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Chinese stock bubble no panacea for low wages
China increasingly finds its journey to capitalism to be difficult, all the more so since the government’s strategy of inflating a stock-market bubble has not worked better than it does elsewhere....
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Fanaticism and fantasy drive purported TPP ‘benefits’
So-called “free trade” agreements are continually advertised as creators of jobs, yet jobs are lost and wages decline once they go into effect. As representatives of the 12 countries participating in...
View ArticleFooled again? Trump trade policy elevates corporate power
Given the Trump administration’s all-out war on working people, a government by billionaires and for billionaires considerably more blatant in its class warfare than the ordinary White House, it has...
View ArticleLook to U.S. executive suites, not Beijing, for why production is moved
The ongoing trade war between the United States and China, and the rhetoric surrounding it coming out of the White House, has served to reinforce the idea that China is “stealing” jobs from the United...
View ArticleFar from a change, RCEP agreement is more capitalism as usual
The Regional Comprehensive Economic Partnership is being called a new model of trade agreements. Such paeans appear to be premature, and we might better hold off on uncorking the champagne. It is best...
View ArticleChina talks Marxism, but still walks capitalism
If there is one message that seemed to surface through last month’s crucial meetings of the Communist Party of China it is continuity. The inference that might best be taken is no significant change...
View ArticleThe latest offensive from U.S. imperialism: The Indo-Pacific Economic Framework
As production is moved to ever more distant locales, with ever lower labor and environmental standards, the corporations behind these moves want all barriers to the movement of raw materials and...
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