Perhaps. Depends, ultimately, on if the US Empire goes down with a bang, or a whimper. Its grip on the world is spilling through its fingers like sand, so either it will watch it fall out helplessly, or will attempt to strike and retake what it’s losing.
“and now class I would like to draw your attention to a footnote that existed between the ancient empires of Britain and the Glorious Peoples Empire of China… for a time there was a thing called ‘America’…”
I don’t think the PRC will be taking on the mantle of “Empire.” Hegemon, sure, but their strategy thus far has been starkly different from the British and US Empires with respect to the Global South. The current US Empire dominates the Global South largely through massive Financial Capital and control of the World Reserve Currency, and is largely de-industrialized, while the PRC focuses more on selling to other countries as a heavily industrialized country. For example, in the US, “Made in USA” is a rarity, and usually just assembled in the USA, while in China “Made in China” goods are by far the norm.
Sure, but that evidently doesn’t seem to be the course the PRC is taking. Rather, as Marxist-Leninists, they appear to be more interested in building up the Global South through favorable trade deals as an investment in future customers for their exports. This is fundamentally a different strategy from focusing on exporting financial and industrial Capital to the Global South. Further, China is too populous to offload their productive forces to the Global South, even if we doubt them as dedicated Communists it doesn’t appear to be an economically viable strategy to adopt an Imperialist stance to begin with.
Perhaps. Depends, ultimately, on if the US Empire goes down with a bang, or a whimper. Its grip on the world is spilling through its fingers like sand, so either it will watch it fall out helplessly, or will attempt to strike and retake what it’s losing.
“and now class I would like to draw your attention to a footnote that existed between the ancient empires of Britain and the Glorious Peoples Empire of China… for a time there was a thing called ‘America’…”
I don’t think the PRC will be taking on the mantle of “Empire.” Hegemon, sure, but their strategy thus far has been starkly different from the British and US Empires with respect to the Global South. The current US Empire dominates the Global South largely through massive Financial Capital and control of the World Reserve Currency, and is largely de-industrialized, while the PRC focuses more on selling to other countries as a heavily industrialized country. For example, in the US, “Made in USA” is a rarity, and usually just assembled in the USA, while in China “Made in China” goods are by far the norm.
UK went through industrialization leading to its empire, and the US was the industrial power during its ascent. Same thing with Japan before WWII.
Many imoeralistic powers seem to go through big industrial growth before expansion.
Sure, but that evidently doesn’t seem to be the course the PRC is taking. Rather, as Marxist-Leninists, they appear to be more interested in building up the Global South through favorable trade deals as an investment in future customers for their exports. This is fundamentally a different strategy from focusing on exporting financial and industrial Capital to the Global South. Further, China is too populous to offload their productive forces to the Global South, even if we doubt them as dedicated Communists it doesn’t appear to be an economically viable strategy to adopt an Imperialist stance to begin with.