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 for MoneyWeek's newsletters
Get the latest financial news, insights and expert analysis from our award-winning MoneyWeek team, to help you understand what really matters when it comes to your finances.
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
-
UK property market forecast: where are house prices heading?
House prices have climbed in the past few years, but the long-term outlook for the housing market is poor, says Max King
By Max King Published
-
Next-generation dividend heroes: the top-yielding investment trusts of the future?
The Association of Investment Companies has published its updated list of next-gen dividend heroes. We look at the trusts that made the cut
By Dan McEvoy Published
-
England's department stores return – but do they have a future?
Opinion The great traditional retail shops of Middle England have bounced back for now. Don’t get too carried away though, says Matthew Lynn
By Matthew Lynn Published
-
Can investors stay optimistic about Russian stocks?
Investors look to profit from Russia as Trump pushes for peace in Ukraine. But is it worth the risk?
By Alex Rankine Published
-
Labour's 'Project Chainsaw' begins by abolishing NHS England – will it backfire?
Keir Starmer is taking the fight to the blockers, the NIMBYs, public sector workers and the unions says Emily Hohler. What happens if Labour fails to deliver?
By Emily Hohler Published
-
Zhang Shengwei: the godfather of the vape industry
Profile Zhang Shengwei quietly grew his online vape shop and now gives Big Tobacco a run for its money. Can he survive the backlash from regulators?
By Jane Lewis Published
-
The benefits of a stock bubble
Opinion We tend to think of stock bubbles as bad things but, as the dotcom craze shows, good things can come from them, says Matthew Lynn
By Matthew Lynn Published
-
Friedrich Merz proposes 'radical' spending package for Germany
Germany's chancellor designate Friedrich Merz wants to scrap restraints on borrowing and allow for much higher defence spending
By Emily Hohler Published
-
Walgreens Boots Alliance sold to private equity firm - will Boots get the boot?
US pharmacy giant Walgreens Boots Alliance is going private. Will the new owners sell off the high-street chemist?
By Dr Matthew Partridge Published
-
Europe prepares to stand alone as Trump turns on Ukraine
Support for old military alliances is wavering in the US under Donald Trump. Europe’s leaders are rushing to fill the void. Simon Wilson reports
By Simon Wilson Published