An economics, investment, trading and policy blog with a focus on Modern Monetary Theory (MMT). We seek the truth, avoid the mainstream and are virulently anti-neoliberalism.
Pages
▼
Pages
▼
Monday, August 24, 2020
China: everything proceeding according to plan — Pepe Escobar
Important. China prepares for decoupling (and WWIII).
And that reveals the full contours of what can be reasonably described as a Centralized Meritocracy with Confucian, Socialist Characteristics: a different civilization paradigm that the “indispensable nation” still refuses to accept, and certainly won’t abolish by practicing Hybrid War.
A Bible believer might easily suppose that an economic system based on the Bible would be unsurpassable, regardless of the nationality of the people practicing it.
So the fact that China is a serious rival is a strong indicator that the US economy is NOT Biblically based.
Of course, anyone who has read the Bible should already know this since Mammon has largely replaced the God of the Bible in the US.
I think it is true that China is trying to be pre-1990 Sweden (with a corrupt neo-liberal overlay for party leadership), but it wants to be a Sweden where the Sami are kept in concentration camps, convicts are employed as slave labour, and nobody is allowed to voice dissent... In other words, something a good deal closer to Germany circa 1938. But it IS true that the Chinese have also used the spending power and authority of the state to support many economic and social improvements for the Han majority.
Andrew Anderson -- I think that your last point is well illustrated by Michael Hudson's ...And Forgive Them Their Debts. But is it not just the US,eh! It is the country of the pilgrims and the globalists, as Cynthia Mckinney has put it (the country of neo-Conservatives and neo-Liberals, and their frenemi squabbles and collaborations). This country exists as much in Europe, Eurasia, Latin America, Canada, and certain elements of the Russian oligarchy. I mean, Ohio is just as much a colony as Columbia.
WWIII is a bad plan...
ReplyDeleteAnd that reveals the full contours of what can be reasonably described as a Centralized Meritocracy with Confucian, Socialist Characteristics: a different civilization paradigm that the “indispensable nation” still refuses to accept, and certainly won’t abolish by practicing Hybrid War.
ReplyDeleteA Bible believer might easily suppose that an economic system based on the Bible would be unsurpassable, regardless of the nationality of the people practicing it.
So the fact that China is a serious rival is a strong indicator that the US economy is NOT Biblically based.
Of course, anyone who has read the Bible should already know this since Mammon has largely replaced the God of the Bible in the US.
I think it is true that China is trying to be pre-1990 Sweden (with a corrupt neo-liberal overlay for party leadership), but it wants to be a Sweden where the Sami are kept in concentration camps, convicts are employed as slave labour, and nobody is allowed to voice dissent... In other words, something a good deal closer to Germany circa 1938. But it IS true that the Chinese have also used the spending power and authority of the state to support many economic and social improvements for the Han majority.
ReplyDeleteAndrew Anderson -- I think that your last point is well illustrated by Michael Hudson's ...And Forgive Them Their Debts. But is it not just the US,eh! It is the country of the pilgrims and the globalists, as Cynthia Mckinney has put it (the country of neo-Conservatives and neo-Liberals, and their frenemi squabbles and collaborations). This country exists as much in Europe, Eurasia, Latin America, Canada, and certain elements of the Russian oligarchy. I mean, Ohio is just as much a colony as Columbia.
ReplyDeleteIt’s not only Han majority who’s got it better in China.
ReplyDelete