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James Petras — China and the US: Rational Planning and ‘Lumpen’ Capitalism

Summary:
James Petras explains how China has a vision and is actualizing it, while the US is trying to maintain position. Beijing's strategy is based on economic policy. Washington's strategy is based on military policy.The analysis contains some interesting observations on the Chinese economy and where it is headed.James Petras WebsiteChina and the US: Rational Planning and ‘Lumpen’ CapitalismJames Petras | Professor (Emeritus) of Sociology at Binghamton University in Binghamton, New York and adjunct professor at Saint Mary's University, Halifax, Nova Scotia

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James Petras explains how China has a vision and is actualizing it, while the US is trying to maintain position. Beijing's strategy is based on economic policy. Washington's strategy is based on military policy.

The analysis contains some interesting observations on the Chinese economy and where it is headed.

James Petras Website

China and the US: Rational Planning and ‘Lumpen’ CapitalismJames Petras | Professor (Emeritus) of Sociology at Binghamton University in Binghamton, New York and adjunct professor at Saint Mary's University, Halifax, Nova Scotia

Mike Norman
Mike Norman is an economist and veteran trader whose career has spanned over 30 years on Wall Street. He is a former member and trader on the CME, NYMEX, COMEX and NYFE and he managed money for one of the largest hedge funds and ran a prop trading desk for Credit Suisse.

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