The principal conflict in today's world is between the United States and China. This book by professor Hudson explains this conflict as a prosess of international transformation, above all in the sphere of economic systems and policy. He explains why the U.S.-China conflict cannot simply be regarded as market competition between two rivals. It is a broader conflict between different political-economical systems - not only between capitalism and sosialism as such, but between the logic of an industrial economy and that of a financialized rentier economy increasingly dependent on foreign subsidy and exploitation as its own domestic economy shrivels.
(Fra forord, side III)

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