The Different Ways That The U.S. And Chinese Governments Use Their Power To Regulate Capitalism

Russia’s war on Ukraine both reflects and deepens a global split that should remind us of Karl Marx’s famous remark: “No social order ever disappears before all the productive forces, for which there is room in it, have been developed; and new higher r…

Russia’s war on Ukraine both reflects and deepens a global split that should remind us of Karl Marx’s famous remark: “No social order ever disappears before all the productive forces, for which there is room in it, have been developed; and new higher relations of production never appear before the material conditions of their existence have matured in the womb of the old society.” The United Kingdom already lost its particular social order—its empire—while the United States is now losing its.

Despite differences, both of these social orders shared a mostly private form of capitalist relations of production (the organization of enterprises centered around private employers and employees). That social order has given way to a different, mostly public form of capitalist relations of production where state officials are major employers. The latter form of capitalism is developing most dramatically in China.

The post The Different Ways That The U.S. And Chinese Governments Use Their Power To Regulate Capitalism appeared first on PopularResistance.Org.

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Richard D. Wolff, Counter Punch. | radiofree.asia (2024-05-15T09:33:56+00:00) » The Different Ways That The U.S. And Chinese Governments Use Their Power To Regulate Capitalism. Retrieved from https://radiofree.asia/2022/05/02/the-different-ways-that-the-u-s-and-chinese-governments-use-their-power-to-regulate-capitalism-2/.
MLA
" » The Different Ways That The U.S. And Chinese Governments Use Their Power To Regulate Capitalism." Richard D. Wolff, Counter Punch. | radiofree.asia - Monday May 2, 2022, https://radiofree.asia/2022/05/02/the-different-ways-that-the-u-s-and-chinese-governments-use-their-power-to-regulate-capitalism-2/
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Richard D. Wolff, Counter Punch. | radiofree.asia Monday May 2, 2022 » The Different Ways That The U.S. And Chinese Governments Use Their Power To Regulate Capitalism., viewed 2024-05-15T09:33:56+00:00,<https://radiofree.asia/2022/05/02/the-different-ways-that-the-u-s-and-chinese-governments-use-their-power-to-regulate-capitalism-2/>
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Richard D. Wolff, Counter Punch. | radiofree.asia - » The Different Ways That The U.S. And Chinese Governments Use Their Power To Regulate Capitalism. [Internet]. [Accessed 2024-05-15T09:33:56+00:00]. Available from: https://radiofree.asia/2022/05/02/the-different-ways-that-the-u-s-and-chinese-governments-use-their-power-to-regulate-capitalism-2/
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" » The Different Ways That The U.S. And Chinese Governments Use Their Power To Regulate Capitalism." Richard D. Wolff, Counter Punch. | radiofree.asia - Accessed 2024-05-15T09:33:56+00:00. https://radiofree.asia/2022/05/02/the-different-ways-that-the-u-s-and-chinese-governments-use-their-power-to-regulate-capitalism-2/
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" » The Different Ways That The U.S. And Chinese Governments Use Their Power To Regulate Capitalism." Richard D. Wolff, Counter Punch. | radiofree.asia [Online]. Available: https://radiofree.asia/2022/05/02/the-different-ways-that-the-u-s-and-chinese-governments-use-their-power-to-regulate-capitalism-2/. [Accessed: 2024-05-15T09:33:56+00:00]
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» The Different Ways That The U.S. And Chinese Governments Use Their Power To Regulate Capitalism | Richard D. Wolff, Counter Punch. | radiofree.asia | https://radiofree.asia/2022/05/02/the-different-ways-that-the-u-s-and-chinese-governments-use-their-power-to-regulate-capitalism-2/ | 2024-05-15T09:33:56+00:00
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