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

Topics:
Mike Norman considers the following as important: China, Chinese economy, Xi Jinping

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