The Conflict Between the Global Majority and the American-European Oligarchy

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Factuality

Ownership

Michael Hudson When the U.S. points to China as an existential enemy of the West, it is not because it is a military threat, but because China offers a successful economic alternative to the neoliberal world order Industrial capitalism was revolutionary in its struggle to free Europe's economies and parliaments from the hereditary privileges and vested interests that survived feudalism.