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Corporate Interests Are Inflaming US-China Tensions

In a global economy defined by overproduction and underconsumption, American and Chinese corporations are struggling to extract profits from developing nations. Without massive wealth redistribution, consumption won’t return to stable levels.

What Chinese Capitalists Owe to Mao Zedong

China did not develop capitalism during the 18th century, despite having a market economy as strong as Britain’s. The raw material for China’s 20th-century capitalist takeoff came from an unlikely figure: Mao Zedong.