Geography Archives: China

In response to accusations of encouraging “debt trap” diplomacy in Africa, Chinese President Xi Jinping said the announced aid package is not “a scheme to form an exclusive club or bloc against others. Rather it is about greater openness, sharing and mutual benefit.”

The deepening of economic globalization appears to have ground to a halt and the process may even unravel a little. The sudden stop has surprised economists, whose belief in globalization has strong parallels with Fukuyama’s (1989) flawed end of history hypothesis.

There’s a category of story we call “Them Not Us”—U.S. media reporting on problems abroad, and seemingly not noticing that they have the same problems at home.

The Chinese economy is big. In 2017, it was the world’s biggest based on purchasing power parity. Its output equaled $23.12 trillion, compared with $19.9 trillion for the EU and $19.3 trillion for the U.S.

Meet Karl Marx. This is not only a wreath and a silent tribute before Marx’s grave in London’s Highgate cemetery.

Contrary to a widely-held belief that U.S. President Trump acts only out of impulse or is being unpredictable, I believe that the opposite is the case.

There is no time for long introductions. The world is, possibly heading for yet another catastrophe. This one, if we, human beings will not manage to prevent it, could become our final.

In this in-depth interview conducted in Dakar, Samir Amin speaks on a wide range of topics: globalisation; generalised monopoly capital; the alarming growth of inequality; the role of the state in the neoliberal era; globalisation and delinking; capitalism and modernity; the return of fascism in the contemporary capitalist world, and more.

THE U.S. has been accused of human rights abuses, serious infringements of its citizens’ rights and “systematic racial discrimination” in a damning report released by China.

In late 1965 the rumblings of the Cultural Revolution had begun, due to grumblings over corruption, revisionism (“taking the capitalist road,” selling out socialism, etc.) and the snooty technocratism of urbanites. The party, led by Mao, saw these trends as threats to the common good, the revolution, and the Party’s “Heavenly Mandate” – the millennia-old concept that China’s rulers are chosen by Heaven to rule, and that they must actually display this divinity via perfectly moral conduct and leadership…or else revolt is justified.

There is a lot of concern over the possibility of a trade war between China and the US. In early April President Trump announced that his administration was considering levying $100 billion of additional tariffs on Chinese exports, after the Chinese government responded to a previously proposed U.S. tariff hike on Chinese goods of $50 billion by announcing its own equivalent tariff hikes on U.S. exports. And the Chinese government has made clear it will again respond in kind if these new tariffs are actually imposed.

That China and the U.S. are moving in opposite directions is not a new trend, but it has been brought into sharper focus in the Trump era. Growing anxious about its diminishing international authority, the U.S. demonstrates increasing hostility towards China.

Imagine a newly elected president of the United States calling in his inaugural speech for an “ecological civilization” that ensures “harmony between human and nature.” Now imagine he goes on to declare that “we, as human beings, must respect nature, follow its ways, and protect it” and that his administration will “encourage simple, moderate, green, and low-carbon ways of life, and oppose extravagance and excessive consumption.”

“The economic base built in Mao’s era laid the foundation for a sovereign capitalist development.”

Ever since Larry Summers and Alan Heston produced what become known as the “Penn World Tables” comparing prices and thereby the purchasing power of currencies across countries, the urge to use some deflator of market exchange rates to compare incomes across countries has been strong.

For those of us dedicated to revolutionary politics, taking control of this history is a crucial step towards building of international solidarity in the fightback against capitalist globalization and emergent neofascism, which is rearing its ugly head across the globe.

“The simple facts of Mao’s career seem incredible.… Indeed Mao’s achievement is almost beyond our comprehension.” – John King Fairbank, The United States and China.

The hegemony of international finance capital, which led to economies “opening” themselves up to the vortex of global financial flows, demolished both Nehruvian dirigisme and East Asian neo-mercantilism. And the same hegemony has now brought the world capitalist economy to a crisis from which it is in no position to recover.

No one likes to think about how extreme weather events could devastate food production which could cause global panic and disaster. However, scientists, led by Chris Kent, of the Met Office, focused their initial efforts on how extreme weather would affect maize, one of the world’s most widely grown crops. Along with maize other staple crops could be affected including those of rice, wheat and soya beans.

China’s leadership has called in recent years for the creation of a new “ecological civilization.”  Some have viewed this as a departure from Marxism and a concession to Western-style “ecological modernization.”  However, embedded in classical Marxism, as represented by the work of Karl Marx and Frederick Engels, was a powerful ecological critique.  Marx explicitly defined […]