In a compelling analysis, American Marxian economist Richard D. Wolff argues that for the first time in over a century, the United States is facing a genuine economic competitor — China. Unlike the Soviet Union, which lacked the economic strength to rival the U.S., China's rapidly growing economy — now nearing $19 trillion in GDP — presents a formidable challenge. Wolff draws a stark comparison: this is no longer David versus Goliath without a slingshot — China has firepower, technology, and global influence. But while strategists understand the stakes, the American public, he warns, is being kept "innocent."
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Tag:· Richard D. Wolff ·US·China· economic competitor
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