The legacy of Henry Kissinger
Kissinger's death marks the end of a foreign policy era.
Henry Kissinger, who died on November 29, 2023, at the age of 100, was “one of the most prominent and controversial figures” in 20th-century US foreign policy, says Martin Pengelly in The Guardian. He served as president Richard Nixon’s secretary of state and Gerald Ford’s national security adviser and “remained influential” after his time in office thanks in part to his geopolitical consultancy and his authorship of books on international affairs.
He advised a dozen presidents and won a shared Nobel prize for negotiating the end of the Vietnam War. The obituaries examining his legacy were as divided as he was divisive in life. Some praised him as “a statesman, a master diplomat, an exponent of power politics deployed to the benefit of America”. For many others, he was a war criminal with a “contempt for human rights”.
Kissinger’s advice led to many foreign policy mistakes, not least the “ferocious US bombing of neutral Cambodia” during the Vietnam War, which was the context for the rise of the “barbaric” Khmer Rouge, says The Times. He also played a role in encouraging Pinochet’s overthrow of Allende in Chile, abandoning the Iraqi Kurds to Saddam Hussein and condoning violent repressions by US allies such as Pakistan and Indonesia.
Subscribe to MoneyWeek
Subscribe to MoneyWeek today and get your first six magazine issues absolutely FREE
Sign up to Money Morning
Don't miss the latest investment and personal finances news, market analysis, plus money-saving tips with our free twice-daily newsletter
Don't miss the latest investment and personal finances news, market analysis, plus money-saving tips with our free twice-daily newsletter
But there was often a broader geopolitical strategy at play and without Kissinger there would have been “no Nixon visit to China, no breakthrough in detente with Soviet Russia, and no peace treaty between Egypt and Israel”. Through his “hard-nosed negotiations and manipulative control of the US foreign-policy machine”, it's arguable that the Western world was made “a better and safer place for several subsequent decades”.
In short, Kissinger’s “prodigious mind” was often behind the events that helped cement and protect America’s position as the global superpower in the 20th century – exemplified by the fact that he arranged Nixon’s visit to China, “which wrong-footed the Soviet Union and helped China gradually to move towards economic liberalisation”, says Charles Moore in The Telegraph. His advice, both in and out of office, provided an antidote to the tendency of Western politicians to be “swayed by the… public mood”, even as it underplayed “people’s wishes for a better and freer life” and conceded “too much to hostile nations (such as China and Russia) whose power he overrated”.
Indeed, China and Russia’s rulers seem to have been more keen to celebrate Kissinger’s legacy than many in the US, says James Politi in the Financial Times. US president Joe Biden praised Kissinger’s “fierce intellect and profound strategic focus”, but his statement was “brief and hardly laden with praise”. In contrast, Russia’s Vladimir Putin called him a “wise and far-sighted statesman”; and Beijing heaped “unstinting” praise on the late diplomat, who Xi Jinping called an “old friend” of China. Indeed, the influence of Kissinger’s ideas has been “waning” in the US for quite some time, says The New York Times. As Chinese policy turns more aggressive, the Kissingerian policy of “engagement” has been replaced with one of “wariness”. Kissinger’s death marks the “end of an era” in US-Sino relations.
This article was first published in MoneyWeek's magazine. Enjoy exclusive early access to news, opinion and analysis from our team of financial experts with a MoneyWeek subscription.
Related articles
Sign up to Money Morning
Our team, led by award winning editors, is dedicated to delivering you the top news, analysis, and guides to help you manage your money, grow your investments and build wealth.
Matthew graduated from the University of Durham in 2004; he then gained an MSc, followed by a PhD at the London School of Economics.
He has previously written for a wide range of publications, including the Guardian and the Economist, and also helped to run a newsletter on terrorism. He has spent time at Lehman Brothers, Citigroup and the consultancy Lombard Street Research.
Matthew is the author of Superinvestors: Lessons from the greatest investors in history, published by Harriman House, which has been translated into several languages. His second book, Investing Explained: The Accessible Guide to Building an Investment Portfolio, is published by Kogan Page.
As senior writer, he writes the shares and politics & economics pages, as well as weekly Blowing It and Great Frauds in History columns He also writes a fortnightly reviews page and trading tips, as well as regular cover stories and multi-page investment focus features.
Follow Matthew on Twitter: @DrMatthewPartri
-
Energy bills to rise by 1.2% in January 2025
Energy bills are set to rise 1.2% in the New Year when the latest energy price cap comes into play, Ofgem has confirmed
By Dan McEvoy Published
-
Should you invest in Trainline?
Ticket seller Trainline offers a useful service – and good prospects for investors
By Dr Matthew Partridge Published
-
Elon Musk enters the White House – what happens now?
Elon Musk has achieved the seemingly impossible many times before in the business world. But will he be able to cut the US government down to size?
By Jane Lewis Published
-
Sri Mulyani Indrawati: Indonesia’s Iron Lady
Keeping Sri Mulyani Indrawati on as Indonesia's finance minister has steadied the ship after the election of a former military general spooked financial markets
By Jane Lewis Published
-
Media mogul James Dolan takes straight shot at the limelight
Controversial media mogul James Dolan has been hailed as a visionary for his Sphere arena in Las Vegas. But can he square the circle financially?
By Jane Lewis Published
-
Do we need central banks, or is it time to privatise money?
Analysis Free banking is one alternative to central banks, but would switching to a radical new system be worth the risk?
By Stuart Watkins Published
-
Byju’s – the startling rise and fall
India’s educational technology start-up Byju's attracted big-name backers and soared to vertiginous heights during Covid. It has now plummeted. What happened?
By Jane Lewis Published
-
Indian magnate Ratan Tata dies at 86 – how he made a mark in the UK
Ratan Tata took the helm of the family business in 1991 and transformed it into an international conglomerate worth $365bn. His death plunged India into mourning
By Jane Lewis Published
-
Jimmy Carter makes history as the first former US president to turn 100
When Jimmy Carter left office, few would have predicted an outbreak of national affection for the former president’s 100th birthday four decades later. But his legacy is worth celebrating
By Jane Lewis Published
-
Eric Adams: the New York City mayor charged with corruption
Controversy and accusations of corruption have followed Eric Adams in his rise to the mayoralty of New York City. Now he has been charged with a federal crime.
By Jane Lewis Published