Russia isn’t imperialist, it has no colonies nor neocolonies
Yeah, tell that to Crimea, the Donbas, or even Siberia or the puppet states like Belarus, Georgia and Moldova. Russian neo-colonialism is all over Africa.
China isn’t imperialist either, it’s a socialist country wituout any financial domination of the state or economy.
China is a kinder imperialist, but they are using largely the same playbook that the west used in Africa, including debt-trap diplomacy, undermining local sovereignty and regulation, and undermining labor movements.
They also have a mix of socialism and capitalism, sometimes getting the best of both, and sometimes the worst. They definitely dominate the state economy through control of banking and the use of capital controls to direct funding to national priorities. The current real estate crisis and “ghost cities” are a pretty obvious example.
Consortium News, 2015: The Mess That Nuland MadeAssistant Secretary of State Victoria Nuland engineered Ukraine’s regime change without weighing the likely consequences.
Consortium News, 2023: The West’s Sabotage of Peace in UkraineFormer Israeli Prime Minister Bennett’s recent comments about getting his mediation efforts squashed in the early days of the war adds more to the growing pile of evidence that Western powers are intent on regime change in Russia.
China is a kinder imperialist, but they are using largely the same playbook that the west used in Africa, including debt-trap diplomacy, undermining local sovereignty and regulation, and undermining labor movements.
What is China doing to undermine local sovereignty or labor movements in Africa?
The current real estate crisis
What “current” real estate crisis? The Chinese state intentionally popped the real estate bubble over a year ago, making the capitalists eat their losses.
“We will scale up the building and supply of government-subsidized housing and improve the basic systems for commodity housing to meet people’s essential need for a home to live in and their different demands for better housing,” an English-language version of the report said.
Compare that to Obama, who bailed out the private banks at the expense of people with home mortgages, banks that knowingly wrote those bad mortgages. Michael Hudson, 2023: Why the Bank Crisis isn’t Over
The financial sector is the core of Democratic Party support, and the party leadership is loyal to its supporters. As President Obama told the bankers who worried that he might follow through on his campaign promises to write down mortgage debts to realistic market valuations in order to enable exploited junk-mortgage clients to remain in their homes, “I’m the only one between you [the bankers visiting the White House] and the mob with the pitchforks,” that is, his characterization of voters who believed his “hope and change” patter talk.
I see you have your cut and paste propaganda all ready to go there.
The people in Crimea and the Donbas wanted to join Russia, to protect them from Ukraine,
Sounds an awful lot like claiming Iraqis wanted the US to overthrow Sadam and would welcome it with open arms. It worked out about the same too, except for the Russian military embarrassing themselves. Even taken at face value, all you are doing is justifying the imperialism, not showing it doesn’t exist.
China is the biggest debt holder nation in the world. Zambia just had to default on loans for infrastructure that largely served Chinese needs, and Kenya and Ethiopia are not far behind. Meanwhile, the DRC is falling into debt paying for infrastructure to ship Copper and Cobalt to Chinese. China has not been as abusive as the west was, but they aren’t that much better either. It’s still the same tactics.
Yeah, tell that to Crimea, the Donbas, or even Siberia or the puppet states like Belarus, Georgia and Moldova. Russian neo-colonialism is all over Africa.
China is a kinder imperialist, but they are using largely the same playbook that the west used in Africa, including debt-trap diplomacy, undermining local sovereignty and regulation, and undermining labor movements.
They also have a mix of socialism and capitalism, sometimes getting the best of both, and sometimes the worst. They definitely dominate the state economy through control of banking and the use of capital controls to direct funding to national priorities. The current real estate crisis and “ghost cities” are a pretty obvious example.
Are you kidding me? The people in Crimea and the Donbas wanted to join Russia, to protect them from Ukraine, which had been killing them since 2014.
The Atlantic, 2021: The Chinese ‘Debt Trap’ Is a Myth
What is China doing to undermine local sovereignty or labor movements in Africa?
What “current” real estate crisis? The Chinese state intentionally popped the real estate bubble over a year ago, making the capitalists eat their losses.
Compare that to Obama, who bailed out the private banks at the expense of people with home mortgages, banks that knowingly wrote those bad mortgages. Michael Hudson, 2023: Why the Bank Crisis isn’t Over
Reuters, 2015: The myth of China’s ghost cities
Wherever you’re getting your information from, it’s dogshit.
I see you have your cut and paste propaganda all ready to go there.
Sounds an awful lot like claiming Iraqis wanted the US to overthrow Sadam and would welcome it with open arms. It worked out about the same too, except for the Russian military embarrassing themselves. Even taken at face value, all you are doing is justifying the imperialism, not showing it doesn’t exist.
China is the biggest debt holder nation in the world. Zambia just had to default on loans for infrastructure that largely served Chinese needs, and Kenya and Ethiopia are not far behind. Meanwhile, the DRC is falling into debt paying for infrastructure to ship Copper and Cobalt to Chinese. China has not been as abusive as the west was, but they aren’t that much better either. It’s still the same tactics.
New Labor Forum: Chinese Investments in Africa: Twenty-First Century Colonialism?
“Cut and paste propaganda” lol you mean sources? You’re just upset that they came prepared because you’ve got jack shit