{"id":28852,"date":"2021-04-17T16:36:09","date_gmt":"2021-04-17T20:36:09","guid":{"rendered":"https:\/\/ssgreenberg.name\/PoliticsBlog\/?p=28852"},"modified":"2021-04-17T16:36:09","modified_gmt":"2021-04-17T20:36:09","slug":"americas-neoliberal-financialization-policy-vs-chinas-industrial-socialism","status":"publish","type":"post","link":"https:\/\/ssgreenberg.name\/PoliticsBlog\/2021\/04\/17\/americas-neoliberal-financialization-policy-vs-chinas-industrial-socialism\/","title":{"rendered":"America\u2019s Neoliberal Financialization Policy vs. China\u2019s Industrial Socialism"},"content":{"rendered":"<p><em>CounterPunch <\/em>as the article <a href=\"https:\/\/www.counterpunch.org\/2021\/04\/16\/americas-neoliberal-financialization-policy-vs-chinas-industrial-socialism\/\" rel=\"noopener\" target=\"_blank\">America\u2019s Neoliberal Financialization Policy vs. China\u2019s Industrial Socialism<\/a> by Michael Hudson.<\/p>\n<blockquote><p>\nThe problem was not Russia, whose Communist nomenklatura let their country be ruled by a Western-oriented kleptocracy, but China. The U.S.-China confrontation is not simply a national rivalry, but a conflict of economic and social systems. The reason why today\u2019s world is being plunged into an economic and near-military Cold War 2.0 is to be found in the prospect of socialist control of what Western economies since classical antiquity have treated as privately owned rent-yielding assets: money and banking (along with the rules governing debt and foreclosure), land and natural resources, and infrastructure monopolies.\n<\/p><\/blockquote>\n","protected":false},"excerpt":{"rendered":"<p>CounterPunch as the article America\u2019s Neoliberal Financialization Policy vs. China\u2019s Industrial Socialism by Michael Hudson. The problem was not Russia, whose Communist nomenklatura let their country be ruled by a Western-oriented kleptocracy, but China. The U.S.-China confrontation is not simply a national rivalry, but a conflict of economic and social systems. The reason why today\u2019s [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[166],"tags":[],"class_list":{"0":"post-28852","1":"post","2":"type-post","3":"status-publish","4":"format-standard","6":"category-stevegsposts","7":"czr-hentry"},"_links":{"self":[{"href":"https:\/\/ssgreenberg.name\/PoliticsBlog\/wp-json\/wp\/v2\/posts\/28852","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/ssgreenberg.name\/PoliticsBlog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/ssgreenberg.name\/PoliticsBlog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/ssgreenberg.name\/PoliticsBlog\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/ssgreenberg.name\/PoliticsBlog\/wp-json\/wp\/v2\/comments?post=28852"}],"version-history":[{"count":1,"href":"https:\/\/ssgreenberg.name\/PoliticsBlog\/wp-json\/wp\/v2\/posts\/28852\/revisions"}],"predecessor-version":[{"id":28853,"href":"https:\/\/ssgreenberg.name\/PoliticsBlog\/wp-json\/wp\/v2\/posts\/28852\/revisions\/28853"}],"wp:attachment":[{"href":"https:\/\/ssgreenberg.name\/PoliticsBlog\/wp-json\/wp\/v2\/media?parent=28852"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/ssgreenberg.name\/PoliticsBlog\/wp-json\/wp\/v2\/categories?post=28852"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/ssgreenberg.name\/PoliticsBlog\/wp-json\/wp\/v2\/tags?post=28852"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}