Abstract
This chapter looks into the rise of China and the potential for East Asian collapse. China’s steady growth and real, as opposed to financial wealth acquisition, is shaking the foundations of American empire. The possibility of a transition to a different plateau of balance of forces globally is receiving tremendous attention in the mainstream literature. There are two theoretical points one can rely on in investigating the implications of China’s ascent. First, no such transition under capitalism can occur without violence, ranging from proxy wars to immediate confrontation. Second, it is only the strength of an anti-war working class alliance in EA, China and across the globe that could temper the degree of violence. Violence may drain the resources of East Asia sapping its past developmental achievements. I conclude with a summary of the relevant theoretical points encountered in this work.
Access this chapter
Tax calculation will be finalised at checkout
Purchases are for personal use only
References
Abdel-Malek, A. (1963). Orientalism in crisis. Diogenes, 11(44), 103–140.
Amin, S. (1976). Unequal development: An essay on the social formations of peripheral capitalism. Hassocks: The Harvester Press.
Arab Organization for Agricultural Development. (2009). Developments in Arab agricultural trade. Statistical Abstract, no. 29.
Avramidis, S. (2006). Articulation by the “Barrel of a Gun”: Development under the threat of war in the near East, New Directions in Marxist Theory, 8–10 December, Historical Materialism Conference, London. http://mercury.soas.ac.uk/hm/pdf/2006confpapers/papers/Avramidis.pdf.
Badiou, A. (2015). The communist hypothesis. London: Verso Books.
Biao, Lin. (January 2002). ‘Foreword’ to the second edition of quotations of Chairman Mao Tse-tung. Lin Biao Internet Archive. https://www.marxists.org/reference/archive/lin-biao/1966/12/16.htm.
Blair, B., & Yali, G. (2006). The fallacy of nuclear primacy. China Security (Autumn 2006), 51–77, World Security Institute.
Chin, J. (2015). China cracks down on foreign nonprofits: Beijing treats civic groups as security risks, considers stricter oversight. https://www.wsj.com/articles/china-cracks-down-on-foreign-nonprofits-1425694223. Accessed 16 January 2016.
Chossudovsky, M. (1986). Towards capitalist restoration? Chinese socialism after Mao. London: Palgrave.
Chossudovsky, M. (2015). The globalization of war. Global Research, Center for Research on Globalization: Québec.
Davis, A. K. (1960). Decline and fall. Monthly Review, 12(5). https://archive.monthlyreview.org/index.php/mr/article/view/MR-012-06-1960-10_2.
Emmanuel, A. (1972). Unequal exchange: A study of the imperialism of trade (B. Pearce, Trans.). New York: Monthly Review Press.
Frank, A. G. (1982). Crisis of ideology and ideology of crisis. In S. Amin, G. Arrighi, A. G. Frank, & I. Wallerstein (Eds.), Dynamics of global crisis. New York: Monthly Review Press.
Goldner, L. (2017). US-China Relations in the Era of Trump. http://breaktheirhaughtypower.org/us-china-relations-in-the-era-of-trump/. Accessed 19 June 2017.
Hakans, E., & Hynes, P. (2016). Challenge to the world economic order, December. Intelligent Security Solutions Limited. http://issrisk.com/wp-content/uploads/2017/01/DOC-20170112-WA000.pdf.
Hanly, K. (2017). China disputes Moody’s downgrade of its credit rating. http://www.digitaljournal.com/business/china-disputes-moody-s-downgrade-of-its-credit-rating/article/493703#ixzz4mtu5Bs2A. Accessed 17 May 2017.
Hinton, W. (2004). The role of Mao Zedong. Monthly Review, 56(04). https://monthlyreview.org/2004/09/01/on-the-role-of-mao-zedong/.
Hudson, M. (2010). From Marx to Goldman Sachs: The fictions of fictitious capital, and the financialization of industry. Critique: Journal of Socialist Theory, 38(3), 419–444.
Johnstone, P. H. (2017). From MAD to madness: Playing games with nuclear war: Inside pentagon nuclear war planning. Atlanta: Clarity Press.
Kadri, A. (2012). The political economy of the syrian crisis (Working Papers in Technology Governance and Economic Dynamics No. 46), Tallinn University of Technology, Tallinn.
Klare, M. (2016). Whose finger on the nuclear button? Hillary or Donald? Election 2016 and the growing global nuclear threat. GlobalResearch. http://www.globalresearch.ca/whose-finger-on-the-nuclear-button-election-2016-and-the-growing-global-nuclear-threat/5555524.
Lei, N. (August 3, 2015). China Has Been Dominated by Foreign Investment in Industry, Share the Mountain blog. http://blog.sciencenet.c, quoted from Tsui 2017, https://monthlyreview.org/2017/02/01/the-tyranny-of-monopoly-finance-capital/#en11. Accessed February 17 2017.
Lenin, V. I. (1918 [1974]). The proletarian revolution and the renegade kautsky. In Collected works (Vol. 28). Moscow: Progress Publishers.
Li, Z., & Friedman, E. (Eds.) (2016). China on strike: Narratives of Workers’ resistance. Chicago: Haymarket Books.
Liu, H. C. K. (2009). The socialist revolution started 90 years ago in China. http://www.henryckliu.com/page208.html.
Liu. H. C. K. (2010). China and a new world economic order. http://www.henryckliu.com/page216.html. Accessed January 11 2016.
Mao, T. (1957). Extracted from Mao’s remarks to Chinese students in Moscow, 17 November 1957. (Mao Ch-his tasai Su-lien ti yen-lun, pp.14–15). https://www.marxists.org/reference/archive/mao/selected-works/volume-7/mswv7_480.htm.
Ma, H., Wang, Z., & Zhu, K. (2015). Domestic content in China’s exports and its distribution by firm ownership. Journal of Comparative Economics, 43(1), 3–18.
Marx, K. (1894). Capital: A critique of political economy. In The process of capitalist production as a Whole (Vol. 3). New York: International Publisher.
Meyssan, T. (2016). Towards the collapse of Saudi Arabia. Sydney: Guardian, (1715), 8.
OPEC. (2016). World Oil Outlook. http://woo.opec.org/images/woo/WOO_2016.pdf. Accessed 30 June 2017.
Patnaik, P. (2009). Finance capital and fiscal deficits. IDEAs News Analysis, May 21. http://www.networkideas.org/news/may2009/news21_Finance.htm.
Petras, J. (2016, August 20). China’s pivot to world markets, Washington’s pivot to world wars …and the debacle of the latin American left. GlobalResearch. http://www.globalresearch.ca/chinas-pivot-to-world-markets-washingtons-pivot-to-world-wars/5541802.
Simon, D. F. (2007). China’s new science & technology strategy: Implications for foreign firms. China Research Center 6(2). http://www.chinacenter.net/2007/china_currents/6-2/chinas-new-science-technology-strategy-implications-for-foreign-firms/.
Symonds, P. (2017). Trump threats on South China Sea heighten risk of nuclear war, WSWS website, http://www.wsws.org/en/articles/2017/01/25/pers-j25.html. Accessed 25 January 2017.
Tsui, S., Wong, E., Chi, L. K., & Tiejun, W. (2017). The tyranny of monopoly-finance capital: A Chinese perspective. Monthly Review, 68(09). https://monthlyreview.org/2017/02/01/the-tyranny-of-monopoly-finance-capital/.
Wallerstein, I. (1979). The capitalist world economy: Essays. New York: Cambridge University Press.
Weil, R. (2010). What difference does a revolution make? A preliminary contrast of India and China. Mrzine. Viewed November 3, 2014, from http://mrzine.monthlyreview.org/2010/weil180710.html.
Wong, E., Kin, L., Tsui, S., & Tiejun, W. (2017). One belt, one road: China’s strategy for a new global financial order. Monthly Review, 68(08). https://monthlyreview.org/2017/01/01/one-belt-one-road/.
Author information
Authors and Affiliations
Corresponding author
Rights and permissions
Copyright information
© 2018 The Author(s)
About this chapter
Cite this chapter
Kadri, A. (2018). The Rise of China and the Potential for East Asian Collapse. In: The Cordon Sanitaire. Palgrave Macmillan, Singapore. https://doi.org/10.1007/978-981-10-4822-7_5
Download citation
DOI: https://doi.org/10.1007/978-981-10-4822-7_5
Published:
Publisher Name: Palgrave Macmillan, Singapore
Print ISBN: 978-981-10-4821-0
Online ISBN: 978-981-10-4822-7
eBook Packages: Political Science and International StudiesPolitical Science and International Studies (R0)