Dozens of American business leaders were on hand in San Francisco to pay homage to Chinese President Xi Jinping.
They gave a standing ovation to the current leader of what may be the most murderous political organization in world history. Dozens of American business leaders, including Apple CEO Tim Cook, Blackstone’s Stephen Schwarzman, Tesla CEO Elon Musk, Boeing CEO Stan Deal, BlackRock’s Larry Fink, Pfizer CEO Albert Bourla, Bridgewater’s Ray Dalio, FedEx CEO Raj Subramaniam, Salesforce CEO Marc Benioff, and Visa executive Ryan McInerney, were on hand in San Francisco to pay homage to Xi Jinping, president of China and general secretary of the Chinese Communist Party (CCP), at a dinner in San Francisco hosted by the U.S.-China Business Council and the National Committee on U.S.-China Relations. Xi had earlier met with President Joe Biden, who later described their talks as “some of the most constructive and productive we’ve had.” At the dinner, Biden Commerce Secretary Gina Raimondo told the American business leaders: “All of you here this evening remain keenly interested to do business in China, and to find ways to advance our bilateral economic relationship.” Raimondo said she knew this “because half of you have come to see me to tell me that.” We are witnessing part II of what the great James Burnham called “the suicidal mania of American business.”
Burnham used that phrase as the title of one of the chapters in his 1949 book The Coming Defeat of Communism, the second volume of his magnificent Cold War trilogy that analyzed the early struggle between the United States and the Soviet Union and promoted policies to win that struggle — policies, it is worth noting, that foreshadowed the Reagan administration’s successful efforts to undermine the Soviet empire in the 1980s.
