முதலாளித்துவம் தோல்வியுற்றது News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Stay updated with breaking news from முதலாளித்துவம் தோல்வியுற்றது. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.

Top News In முதலாளித்துவம் தோல்வியுற்றது Today - Breaking & Trending Today

The United States Underestimates China's Economic Challenge at Its Own Peril


The United States Underestimates China’s Economic Challenge at Its Own Peril
Beijing, China (Image by Road Trip with Raj on Unsplash)
This is not a moment for rose-tinted glasses.
By Richard D. Wolff
The economy of the People’s Republic of China has been growing much faster than that of the United States for decades. So too has China’s average real wage. China is now the world’s second superpower, catching up to the United States economically if not (yet) militarily. Its political influence grew alongside its GDP. Where once the chief scapegoat for the U.S. was the USSR/Russia, China has replaced the latter in that position. The global tourist industry courts Chinese big spenders. ....

New York , United States , United Kingdom , Mao Zedong , Franklin Delano Roosevelt , Georgew Bush , Richardd Wolff , University Of Massachusetts , Media Institute , Chinese Communist Party , British Empire , Korean War , Great Depression , New Deal , United Kingdom Prime Minister Tony Blair , World War , Soviet Party , Communist Party , North America , Franklin Delano , Independent Media , Graduate Program , International Affairs , New School University , Free Speech , Capitalism Fails ,