[Marxism] Exaggerating Chinese economic power
sartesian at earthlink.net
Sun Jul 27 21:12:17 MDT 2008
One more thing: the "rise" of China is no epochal event. It's not even a
"rise" of China. The Russian Revolution was epochal event. The collapse
of the USSR was epochal. The Cuban Revoluton was epochal. But this? This
is international capitalism doing it always has done-- making money.
If there ever was a "paper tiger," economically, China is it.
----- Original Message -----
From: "Marvin Gandall" <marvgandall at videotron.ca>
To: <sartesian at earthlink.net>
Sent: Sunday, July 27, 2008 7:18 PM
Subject: Re: [Marxism] Exaggerating Chinese economic power
>> As a matter of fact, Luxembourg is an imperialist bastion.
> A bastion, no less.
>> If you take total GDP-- OK China's at 2.6 trillion, US at 13.4; grow
>> China's at 10%, US at 3%, it's about 28 years. I don't envision 28
>> of unbroken growth for China, given the precarious state of Chinese
>> agriculture, real problems with infrastructure and utilities, and the
>> repercussions of the US led slowdown on China and all the "emerging
> No one here has suggested China has attained parity or surpassed the US.
> Three decades or a half century is not a lot of historical time. The rise
> China is an "epochal" event.
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