, practise their faith and express their dissatisfaction with government institutions without fear of harassment, imprisonment, or even death. These are the key liberal values Putin eagerly castigates.

But his anti-liberal ideas certainly haven’t served the Russian people very well. Russia remains a place where journalists are often killed, political opponents or dissidents jailed, and it’s dangerous to be part of the LGBT community. Russian power belongs to a small clique of Putin cronies and oligarchs, so it’s no surprise that the government doesn’t serve the interests of the Russian people.

GNI per capita has declined for each of the last five years and is now 32 per cent lower than in 2013 (a relatively low $10,230). Annual growth remains sluggish and, with Putin’s failure to allow the Russian economy to diversify away from reliance on natural resources or to tackle Russia’s declining population, the situation in the country will likely worsen. Ironically enough, it’s market liberalism that could fix these problems.

As conditions in Russia deteriorate, the Fraser Institute’s Fred McMahon predicts Putin will continue to ramp up the promotion of illiberal values overseas and throw his weight around Russia’s sphere of influence. A weakened Russia is “little more than a god of mischief in the pantheon of powers,” notes McMahon, and while “these gods (of mischief) can create great horrors and tragedies,” their ability to export anti-liberal values abroad is limited since the rise of liberalism.

When we hear despots like Putin decry the value of liberal ideas, we should simply take a look at the numbers. Unfortunately, those numbers aren’t helping the Russian people, since Putin is ensuring his country continues down the road of repression, economic stagnation and global irrelevance. But for much of the rest of the world, liberalism remains alive and well. Let’s keep it that way.

The first appeared in CapX.

NBC News | Human Freedom

Americans Can Now Visit China for up to 10 Days Without a Visa

“China said Tuesday it was expanding its visa-free transit policy, allowing Americans and other eligible foreign travelers to stay in parts of the country as long as 240 hours, or 10 days, as officials try to attract more overseas visitors.

China’s National Immigration Agency announced the measure, which is effective immediately, on its WeChat account, saying passport holders from 54 countries are eligible. They include countries in Europe, Latin America and Asia, as well as the United States and Canada.

Previously, travelers could stay in China visa-free for as long as 72 to 144 hours depending on where they visited, as long as they continued on to a third country or region.”

From NBC News.

Associated Press | Quality of Government

Americans Can Now Renew Passports Online

“Americans can now renew their passports online, bypassing a cumbersome mail-in paper application process that often caused delays.

The State Department announced Wednesday that its online renewal system is now fully operational, after testing in pilot programs, and available to adult passport holders whose passport has expired within the past five years or will expire in the coming year. It is not available for the renewal of children’s passports, for first-time passport applicants for renewal applicants who live outside the United States or for expedited applications.”

From Associated Press.

The Guardian | Quality of Government

Whales Are Doing So Well They No Longer Need The International Whaling Commission, Says Former Head

“Studies of whale populations make it clear that virtually all species are now increasing. Humpback numbers have risen sharply, along with blue and minke whales. The main exception is the North Atlantic right whale, which has suffered badly from vessel strikes and entanglement in fishing gear.

However, the rest of the world’s whales are doing well, said Bridgewater. ‘Species numbers have bounced back since the moratorium to varying degrees levels. And that is the point of our message to the IWC: ‘You have done your job. It’s been really good work. You have got a result. Now it is time to hang up things and go with dignity.’’

From The Guardian.