China–US Tensions: Is Globalisation Dead?
Release time: 2021-05-02
Jerry Harris
The Global Studies Association of North America, Chicago, USA
ABSTRACT
Although the trade war between China and the US has aspects of a national rivalry, at a deeper level it is a struggle over different forms of globalisation. The Chinese and US economies are deeply integrated, but the economic crisis of 2008 caused a delegitimisation of neoliberalism. The transnational capitalist class is seeking to build new hegemonic projects to stabilise global capitalism. On one side is militarised and repressive accumulation surrounded by a nationalist narrative as typified by the Trump administration; and on the other is green capitalism. An economic and political project in which China plays a key role.
KEYWORDS
Green New Deal; hegemony; militarised accumulation; neo-liberalism; transnational capitalist class
From: International Critical Thought 2020 10 (2)
Editor: Wang Yi