Imperialism and the development myth

Imperialism and the development myth

How rich countries dominate in the twenty-first century
Progress in Political Economy

von: Sam King, Andreas Bieler

119,99 €

Verlag: Manchester University Press
Format: EPUB
Veröffentl.: 24.08.2021
ISBN/EAN: 9781526159007
Sprache: englisch
Anzahl Seiten: 312

DRM-geschütztes eBook, Sie benötigen z.B. Adobe Digital Editions und eine Adobe ID zum Lesen.


China and other Third World societies cannot 'catch up' with the rich countries. The contemporary world system is permanently dominated by a small group of rich countries who maintain a vice-like grip over the key parts of the labour process – over the most technologically sophisticated and complex labour. Globalisation of production since the 1980s means much more of the world’s work is now carried out in the poor countries, yet it is the rich, imperialist countries – through their domination of the labour process – that monopolise most of the benefits. Income levels in the First World remain five and ten times higher than Third World countries. The huge gulf between rich and poor worlds is getting bigger not smaller. Under capitalist imperialism, it is permanent. China has moved from being one of the poorest societies to a level now similar with other relatively developed Third World societies – like Mexico and Brazil. The dominant idea that it somehow threatens to ‘catch up’ economically, or overtake the rich countries paves the way for imperialist military and economic aggression against China. King’s meticulous study punctures the rising-China myth. His empirical and theoretical analysis shows that, as long as the world economy continues to be run for private profit, it can no longer produce new imperialist powers. Rather it will continue to reproduce the monopoly of the same rich countries generation after generation. The giant social divide between rich and poor countries cannot be overcome.
China and other Third World societies cannot 'catch up'. Much of the world’s work has moved to the poor countries, yet – through dominating critical aspects of labour process – a few rich, imperialist countries monopolise the benefits. China and the Third World will remain poor and the vast global social divide is – under the present system – permanent.
Foreword – Michael Roberts Introduction Part I: Two worlds 1 Income polarisation in the neoliberal period Part II: Contemporary Marxist analysis 2 Decline of Marxist analysis of imperialism 3 Contemporary Marxist response to world polarisation 4 The idea of China as a rising threat Part III: Lenin’s theory of imperialism and its contemporary application 5 What Lenin’s book does
<i>not</i> say 6 Is imperialism the 'highest stage of capitalism'? 7 Lenin’s monopoly
<i>capitalist</i> competition 8 Monopoly and the Marx’s labour theory of value Part IV: Monopoly and non-monopoly capital: the economic core of imperialism 9 Neoliberal polarisation of capital 10 Polarised specialisation of nations 11 Non-monopoly Third World capital 12 Neoliberal globalisation in historical context 13 The industrialisation of everything 14 Growing state dominance 15 Stranglehold: the reproduction of highest labour power Part V: Super-exploitation of China and why catch-up is not possible 16 China: Third World capitalism par excellence 17 The new Imperialist cold war against China 18 Trade war and China’s latest attempts at upgrading Conclusion Bibliography Index
Sam King is a researcher in imperialism and world trade
In this book, King argues that China and other societies cannot ‘catch up’ with richer countries. The contemporary world system is permanently dominated by a small group of super-rich nations that maintain a stranglehold over the global labour process. Globalisation of production since the 1980s means more of the world’s work is now carried out in the poorest countries. Yet richer, ‘imperialist’ regions like North America, Western Europe, Japan and Australia still secure most of the wealth and benefits. Their monopoly comes from controlling the technologically advanced processes within the overall global division of labour while farming out other processes. Income levels in all the richer countries remain five or ten times higher than in societies like China. The huge gulf between them is actually getting bigger not smaller. China is widely viewed as ‘catching up’ economically and threatening their world dominance. This view is false. Through examination of the global division of labour, King’s book shows that China’s real level of economic development and its concrete economic power is more comparable to Brazil and Mexico than the USA or Germany. China and some other societies have been able to develop limited defensive military capabilities, but it remains impossible for them to catch up economically or for them to emerge as a new group of imperialist societies growing richer by exploiting labour and resources beyond their borders. Economic imperialism remains the domain of the same nations that have dominated since colonial times. Today’s deafening shouts about China’s supposed ‘threat’ to that system distracts us from its ongoing reality.

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