By Jane West
While US imperialism has turned its attention from Libya to Iran and Syria, it has not taken its eyes off the threat that it sees in China.
By Jane West
It is extremely difficult for those in imperialist countries, although as we shall see not for those in semi-colonial ones, to understand the full importance of the Chinese Revolution – which is, with the Russian Revolution of 1917, the most important event in modern human history.
By Jane West
US imperialism is facing a threat to its global economic, and therefore also political, dominance. Even at market exchange rates the latest estimates are that the size of China’s economy will overtake that of the US within ten years. The recent prediction by the IMF that on current trends the size of the Chinese economy, measured in PPP terms, will overtake the US in as little as five years’ time, created international comment
China’s media carries a wide range of different views. A significant part of this is pro-capitalist. It is therefore of interest that Global Times, one of China’s main English language papers, has just carried an interview stating the ‘superiorities of the socialist system’, seeing the international financial crisis as ‘an unprecedented crisis of capitalism’, and concluding that ‘the China path... is not only a brand new one that has never been seen before but also a path that is becoming more and more successful.’ The interview was with Hu Angang, Director of the Center for China Studies of Tsinghua University, Beijing. Extracts from the interview are below and the full interview may be read in Global Times here.
One of the important international economic developments in recent years has been the increasing trade and cooperation of China with Latin America and with Africa – two of the continents most oppressed by imperialism. This has given an important extra room for manoeuvre for these countries in providing an economic alternative to simply trade with the US and other countries. The economic ties of China with Brazil and South Africa, for example, are strongly growing in importance. The following article, which originally appeared in China’s Global Times, makes an assessment of the recent revolutions in the Middle East from this angle. It is also interesting in characterising clearly the hypocrisy of the US and European powers in propping up Arab dictators to the very last minute.
By Andrew Brown
The uprising of the people of Egypt, following the revolution in Tunisia, is one of those truly inspiring political events. For several decades US administrations believed they could trample on the Arab peoples with impunity. Buttressed by its client state in Israel, US imperialism believed that while peoples in other parts of the world might revolt, a series of quisling regimes, such as the Saudi and Egyptian dictatorships, together with the increasingly compliant Palestinian Authority in the West Bank, would be sufficient to prevent this happening in the Arab world.
By Brian George
Photo hoyasmeg/James Emery
There has been extensive coverage of the news that Cuba is to reduce state sector employment by half a million and transfer these workers to the non-state, including the private, sectors. Some of this comment, for example in the Financial Times and Wall Street Journal, interprets this as a move towards capitalism and free markets. More accurate and sophisticated analysis has been given by Latin American specialists. (Also see previous articles on this website here and here.)
First published: December 1999
Ten years after 1989, the consequences of the re-introduction of capitalism into Eastern Europe are clear and acknowledged even by some of the international agencies which sponsored the process.
The World Bank reports in its 1999 World Development Indicators: ‘In 1989 about 14 million people in the transition economies were living under a poverty line of $4 a day. By the mid-1990s that number was about 147 million, one person in three. The distribution of income in the communist period was relatively egalitarian, primarily because of a relatively flat wage distribution, but also because of the virtual absence of income from property and the redistribution of income through social transfers… Today, some eight years later, income distribution has worsened sharply, particularly in the former Soviet Union… the stress is showing in the declining or stagnating life expectancy and sharply worsening adult mortality. Today, for example, the probability that a 15-year-old Ukrainian male will survive until his sixtieth birthday is a mere 65 per cent, down from 72 per cent in 1980. The Europe and Central Asia region is the only part of the developing world with rising adult mortality rates. Even Sub-Saharan Africa, with its AIDS epidemic, is seeing a reduction in adult mortality.’
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