Enabler not expropriator

Great powers in an age of multipolarity

“For the best part of the last 700 years, the system of global economic expansion has been characterised by increasing integration with more territories incorporated into circuits of capital accumulation against a backdrop of a dominant political-economic hegemon. The world system has expanded as a centre-periphery structure, in which the baton of Hegemon has been handed from the Italians to the Dutch, then to the English and then to the Americans.” …

My short editorial in relation to the evolving role of China in the context of the third plenum and the unfolding multipolar world was published earlier today in China Daily. The rest of the editorial is accessible here. It is reproduced below.