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Chinese Air Force, Gen. Xu Qiliang, appeared to have gone somewhat off-message when he said in November that international “military competition has shifted towards space.”

such expansion is a historical inevitability

space is a contested domain. It used to be looked at like a sanctuary. And clearly that’s not the case today

More than a century and a half before Columbus’s voyages, a Malian ruler named Abu Bakr II was said to have equipped an expedition involving two hundred ships that attempted to discover “the furthest limit of the Atlantic Ocean.” The expedition failed to return save for one vessel, whose survivor claimed that “there appeared in the open sea [as it were] a river with a powerful current…. The [other] ships went on ahead but when they reached that place they did not return and no more was seen of them.” Some modern historians (Michael Gomez, Toby Green, and John Thornton, among others) have interpreted this to mean that the Malian ships were caught in the Atlantic Ocean’s Canary Current, which sweeps everything in its path westward at about the same latitude as Mali.Abu Bakr II supposedly responded not by abandoning his dreams of exploration but by equipping a new and far larger expedition, this time involving two thousand ships and with himself in command. That was the last that was seen of him. We know of this story only because when Abu Bakr’s successor, Mansa Musa, was staying in Cairo in 1324–1325 on his pilgrimage to Mecca, the secretary of the chancery of the Mamluk Dynasty asked him how he had come to power and recorded his reply. There are no other traces of Abu Bakr’s attempt.

Mansa Musa, however, who took power in 1312, left such a powerful stamp on his time that it is remarkable how little known he is today. Recently it has been claimed that he was the richest person who ever lived. Speculation over the size of his fortune (“Mansa” means ruler) is based almost entirely on his three-to-twelve-month stay in Cairo on his way to Mecca. The Arabic-language sources vary on many of the details but leave an unmistakable impression of lucre the likes of which have rarely been seen anywhere. Badr al-Din al-Halabi wrote that Musa “appeared [in Cairo] on horseback magnificently dressed in the midst of his soldiers” with more than 10,000 attendants. Another source claims that he “brought with him 14,000 slave girls for his personal service.” A third spoke of the “great pomp” of the pilgrimage, saying that Musa traveled “with an army of 60,000 men who walked before him as he rode. There were [also] 500 slaves, and in the hand of each was a golden staff each made from 500 mithqāls of gold.”

the Malian leader’s huge slave entourage may have cemented the image of Sudanic Africa as an inexhaustible source of black labor in lastingly harmful ways

Between the money handed out and that spent extravagantly in the markets of the city, the value of gold in the region dipped sharply, and according to some accounts remained depressed for years. Musa was so profligate that he had to borrow funds to finance his return voyage

Gomez speculates that the grand geopolitical gambits of Abu Bakr and Mansa Musa shared similar motives: both were looking for a way for Mali to escape the threatening political interference and costly economic control of the Berber middlemen of North Africa through whose territory their gold passed on its way to Europe and elsewhere

the Sahara has long been miscast as a barrier separating a notional black Africa from an equally notional white or Arab one. In reality, it argues, the desert has always been not just permeable but heavily trafficked, much like the ocean, with trade as well as religious and cultural influences traveling back and forth, and with world-shaping effects

early in the European encounter with Africa there was a tremendous fluidity and confusion over the labels the newcomers applied to the indigenous peoples they met, with the newly explored lands of West Africa being variously fancied as Guiné, Ethiopia, and even India. Blackness, however, was essentialized from the very beginning

when they crossed the Senegal River on their way south down the coast of West Africa, they found that they lacked the means to prevail militarily over the confident and capable African kingdoms they encountered. The Portuguese thereafter made a pragmatic turn away from an approach that relied on surprise raids to one based instead on trade and diplomacy.

a pattern in which the Portuguese obtained slaves not from unclaimed territories inhabited by stateless societies but rather from African kings with legitimate sovereignty over their lands, as when they sold captives won in wars with their neighbors

Of the broader interactions in the region between these early Portuguese seekers of fortune and local sovereigns, Bennett writes:While both sides constantly struggled to impose their traditions on the commercial formalities, the African elite usually dictated the terms of trade and interaction. Portuguese subjects who violated African laws quickly risked stiff fines or found their lives in danger. Here we are clearly a very long way from the view—commonly propagated in the ascendant West after the transatlantic slave trade had increased dramatically and European colonization and plantation agriculture had taken firm hold in the New World—that Africans were mere savages who subsisted in a near state of nature.

At the core of Bennett’s book is the argument that the fierce competition between Portugal and Spain over the African Atlantic, which was significantly mediated by the Church, was crucial to the creation of the modern nation-state and of what became modern European nationalism. Early national identities in Europe were forged, to a substantial extent, on the basis of competition over trade and influence in Africa. And this, Bennett says, gets completely lost in Western histories that fast-forward from the conquest of the Canary Islands to Columbus’s arrival in the Americas. “We lose sight of the mutually constitutive nature of fifteenth-century African and European history…whereby Africa figured in the formation of Iberian colonialism and thus the emergence of early modern Portugal and Castile,” he writes.

the often surprising success that Africans had throughout the first four hundred years of their encounter with Europe

That Africans themselves participated in the Atlantic slave trade is by now widely known, and Green by no means skimps on the details. What is less well known in his account is the determined and resourceful ways that a number of major African states struggled to insulate themselves from the slave trade and resist Europe’s rising dominance

Faced with Kongo’s resistance to expanding the slave trade, in 1575 Portugal founded a colony adjacent to the kingdom, at Luanda (now in Angola), which it used as a base to wage an aggressive destabilization campaign against its old partner. Kongo resisted the Portuguese doggedly, eventually turning to Holland as an ally, because that country was not yet engaged in slaving and was an enemy of the then unified kingdoms of Spain and Portugal. The 1623 letter by Kongo’s King Pedro II initiating an alliance with Holland requested “four or five warships as well as five or six hundred soldiers” and promised to pay for “the ships and the salaries of the soldiers in gold, silver, and ivory.” Holland soon entered into the proposed alliance, hoping that by cutting off the supply of slaves from this region, which alone supplied more than half of those sent to Brazil and the Spanish Indies, Brazil itself, a plantation society and at the time Portugal’s leading source of wealth, would become unviable.

What ultimately undid Kongo, the horrific demographic drain of the slave trade that followed its defeat by Portugal in 1665, was a vulnerability it shared with some of the other important late holdouts against European encroachment—powerful and sophisticated kingdoms like the Ashanti Empire and Benin—which was a loss of control over its money supply. In Kongo, a locally made cloth of high quality was the main traditional measure of value and means of exchange, alongside a type of seashell, the nzimbu, harvested along the nearby coast. The Dutch, discovering the local fixation on cloth, flooded the region with its early industrial textiles, wiping out the market for Kongo’s own manufacture. After they gained control of Luanda, the Portuguese similarly flooded the region with shells, both local ones and others imported from the Indian Ocean. Similar monetary catastrophes befell the few big surviving West African kingdoms—mostly as a result of the fall in the price of gold following New World discoveries of gold and silver.

“For several centuries, Western African societies exported what we might call ‘hard currencies,’ especially gold; these were currencies that, on a global level, retained their value over time.” In return, Africans received cowries, copper, cloth, and iron, all things that declined in value over time. All the while, Africa was bled of its people, as slave labor was being put to productive use for the benefit of the West

the root causes of many of the problems of the present lie precisely in this more distant past

alien Western political, economic and even sociocultural constructs were superimposed on most of the inhabitants of these new countries

It took the United States more than 100 years to become a somewhat stable, prosperous country, and this was accomplished despite a horrific civil war but also while separated by oceans from much of the rest of the world — not on the doorstep of Europe endlessly fighting balance-of-power wars, — and sitting on highly coveted ground consisting of two-thirds of a new source of energy that would power the 20th century.

what kept these artificial creations together was the on-the-ground military presence of the British, French and eventually the Americans. And when one of these three was not present, military dictatorship filled the void that emerged from colonialism, political immaturity, imperialist machination and the lack of a national identity

events of the past decade in the post-Cold War world altered this equation. The military dictatorships have been removed or are under siege, first with the US-led ouster of Saddam Hussein in Iraq in 2003 and culminating with the events of the so-called Arab Spring of 2011. We seem to be witnessing much of the Levant returning to its constituent parts, where the nation-state as a unit of analysis may no longer be valid. Iraq is once again on the verge of breaking down following the removal of US troops.

We may be witness to a generation-long process that will remap much of the Middle East. Perhaps outside powers will once again intervene to enforce new borders. If they do, will they get it right this time? Perhaps the indigenous peoples will continue to write their own history … and their own borders. Maybe all of this is inevitable no matter what regional or international powers decide to do

lands are being stolen and mismanaged by colonists who believe that their environmental and clean energy projects – eco-tourism, national parks, and hydroelectric dams  – will be more effective than millennia of land stewardship by Indigenous Peoples

The idea that we could build a truly fair and sustainable society using those foundational European institutions and environmental relations must be thrown out entirely. This makes many people, even the most anti-racist leftists, deeply uncomfortable, because it means we have to reorganize all aspects of life as we know it.

When coupled with the cattle’s overgrazing, invasive Eurasian plants began beating out native grasses and plants while retaining less water and carbon in the soil. Concentrations of cattle increased throughout the 20th century, and instead of letting them graze, farmers began fattening them up in crowded pens called feedlots, which in turn increased the need to cultivate wheat, corn, and soy to feed the cows. Ancient, well-managed prairie was aggressively tilled for the first time, exposing the soil to the air. Some experts have argued that it resulted in a period of severe and destructive dust storms on the Prairies in the 1930s. Today, farmers help prevent this erosion and increase their crop yields with intensive irrigation from underground aquifers that are nearly bled dry – a practice that some studies estimate will leave millions on the Great Plains without water for crops, livestock, or human settlements within a century.

Before colonization, an estimated 30 million bison roamed Turtle Island, but by the end of the 19th century their numbers dwindled to fewer than 1,000 thanks to colonial policies and hunting by settlers. “The majority of Indigenous people have forgotten their connection to our ancestral animal,” Joely says. “Most have never eaten buffalo, seen a buffalo up close, smelled one. Almost all have never scraped the fat and meat off one to tan it.” In 2015, she co-founded the Buffalo People Arts Institute (BPAI), a non-profit whose mission is to “bring back the buffalo emotionally, mentally, spiritually and physically,” including by running workshops on bison hide tanning.  

Like oil and gas, commercial wheat, beef, and salmon farming on Turtle Island are unsustainable extractive industries with product prices that do not match the real human and ecological cost

“We’re willing to wield science as a tool in our work because truly, our people were scientists,” Jess tells me. “We had systems for organizing and transmitting knowledge. We developed practices, teachings, and laws based on our careful experimentation and observation, our code of ethics, our rigour, our intelligence, our drive to understand the world around us. We don’t differentiate between ‘our knowledge’ and ‘science.’ We differentiate between frameworks: ‘Haíɫzaqv science’ and ‘western science.’” There is no confusion in the community about which methods are most appropriate for Haíɫzaqv people or their territory. “We’ve seen decades of academics coming into our territory to earn degrees studying obscure things that have no practical application here. That doesn’t happen anymore. We now have relationships with academic institutions that allow us to be an early point of contact for researchers in all fields who want to come into the territory. They’re expected to develop projects that will advance our territorial governance and stewardship.”

fish farms are disease accelerators,  making both wild populations of fish and humans more vulnerable to a host of pathogens while the industry focuses solely on streamlined production

“The way the western world talks about Indigenous knowledge by and large does it a disservice,” Jess says. “It’s treated like a new-age novelty or a tokenistic box to check on a referral or consultation strategy. It’s deeper than that. It’s sacred, nuanced, organized, and rooted in deep relationships with the world around us. It’s careful. It’s observant. It’s adaptive. It’s not fodder for some generic inspirational Indian proverb meme. It’s a living system by which many of us still organize our lives and map our identities.”

Weirs have long been used by Indigenous fishers to track salmon populations and help make sure they weren’t overfishing – until the late 1800s, when the Dominion of Canada banned Indigenous fishing technologies, under pressure from industrial fisheries which wanted to exploit salmon stocks without competition.  Today, the revival of the weir allows scientists to monitor the salmon’s movement through their tags and study the impact that variables like water temperature have on their populations. They’ve found that high water temperatures are associated with higher rates of death in migrating adult sockeye salmon – a crucial insight into how climate change will affect biodiversity and food security.  A Haíɫzaqv-led non-profit, Qqs Projects Society, is a key partner on the project, and brings children to visit the weir, teaching them about their relationship with the salmon, the logic of traditional technologies, and the respect for life that is crucial to the continuation of their subsistence systems.

The legacy of colonialism and its style of private land management is still an obstacle in reintroducing bison to their ancestral habitats. Cattle ranchers vehemently oppose expanding bison ranches, arguing that bison may pass diseases to cattle herds.  But both Indigenous and settler sciences affirm the benefits of bison for both habitat restoration and human health.  “When the buffalo return, new species return, ecosystems return that were dormant. They can survive on their own with little intervention, in comparison to cattle,”

“Part of our work is feeding people buffalo at community feasts and getting them used to eating it again. Our diets, historically, were changed from buffalo, vegetables, and fruit from the land to pork, salt, sugar, and flour. There is no wonder why diabetes consumes our communities.”

“Looking back does not mean we need to stop our Indigenous cultures from growing,” she adds. “I support solar and wind power. I support modern technologies. There has to be a way to come together as Indigenous and non-Indigenous cultures to join methodologies and practices for the health and well-being of future generations.”

In contrast to stereotypes of Indigenous Peoples as hunter-gatherers, oral histories and research prove that Indigenous Peoples in the Pacific Northwest have been farming clams for over 1,000 years – constructing stone terraces and stacking sediments in the tidal column to perfect clam-growing conditions and harvesting selectively to feed large numbers of people without decimating the clam population.  Even so, the myth that Indigenous Peoples were solely foragers, not farmers, was leveraged by colonial governments to justify stripping Indigenous nations of their land base.

The destruction wrought by colonization cannot be undone, but we can recover from it. Tiffany explains that one must “be strong enough to let the land govern you.” In this sense, “Land Back” is not just the acknowledgement of the sovereignty of First Nations, but a reminder that “the land is sovereign and the land is what you should obey,” she says. It is a call for us all to take responsibility in maintaining a meaningful relationship of reciprocity with the land. 

Our current problems are the result of a number of historical conditions being realized, and are not a fundamental manifestation of our nature, evolutionary trajectory, or destiny. Designing a society that makes happy humans with healthy bodies and minds in resilient ecosystems does not involve “going back” to any ideal period of history, but it does require us recognizing that Indigenous knowledge and ecological stewardship are and will continue to be successful; that ecosystems have regulating functions that are better at preventing pandemics and responding to climate change than present human technology; and that the legacy of industrial agriculture, capitalism, and its exploitation of people and the planet should no longer be the standard that shapes our vision of progress.

a wide array of initiatives have emerged as a direct response to China’s Belt and Road to undermine and dilute China’s infrastructural prowess: the U.S. International Finance and Development Corporation, the EU’s “Asia Connectivity Initiative,” the EU-Japan “Partnership on Sustainable Connectivity and Quality Infrastructure,” the U.S.-Japan-Australia “Blue Dot Network,” the India-Japan “connectivity corridors” and myriad other coalitions. None of these existed even three years ago. Roads have always been the pathways of conquest; now they are the battlefield of competitive connectivity. 

in dozens of visits to Beijing, I have found my interlocutors unable to grasp this basic psychological fact. While many societies admire China’s success and are grateful for China’s role in their development, none want to be like China, nor be subservient to it. It’s an argument that’s fallen on deaf ears in Washington, too. And as with America’s experience of benevolent nation-building, China’s policy of intimidating neighbors into feebly muting their own interests has predictably backfired

Bogging down the adversary while moving stealthily towards one’s objective has been an axiom of Chinese diplomacy for generations. But there is little stealth anymore in China’s land grabs, island-building and wolf-warrior diplomacy

With China’s suppression of information about the coronavirus painting it into a corner, Beijing no longer feels it has anything to lose and is going for broke: moving on Taiwan, Hong Kong, the Senkaku Islands, India’s borders and other disputes while the rest of the world is off-kilter, girding itself for a new Cold War with America. China’s leadership has convinced itself that West-leaning powers seek to encircle it militarily, splinter it internally and destabilize the Communist Party. This is the classical psychological spiral at the heart of any security dilemma in which each action taken by one side elevates the perceived insecurity of the other. 

A repeat of the Cold War would surely not play out as favorably for the U.S. as the last one. America is politically polarized and is the world’s largest debtor nation. Its most recent major wars have been disasters and its military needs time to rebuild and adjust to new adversaries and tactics. And many of its erstwhile allies from Europe to Asia are far more vested in China than America is and don’t trust it to lead a consensus-based global coalition.

What the U.S. and Europe do have in their favor is that they are territorially secure while China is not. China has 14 neighbors, all of which harbor deep suspicions of its motives even as many (especially Russia) cooperate with it.

American strategists have been far more fixated on China’s presence in Africa and South America rather than developing a comprehensive strategy for reassuring China’s neighbors and supporting their own efforts to stand up to it.

Despite the immense economic leverage China has accrued vis-a-vis the many states along its perimeter, it is the complexity of having so many neighbors that constrains China more than its increasingly sophisticated military arsenal suggests. Maintaining global influence is much harder when you are fighting a 14-front war in your own neighborhood. 

From Malabar to Pearl Harbor, the U.S., Japan, Australia, India and numerous other countries have been deepening their coordination in the Indo-Pacific maritime domain. The “quad” coalition features joint strategic patrols and hardware support for the navies of Vietnam, the Philippines and Indonesia in the South China Sea. This summer, ASEAN foreign ministers finally graduated from their usually limp communiques watered down by Chinese pressure and reaffirmed that the U.N. Convention on the Law of the Sea must be the basis for arbitrating maritime disputes. 

Boundary agreements are rarely perceived as fair by both sides, yet such settlements have the virtue of enabling counties to mature towards functional cooperation.  

Precisely because the U.S. and EU have imposed such stiff restrictions on Chinese investment, China has redirected its outbound capital portfolio ever more towards its more proximate Asian domain. And in the wake of the COVID-19 crisis, once fast-growing countries face capital outflows and weak global demand amid ruptured supply chains. The West may be squeezing China out of some markets, but China’s balloon is inflating across Asia as it lowers tariffs on all its Belt and Road trading partners

Laos and Cambodia, two of Asia’s poorest countries, have become all but wholly owned subsidiaries of China, even as China’s Mekong River dams have ravaged their agriculture through volatile water flows and chemical pesticides. With stronger technical and diplomatic assistance, these countries could demand that Chinese investments reinforce their sustainability and local businesses. 

It was always going to be an uphill battle for China to be perceived as a benevolent superpower. Unlike America or the European Union, China is wholly unconvincing as a multiethnic empire. It systematically squelches diverse identities rather than elevating them. Furthermore, though China is an ancient and rich civilization, it coexists with other Asian civilizations with equally respectable glory. None will ever bow to the others, as Japan learned the hard way in the 20th century. Every time China gains an inch of territory, it loses a yard of credibility. The essence of geopolitical stability is equilibrium, and the pathway to it follows the logic of reciprocity. 

China’s assertiveness signals neither an inevitable new Cold War nor a new unipolar hegemony. Rather, it is one phase in Asia’s collective story and the global shift towards multipolarity.

Never has Eurasia been ruled by a single hegemon. The Mongols came closest 700 years ago, but the 14th-century Black Death fractured its disparate khanates, and the Silk Road fell idle. Today again, a pandemic has emerged from China, but rather than shut down the Silk Road, we should build many more of them among dozens of Eurasian nations rather than in and out of China alone. All roads need not lead to Beijing.

Early farming embodied what Graeber and Wengrow call “the ecology of freedom”: the freedom to move in and out of farming, to avoid getting trapped by its demands or endangered by the ecological fragility that it entails.

The authors write their chapters on cities against the idea that large populations need layers of bureaucracy to govern them—that scale leads inevitably to political inequality. Many early cities, places with thousands of people, show no sign of centralized administration: no palaces, no communal storage facilities, no evident distinctions of rank or wealth. This is the case with what may be the earliest cities of all, Ukrainian sites like Taljanky, which were discovered only in the 1970s and which date from as early as roughly 4100 B.C., hundreds of years before Uruk, the oldest known city in Mesopotamia. Even in that “land of kings,” urbanism antedated monarchy by centuries. And even after kings arose, “popular councils and citizen assemblies,” Graeber and Wengrow write, “were stable features of government,” with real power and autonomy. Despite what we like to believe, democratic institutions did not begin just once, millennia later, in Athens.

the authors’ most compelling instance of urban egalitarianism is undoubtedly Teotihuacan, a Mesoamerican city that rivaled imperial Rome, its contemporary, for size and magnificence. After sliding toward authoritarianism, its people abruptly changed course, abandoning monument-building and human sacrifice for the construction of high-quality public housing. “Many citizens,” the authors write, “enjoyed a standard of living that is rarely achieved across such a wide sector of urban society in any period of urban history, including our own.”

What is the state? the authors ask. Not a single stable package that’s persisted all the way from pharaonic Egypt to today, but a shifting combination of, as they enumerate them, the three elementary forms of domination: control of violence (sovereignty), control of information (bureaucracy), and personal charisma (manifested, for example, in electoral politics). Some states have displayed just two, some only one—which means the union of all three, as in the modern state, is not inevitable (and may indeed, with the rise of planetary bureaucracies like the World Trade Organization, be already decomposing). More to the point, the state itself may not be inevitable. For most of the past 5,000 years, the authors write, kingdoms and empires were “exceptional islands of political hierarchy, surrounded by much larger territories whose inhabitants … systematically avoided fixed, overarching systems of authority.”

does civilization rather mean “mutual aid, social co-operation, civic activism, hospitality [and] simply caring for others”?

The Dawn of Everything is framed by an account of what the authors call the “indigenous critique.” In a remarkable chapter, they describe the encounter between early French arrivals in North America, primarily Jesuit missionaries, and a series of Native intellectuals—individuals who had inherited a long tradition of political conflict and debate and who had thought deeply and spoke incisively on such matters as “generosity, sociability, material wealth, crime, punishment and liberty.”The Indigenous critique, as articulated by these figures in conversation with their French interlocutors, amounted to a wholesale condemnation of French—and, by extension, European—society: its incessant competition, its paucity of kindness and mutual care, its religious dogmatism and irrationalism, and most of all, its horrific inequality and lack of freedom.

making the case that the conventional account of human history as a saga of material progress was developed in reaction to the Indigenous critique in order to salvage the honor of the West. We’re richer, went the logic, so we’re better. The authors ask us to rethink what better might actually mean.

“How did we get stuck?” the authors ask—stuck, that is, in a world of “war, greed, exploitation [and] systematic indifference to others’ suffering”? It’s a pretty good question. “If something did go terribly wrong in human history,” they write, “then perhaps it began to go wrong precisely when people started losing that freedom to imagine and enact other forms of social existence.” It isn’t clear to me how many possibilities are left us now, in a world of polities whose populations number in the tens or hundreds of millions. But stuck we certainly are.

In chapter 7 of Imperialism, the Highest Stage of Capitalism, Lenin defined the five “basic features” of imperialism: (1) the concentration of production and capital developed to such a high stage that it created monopolies which play a decisive role in economic life; (2) the merging of banking capital with industrial capital, and the creation, on the basis of this “finance capital,” of a financial oligarchy; (3) the export of capital as distinguished from the export of commodities acquires exceptional importance; (4) the formation of international monopolist capitalist associations which share the world among themselves, and (5) the territorial division of the whole world among the biggest capitalist powers is completed.8

Marxist theories of imperialism (or concepts of imperialism inspired by the Marxist tradition) that evolved after the mid–twentieth century typically defined imperialism as a relationship of economic exploitation leading to unequal distribution of wealth and power on a global scale.9

In chapter 8 of Imperialism, Lenin further argued that export of capital was “one of the most essential bases of imperialism” because it allowed the imperialist countries to “live by exploiting the labour of several overseas countries and colonies.” The superprofits exploited from the colonies in turn could be used to buy off the “upper stratum” of the working class who would become the social base of opportunism in the working-class movement: “Imperialism means the partition of the world, and the exploitation of other countries besides China, which means high monopoly profits for a handful of very rich countries, creating the economic possibility of corrupting the upper strata of the proletariat.”14

imperialism must be a system where a small minority of the world population exploits the great majority. It cannot possibly be a system in which the majority exploits the minority.

From 2004 to 2018, China’s total foreign assets increased from $929 billion to $7.32 trillion. During the same period, China’s total foreign liabilities (that is, total foreign investment in China) increased from $693 billion to $5.19 trillion.16 This means China had a net investment position of $2.13 trillion at the end of 2018. That is, China has not only accumulated trillions of dollars of overseas assets but also become a large net creditor in the global capital market. This seems to support the argument that China is now exporting massive amounts of capital and therefore qualifies as an imperialist country.

Rather than “exploiting” the developed capitalist countries, such capital flight in fact transfers resources from China to the core of the capitalist world system.

while foreign investment in China is dominated by direct investment, an investment form consistent with the foreign capitalist attempt to exploit China’s cheap labor and natural resources, reserve assets account for the largest component of China’s overseas assets.

the United States and other developed capitalist countries simply do not have the production capacity to produce within a reasonable period of time the extra goods and services that may correspond to the more than three trillion dollars of foreign exchange reserves held by China

From the U.S. point of view, China’s accumulation of foreign exchange reserves (mostly in dollar-denominated assets) has essentially allowed it to “purchase” trillions of dollars’ worth of Chinese goods largely by printing money without providing any material goods in return. China’s reserve assets, rather than being a part of China’s imperialist wealth, essentially constitute China’s informal tribute to U.S. imperialism by paying for the latter’s “seigniorage privilege.”

An average rate of return of about 3 percent on China’s overseas investment obviously does not constitute “superprofits.” Moreover, foreign capitalists in China are able to make about twice as much profit as Chinese capital can make in the rest of the world on a given amount of investment.

China’s total stock of direct investment abroad in 2017 was $1.81 trillion, including $1.14 trillion invested in Asia (63 percent), $43 billion invested in Africa (2.4 percent), $111 billion invested in Europe (6.1 percent), $387 billion invested in Latin America and the Caribbean (21 percent), $87 billion invested in North America (4.8 percent), and $42 billion invested in Australia and New Zealand (2.3 percent).

China’s massive investments in Hong Kong, Macao, Singapore, Cayman Islands, and British Virgin Islands (altogether $1.41 trillion or 78 percent of China’s direct investment abroad) are obviously not intended to exploit abundant natural resources or labor in these cities or islands.

Much of the Chinese investment in these places may simply have to do with money laundering and capital flight

the structure of China’s overseas assets is very different from the structure of foreign assets in China. Out of China’s total overseas assets in 2018, 43 percent consists of reserve assets, 26 percent is direct investment abroad, 7 percent is portfolio investment abroad, and 24 percent is other investment (currency and deposits, loans, trade credits, and so on). By comparison, out of total foreign investment in China in 2018, 53 percent is foreign direct investment, 21 percent is foreign portfolio investment, and 26 percent is other investment.

about $158 billion (8.7 percent of China’s total stock of direct investment abroad or 2.2 percent of China’s total overseas assets) invested in Africa, Latin America, and the rest of Asia. This part of Chinese investment no doubt exploits the peoples in Asia, Africa, and Latin America of their labor and natural resources. But it is a small fraction of China’s total overseas investment and an almost negligible part of the enormous total wealth that Chinese capitalists have accumulated

Marxist theorists of imperialism already realized that, in the postcolonial era, imperial exploitation of underdeveloped countries mainly took the form of unequal exchange. That is, underdeveloped countries (peripheral capitalist countries) typically export commodities that embody comparatively more labor than the labor embodied in commodities exported by developed capitalist countries (imperialist countries). In the twenty-first century, global outsourcing by transnational corporations based on the massive wage differentials between workers in imperialist and peripheral countries may be seen as a special form of unequal exchange.22

if a country receives substantially more surplus value from the rest of the world than it transfers, then the country clearly qualifies as an imperialist country in the sense of being an exploiter country in the capitalist world system. On the other hand, if a country transfers substantially more surplus value to the imperialist countries than it receives from the transfer of the rest of the world, the country would be either a peripheral or a semi-peripheral member of the capitalist world system (depending on further study of the country’s position relative to other peripheral and semi-peripheral countries).

even if in the unlikely event that China turns out to be extremely successful in its effort to promote electric cars, it would at best replace no more than one-tenth of China’s current oil consumption.

Being a leading imperialist country, the United States benefits from its “seigniorage privilege.” Because of the other countries’ need to hold massive amounts of foreign exchange reserves in the form of dollar-denominated assets, the United States can “purchase” trillions of dollars of goods simply by printing money without providing material goods in return. The labor embodied in the U.S. “trade deficits” therefore should be treated essentially as unilateral transfers from the rest of the world and included in the unequal exchange.

Sources: “World Development Indicators,” World Bank, accessed May 31, 2021. Net labor transfer is defined as the difference between the total labor embodied in a country’s imported goods and services and the total labor embodied in the country’s exported goods and services. If the difference is positive, it constitutes a net labor gain; if negative, it constitutes a net labor loss.

in the neoliberal era, Chinese capitalism has functioned as a crucial pillar for the global capitalist economy by transferring surplus value produced by tens of millions of workers to the imperialist countries. At its peak, China’s net labor loss equaled 48 percent of China’s industrial labor force in 2007

Had there not been unequal exchange, the massive amounts of material goods currently supplied to the United States by the rest of the world would have to be produced through domestic production to maintain existing levels of U.S. material consumption. About sixty million workers (38 percent of the total U.S. labor force) would have to be withdrawn from service sectors and transferred to material production sectors. This would result in a massive reduction of services output (by about two-fifths of U.S. GDP) without raising levels of material consumption.

By 2015–17, while it would still take about five units of Chinese labor to exchange for one unit of U.S. labor and four units of Chinese labor to exchange for one unit of labor from other high-income countries, China had clearly established exploitative positions in South Asia and sub-Saharan Africa. One unit of Chinese labor can now be exchanged for about two units of labor from sub-Saharan Africa or four units of labor from South Asia. One unit of Chinese labor is roughly on a par with one unit of labor from the low- and middle-income countries of Latin America, Caribbean, Middle East, North Africa, Eastern Europe, and Central Asia. In addition, China has also established a significant advantage relative to other East Asian low- and middle-income countries.

The core countries specialize in quasi-monopolistic, high-profit production processes, and the peripheral countries specialize in highly competitive, low-profit production processes. Surplus value is transferred from the peripheral producers to the core producers, resulting in unequal exchange and concentration of world wealth in the core. By comparison, semi-peripheral countries have “a relatively even mix” of core-like and periphery-like production processes.23

From 1870 to 1970, the share of the world population that lived in countries with per capita GDP greater than 75 percent of the imperial standard varied between 10 percent (in 1950) and 17 percent (in 1913). This is a range consistent with the population share of “a handful of exceptionally rich and powerful states” suggested by Lenin.

reasonable to use 75 percent of the imperial standard as the approximate threshold between the core of the capitalist world system and the semi-periphery. It is important to note that this is only an approximate threshold and other important characteristics (such as state strength, degree of political and economic independence, technological sophistication, and so on) also need to be considered when deciding whether a country is a member of the core or simply has a core-like income level. For example, in 1970, among the wealthiest countries were rich oil exporters such as Qatar, Kuwait, United Arab Emirates, and Venezuela that clearly do not qualify as core countries.

From 1870 to 1970, the share of the world population that lived in countries with per capita GDP less than 25 percent of the imperial standard increased from 57 percent to 66 percent, suggesting widening global inequalities. I use 25 percent of the imperial standard as the approximate threshold between the periphery and the semi-periphery.

by 2017, as China’s per capita GDP advanced to 31 percent of the imperial standard, the structure of world income distribution was radically transformed. The share of the population that lived in countries with per capita GDP less than 25 percent of the imperial standard fell to 50 percent (the lowest since 1870). The share of the population that lived in countries with per capita GDP higher than 75 percent of the imperial standard narrowed to 12 percent. At the same time, the share of the population that lived in countries with per capita GDP between 25 and 75 percent of the imperial standard expanded to 38 percent (almost double the historical semi-peripheral share of the world population).

Neither capitalism nor imperialism is compatible with an arrangement where the majority of the world population exploits the minority, or even with a situation where a large minority exploits the rest of the world. Given the size of the Chinese population (almost one-fifth of the world population), if China were to advance into the core, the total core population would have to rise to about one-third of the world population. Can the rest of the world afford to provide sufficient surplus value (in the form of labor embodied in commodities) as well as energy resources to support such a top-heavy capitalist world system?

South Asia has recently overtaken China to become the largest source of net labor transfer in the global capitalist economy. In 2017, South Asia suffered a net labor loss of 65 million worker-years. All the low- and middle-income countries combined provided a total net labor transfer of 184 million worker-years in 2017

Assuming that China’s average labor terms of trade rises from the current level of about 0.5 (one unit of Chinese labor exchanges for about half of a unit of foreign labor) to about 2 (one unit of Chinese labor exchanges for about two units of foreign labor, similar to the current average labor terms of trade of the non-U.S. high-income countries), then the total labor embodied in China’s imported goods and services would have to rise to about 180 million worker-years. Rather than providing a net labor transfer of nearly 50 million worker-years, China will have to extract 90 million worker-years from the rest of the world. The total shift of 140 million worker-years represents about three-quarters of the total surplus value currently received by the core and the upper-level semi-periphery from the rest of the world and is roughly comparable to the total net labor transfer currently provided by all the low- and middle-income countries (excluding China).

to replace China’s current annual car production by electric vehicles would require the consumption of 120,000 metric tons of lithium annually. World total lithium production in 2018 was only 62,000 metric tons. Therefore, even if China uses up the entire world’s lithium production, it would only be sufficient to replace about one-half of China’s conventional car production.27

China was a typical peripheral country in the 1990s. In the early 1990s, China’s labor terms of trade was about 0.05. That is, one unit of foreign labor could be exchanged for about twenty units of Chinese labor. Since then, China’s labor terms of trade has improved dramatically. By 2016–17, China’s labor terms of trade rose to about 0.5. That is, two units of Chinese labor could be exchanged for about one unit of foreign labor. On balance, China remains an economy exploited by the imperialist countries in the capitalist world system, although the degree of exploitation has declined rapidly in recent years.

The world population in 2018 was 7.59 billion. Using the more generous 1.4 trillion metric tons as the global emissions budget for the rest of the twenty-first century, an average person in the future is entitled to an average annual emissions budget of about 2.3 metric tons per person per year (1.4 trillion metric tons / 80 years / 7.6 billion people). By comparison, China’s per capita carbon dioxide emissions in 2018 were 6.77 metric tons and the U.S. per capita carbon dioxide emissions were 15.73 metric tons.

From 1990 to 2013, China’s per capita carbon dioxide emissions surged from 2.05 metric tons to 6.81 metric tons. If this trend were to continue, China’s per capita carbon dioxide emissions would rise to 12.85 metric tons when China’s per capita GDP rises to $37,734 (75 percent of the imperial standard). If every person in the world were to generate this level of emissions every year between now and the end of the century, global cumulative emissions over the last eight decades of this century would amount to 7.8 trillion metric tons, leading to 5.5 degrees Celsius of additional warming (using the approximate calculation that every one trillion tons of carbon dioxide emissions would bring about 0.7 degrees Celsius of additional warming).

China’s current per capita carbon dioxide emissions are substantially above what would be predicted by the cross-country regression given China’s current income level. Using the cross-country regression, if China’s per capita GDP were to rise to $37,734, China’s per capita carbon dioxide emissions should be 8.67 metric tons. If every person in the world were to generate emissions of 8.67 tons every year between now and the end of the century, global cumulative emissions over the last eight decades of this century would amount to 5.3 trillion metric tons, leading to 3.7 degrees Celsius of additional warming. As the global average temperature is already about one degree Celsius higher than the preindustrial level, global warming by the end of the century would be 4.7 degrees Celsius. This will lead to inevitable runaway global warming and reduce the areas suitable for human inhabitation to a small fraction of the earth’s land surface.

In other words, climate stabilization and global ecological sustainability can be accomplished if every country either accepts a massive reduction of per capita income to peripheral levels or stays with the peripheral levels.

The currently available evidence does not support the argument that China has become an imperialist country in the sense that China belongs to the privileged small minority that exploits the great majority of the world population. On the whole, China continues to have an exploited position in the global capitalist division of labor and transfers more surplus value to the core (historical imperialist countries) than it receives from the periphery. However, China’s per capita GDP has risen to levels substantially above the peripheral income levels and, in term of international labor transfer flows, China has established exploitative relations with nearly half of the world population (including Africa, South Asia, and parts of East Asia). Therefore, China is best considered a semi-peripheral country in the capitalist world system.

Given its enormous population, there is no way for China to become a core country without dramatically expanding the population share of the wealthy top layer of the world system. The implied labor extraction (or transfer of surplus value) demanded from the rest of the world would be so large that it is unlikely to be met by the remaining periphery reduced in population size. Moreover, the required energy resources (especially oil) associated with China’s expected core status cannot be realistically satisfied from either future growth of world oil production or conceivable technical change. In the unlikely event that China does advance into the core, the associated greenhouse gas emissions will contribute to rapid exhaustion of the world’s remaining emissions budget, making global warming by less than two degrees Celsius all but impossible.