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China's Rise in the Context of Global Capitalism


by Yanis Iqbal / December 17th, 2020
The world-system is slowly changing. For the first time in capitalism’s history, the global economy’s centre of gravity is shifting away from the west – a process which is a result of Uneven and Combined Development (UCD). On the one hand, dominant states utilize imperialism to preserve existing uneven configurations of capitalist development which favour them. On the other, contender states accelerate development to contest imperial projects of dominant states. Such hot-house development is called combined development because it compresses multiple stages into shorter and more intense bursts.
Combined Development
Today, China is leading a process of combined development as part of a long transition to socialism. This consists of the two tasks of “catching up” and “doing something else”. While the former relates to the development of productive forces, the latter denotes its conscious subordination to socialist goals. ....

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