Clash of the Titans — the United States and China


By Eneas de Souza
On one side, we have a state weak in conducting economic policy but extremely friendly to capitalists — the American state — and on the other, a state that commands and directs the economy towards development — the Chinese state.
Translated By Elizabeth Woolley

Edited by Michelle Harris

Brazil – Sul 21 – Original Article (Portuguese)
We are in an era of transition: the American economy, in decline, is and will be ever more politically confronted by China, whose manufacturing and financial sectors are developing on a fascinating trajectory. And what’s making the difference in this moment of the conflict is the two countries’ position on strategy for defining the economic society in each nation, for defining ways to confront social conflict, for defining the future of capitalism. On one side, we have a state weak in conducting economic policy but extremely friendly to capitalists — the American state — and on the other, a state that commands and directs the economy towards development — the Chinese state. What is the strategic difference between the two?

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