Can state-capitalist China inherit the USA as hegemon? (tags)
China's growth is also running on credit, and the People's Republic is similarly highly indebted as the descending Western centers of the world system.10 The Chinese deficit economy is generating even far greater speculative excesses than was the case in the U.S. or Western Europe,
Why China wont replace the US as hegemon. Chaos instead of hegemony (tags)
China's growth is also running on credit; the People's Republic is similarly indebted to the descending Western centers of the world system. This trend toward de-dollarization can only be properly understood against the backdrop of the imperial descent of the United States.
In the Trap of NATO and The Collapse of US Hegemony (tags)
Even before the outbreak of the global Covid pandemic, it was widely recognized that U.S. hegemony was in irreversible decline. In August 2021, the Taliban captured Kabul as U.S. forces withdrew. Only about six months later, war broke out between Russia and Ukraine.
A new quality of crisis (tags)
From the systemic urge to self-destruction arises the survival necessity of the emancipatory overcoming of capital. The capitalist regime of constraint must be transformed into history. The struggle for the transformation of the system has to be the central moment of left practice.
The End of the Long 20th Century (tags)
The US no longer has the necessary financial means to maintain its worldwide military machine (which now drives the US deeper in indebtedness to the international financial markets). The failure of the Project for a New American Century shows the US has not succeeded in subjecting the world
Reflections on Socialism (tags)
The main political task at this moment is to assemble the necessary social forces to defeat Bush and his counterparts in Congress and elsewhere.
Imperialism Today: Tariq Ali, Giovanni Arrighi and Walden Bello (tags)
Imperialism Today Speakers: Tariq Ali Author of Clash of Fundamentalisms: Crusades, Jihads, and Modernity London Giovanni Arrighi, Department of Sociology, Johns Hopkins University Walden Bello, Focus on the Global South Center for Social Theory and Comparative History, UCLA