Plutocrats Are Only Part Of A Larger Problem

Journal of Political Risk, Vol. 8, No. 2, February 2020

By William R. Hawkins

BEIJING, CHINA – MARCH 18: Apple CEO Tim Cook (R) attends China Development Forum 2017 – Economic Summit at Diaoyutai State Guesthouse on March 18, 2017 in Beijing, China. The forum sponsored by Development Research Center of the State Council centers on “China and the World: Economic Transformation through Structural Reforms”. Photo by Visual China Group via Getty Images.

I ran across a review of the Plutocratic Insurgency Reader in an unusual place. Not in the usual left media outlets, like Jacobin, Dissent or The New Republic as its title would seem to fit, but in Parameters, the quarterly journal of the U.S. Army War College (AWC). This is because the book is not edited by the usual “progessive” activists, but by Robert J. Bunker, adjunct research professor at the AWC Strategic Studies Institute and his wife, Pamela Ligouri Bunker, a specialist in counter-terrorism. And the book is published under the auspices of the Small Wars Journal (SWJ), not known for leaning left.

The book collects 31 short essays by 15 authors, six of whom have ties to either the AWC or the SWJ, thus giving a high expectation that national security would be its primary concern. Its self-avowed purpose is to present the core of a scholarly movement that originated in 2012 from correspondence between Robert Bunker and Nils Gilman of the Bergguen Institute concerning how the wealthy “opt out of participation in the collective institutions that make up society.” The Bergguen Institute was founded in the wake of the 2008 financial crisis and Gilman’s interest is apparently reshaping the relationship between globalized capitalism and national sovereignty. As one reads through the essays, there is a tension that undermines the national security side of the discussion in favor of a domestic policy focus on income inequality and a radical desire to transform property rights that leaves the welfare state in the dust. Gilman is not an editor, but I would argue, his is the stronger voice.

The Parameters book reviewer, José de Arimatéia da Cruz, is another AWC adjunct professor attracted by the insurgency part of the title. He argues, “The end of the Cold War and the ‘end of history’ have led to a more interconnected and globalized world in the twenty-first century. At the same time, the democratization of technology has created a new environment in which previously suppressed actors can exercise greater power via the internet in a dark, deviant globalization. When corrupt politicians join forces with plutocratic insurgents, nation-states pay the price because corruption threatens national and global security.”

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Chinese Scholars Are Calling For Freedom And Autonomy – How Should Western Universities Respond?

Journal of Political Risk, Vol. 8, No. 1, January 2020

By John Fitzgerald, Swinburne University of Technology [1]

Red Guard political slogan on Fudan University campus, Shanghai, China, toward the close of the Cultural Revolution (Spring 1976). ‘Defend party central with blood and life! Defend Chairman Mao with blood and life!’ Source: Wikimedia

In stifling free and open inquiry, China’s universities are being faithful to the party’s Marxist values and authoritarian principles. Universities in the West could display similar backbone by standing up for the values and principles of their own communities, including academic freedom and institutional autonomy, when they deal with education authorities in China. People in China who value freedom and critical inquiry expect nothing less of us.

On December 18, 2019, China’s Ministry of Education announced the latest in a series of revisions of national university constitutions to ensure that the party takes pride of place in their management, curriculum, and international engagements. Public attention was drawn to changes in the charter of Fudan University when footage went viral of students singing their school anthem in protest at the damage done to their school constitution. The Ministry of Education had deleted two phrases from the Fudan charter still preserved in the old school anthem: ‘academic independence and freedom of thought.’[2]

Clearly students in China think academic independence and freedom of thought are worth preserving.  Do scholars in the West agree? If so, how can they help to  defend the fundamental principles and values under assault in Xi Jinping’s China? Continue reading

Making Political Risk More Politically Relevant

Journal of Political Risk, Vol. 7, No. 12, December 2019

Alicia N. Ellis, PhD, Arizona State University

Ukraine’s Independence Square in Fall 2013, taken only months before it erupted into violent protests culminating in the overthrow of the sitting government. A busy commercial and tourist hub that day, there was no sign of the war zone it would soon resemble. Photo: Alicia Ellis.

Executive Summary

This report assesses the state of the academic literature on political risk and evaluates its contribution to understanding and mitigating risk for both business and political professionals. This assessment concludes that policy-relevant research has been in some cases limited and, in most cases, ineffectively communicated. Several major problems contribute to the persistent disconnect between policy, industry, and academia. Political scientists do not approach their research questions in a communicable way, nor do they often take the necessary step of connecting their research to an end use. Risk rating organizations have become overly reliant on cross-national aggregate models. Mixed methods research has been applied inappropriately and thus, ineffectively. Systematic biases have been introduced to models at a structural level, and conceptual difficulties plague some of the most basic questions for risk analysts.

Despite these problems, opportunities do exist for bridging the gap between research and practice, and producing policy-relevant research. This article proposes some recommendations for moving forward. Research questions must be structured in new ways to reflect the needs of end consumers that include non-academic professionals. Several research agendas in need of a practical-minded researcher are put forth, including the rise of China and what it means for global trade patterns, the ‘buy local’ movement spreading across the United States, and the problem of democratic consolidation. For each problem identified, the article makes suggestions for how we might reframe the questions in a way that produces more useful research on political risk. Continue reading