

The CPC was so incompetent that they managed to convince their largest geopolitical adversary to fund their reconstruction, deindustrializing themselves in the process.
Also the Asian financial crisis is what helped devalue labor there to the point that the U.S. wholesale sent entire industries to China. In a market system, it basically foretold future Chinese dominance. These kinds of things are spelled out in concepts such as Alan Geeenspan’s ‘creative destruction’ or the idea of ‘market cycles’.
Gordon Chang is a hack who doesn’t even read his own neo-liberal peers, or bother to understand the ideology that he is swimming in.
@VComrade
To continue our conversation on the previous thread:
Again, no they don’t have alot to lose. At this point in time, it has far less to do with what they have to lose, and much more to do with what they gain by continuing a controlled conflict. The West (in particular the Democrats, but everyone gets their hands dirty here) gets to continue it’s political money laundering operations, both sides get to continue to develop their MIC, and both sides get to test combat technology in a live-fire environment.
Winning or losing doesn’t matter at this point, both sides are making money in their respective games, it’s why bourgeois wars are interminable, and why communism is an absolute necessity for war to ever have a chance to end. They don’t have to have an end goal, the war itself is profitable for them.