From Vijay Prashad's Tricontinental Institute and website.

Please check it out and give your thoughts.

It's an long-form article, but not too long, and quite interesting and historical.

  • Awoo [she/her]
    ·
    1 year ago

    Agree. The turn in power needs to solidify first. Right now there is still a certain amount of potential for a disaster to manifest in the form of issues around russia. Once dedollarisation becomes irreversible the landscape completely changes and the next economic crisis will have no easy money printing solution, this will spell complete disaster for the US. The aftermath of this will be a landscape in which China can throw its weight.

    • Pluto [he/him, he/him]
      hexagon
      ·
      1 year ago

      Yes, but I also believe that China will still be pretty hands-off compared to, say, the Soviet Union and African liberation.

      They are in part maintained by their neutrality, even when they do have an interest. I use "neutrality" here loosely, but you may get what I mean. Their big schtick is being strictly "anti-hegemonism."

      • Awoo [she/her]
        ·
        edit-2
        1 year ago

        Their neutrality has to end at some point, because without doing so socialism 3.0 will hit a wall. That wall will be the issue of integration in the global market vs pursuit of socialism. There comes a point at which you simply can't go further without altering the global market to suit socialist goals, and the only way to do that is to create more socialist states. If they leave it too long the forces of capitalism will successfully undo the problems they've created for themselves through globalisation, rediscover national industries, and disconnect China. This wall is basically inevitable, the contradictions that cause it are discussed in this very article.