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Corporate Interests Are Inflaming US-China Tensions
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Corporate Interests Are Inflaming US-China Tensions
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Corporate Interests Are Inflaming US-China Tensions In the 1970s, one of Karl Marx’s predictions came true: across advanced capitalist economies, the rate of profit began to fall. Corporations responded to this crisis by off-shoring production to developing countries, where lower labor costs allowed them to extract higher profits. China’s export industr... https://jacobin.com/2022/07/ho-fung-hung-part-2-interview-us-china-conflict/ By @jacobin@twitter.com Read more at: https://UncensoredNews.US/us-china-cold-war #china #foreignpolicy #military #government
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