James Petras — China’s Pivot to World Markets, Washington’s Pivot to World Wars, and the Debacle of the Latin American Left

The Chinese model is winning. How long can the US continue to convince its allies to stay on board as the best bet in the global economy?

Introduction: China and the United States are moving in polar opposite directions: Beijing is rapidly becoming the center of overseas investments in high tech industries, including robotics, nuclear energy and advanced machinery with collaboration from centers of technological excellence, like Germany.

In contrast, Washington is pursuing a predatory military pivot to the least productive regions with collaboration from its most barbaric allies, like Saudi Arabia.

James Petras Website
China’s Pivot to World Markets, Washington’s Pivot to World Wars, and the Debacle of the Latin American Left
James Petras | Professor (Emeritus) of Sociology at Binghamton University in Binghamton, New York and adjunct professor at Saint Mary's University, Halifax, Nova Scotia