AUDIO ONLY Jimmy Lai explains the widening crackdown the Chinese Communist Party is imposing on Hong Kong, including his interpretation of the recently proposed national security law, which Lai believes will give China the ability to control all aspects of Hong Kong’s freedoms and culture and destroy the city’s financial and media businesses.
Recorded on June 8, 2020
When Hong Kong democracy advocate Jimmy Lai last appeared on Uncommon Knowledge in October of 2019, the situation in Hong Kong was dire but still hopeful. Now, eight months later, the situation has gone from bad to worse, and since that interview, Lai has been arrested twice. In this conversation, Lai explains the widening crackdown the Chinese Communist Party is imposing on Hong Kong, including his interpretation of the recently proposed national security law, which Lai believes will give China the ability to control all aspects of Hong Kong’s freedoms and culture and destroy the city’s financial and media businesses. Lai also makes a plea to the United States and the rest of the world: help Hong Kong by sanctioning China, because in the wake of COVID-19, the country is at its most vulnerable moment in the last 40 years. Says Lai, “If we surrender, we will lose [our] freedom, we will lose the rule of law—we will lose everything.” Whether the world will hear Lai and the rest of the Hong Kong protestors and take action on their behalf remains to be seen. Finally, we ask Lai why he continues the fight for democracy even against seemingly unsurmountable odds. A visibly emotional Lai responds: “Now is not the time for safety, now is the time for sacrifice. . . . I can’t leave; I will fight until the last day.”
Jimmy Lai
Articles
An interesting brouhaha has broken out in France, lately famous for reinvigorating the idea of wealth taxes: The French government should default on (“annul” “cancel” — the left is great at euphemisms) its debt held by the European Central Banks. Voilá. Disparu. Without any financial or economic cost!
August 24, 2026
Articles
The U.S. unemployment rate has trended down for decades. Estimates after removing business cycle fluctuations show that the trend rate fell from 7.8% in 1976 to 4.8% in 2024.
August 24, 2026
Articles
Money, power and security are intimately connected. For extended periods, the world’s financial center has been concentrated in one country, one city, one currency, providing in effect a code of conduct, whose most effective modern variants have been the nineteenth-century gold standard (1873–1914), the Bretton Woods system (1945–1971), and the international system around the so-called Washington Consensus (1980–2008). Each of these orders eventually frayed, and alternatives needed to be constructed. Concentration around a financial center yields powerful network advantages, but the historical record warns against treating any such arrangement as permanent. The emergence of rival centers has repeatedly been associated with heightened conflict, war, and destruction.
August 24, 2026
