News & Politics

Newsweek 06/21/2019

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United States
The Newsweek/Daily Beast Company LLC
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37 Issues

in this issue

1 min.
the archives

1998 “As Bill Clinton takes off on the first presidential trip to Beijing since the Tiananmen massacre, the land awaiting him is busy reinventing itself,” Newsweek wrote. From Mao’s death to the handover of Hong Kong, Newsweek’s coverage of China has earned many of journalism’s proudest awards. As China turned the page into its next chapter—one of further industrialization and rapid economic production—the pace of change has grown ever more dizzying. But today, the future of the American-Chinese relationship is uncertain in the midst of President Donald Trump’s escalation of trade wars with China. 1966 The summer of ’66 brought sweeping unrest across the nation from riots in Watts to Chicago’s Puerto Rican slums. The U.S. Supreme Court’s landmark Miranda decision on suspect rights heated things up “at a time when the nation…

5 min.
the false debate over socialism in the u.s.

A WOMAN IN MY FITNESS CLASS PROUDLY proclaimed last week that she was a socialist. Who knows why. But it did start a passionate debate about socialism vs. capitalism. Passionate, but a little confused. And there’s a good reason why: It’s a dumb argument. During my business career, I worked in 26 countries. I learned how misleading the labels “socialism” and “capitalism” are. All modern economies are a mix of both, and the U.S. is about as socialist as everyone else. For 25 years, the Heritage Foundation, a conservative think tank based in Washington, has put out The Index of Economic Freedom. Every country in the world is ranked from 0 to 100. An economy completely free of government intervention, essentially the “least socialist,” would score 100. According to the 2019 Index,…

10 min.
teetering on the brink

@BroderJonathan ONCE AGAIN, THERE IS A RUMOR of war in the Middle East. A year after President Donald Trump pulled out of the 2015 nuclear accord between Iran and six world powers, he has dramatically upped the stakes in his aggressive campaign of economic warfare against the Islamic Republic. Since last year’s withdrawal, Trump’s reimposition of sanctions already has reduced Iran’s 2 million barrels per day oil sales by half, sending the country’s economy into a tailspin. Now, exercising a policy he calls “maximum pressure,” Trump has targeted Iran’s remaining exports by ending the sanctions waivers he previously had granted to eight of Tehran’s biggest customers. Trump’s goal: to drive Iran into penury and force Tehran’s leaders to accept a new nuclear deal, this time on terms that Trump and his lieutenants insist…

4 min.
the road to freedom

@newtgingrich WE RIGHTLY CELEBRATED THE 75th anniversary of the landing at Normandy on D-Day—June 6, 1944. It was the largest single operation ever undertaken and involved great complexity in timing between airpower, paratroopers, sea power and massive landings from the English Channel on to the French Coast. I just dedicated a podcast episode to D-Day and President Franklin Delano Roosevelt’s national prayer, in which he led the entire country into praying for the safety of our young men and women in uniform—and for victory over tyranny. But there are three other important liberation events worth remembering. The first was the liberation of Rome on June 4, 1944 and the second was the arrival of Pope John Paul II in Warsaw on June 2, 1979. The third happened 10 years after the Pope’s…

1 min.
talking points

“Sexual misconduct deniers have friends in high places. But not just that place.”—ANITA HILL COMMENCEMENT REMARKS AT WELLESLEY COLLEGE“I can't believe I just made my dreams come true.”—ANDY RUIZ JR. ON BECOMING WORLD HEAVY BOXING CHAMPION“NOBODY REALLY FORGETS, BUT THERE ARE PEOPLE WILLING TO TURN THE OTHER WAY.”—WU’ER KAIXI ON THE 30TH ANNIVERSARY OF THE TIANANMEN SQUARE MASSACRE“He said he got it literally an hour ago and he paid $2 million for it. He just bought it, dude, and it’s pretty scraped up.”—CHRIS RICCIARDELLI, WHO SAW TRACY MORGAN GET INTO A TRAFFIC ACCIDENT AFTER BUYING A NEW BUGATTI“What would folks march in? Socks w/sandals on? Dad jeans?”—REP. ALEXANDRIA OCASIOCORTEZ ON PROPOSED “STRAIGHT PRIDE” MARCHES“MY NEXT OPPONENT IS NOT TOO BAD. HE CAN PLAY ON CLAY, UNFORTUNATELY.”—Roger Federer on going up…

18 min.
generation z gets to work

Maybe if he’d been born a boomer or a millennial, and grown up with the generational message that you can be whatever you want to be and things will work out, Zack Bauders, 21, would’ve given more thought to making a living as a professional photographer, like his father. He’s certainly got the talent. His work includes a great action shot he snapped of former Navy quarterback Keenan Reynold, midstride, his arm cocked for the throw. He also took a moody picture of a nighttime meteor shower over a mountain and a stream, and contributed regularly to local magazines in his hometown of Philadelphia. But Bauders didn’t graduate from the University of Texas last month with a degree in photography or anything related to the visual arts. Instead he chose actuarial science—a…