King's path-breaking study lays bare the dominant rising-China narrative. It shows that China and all other large Third World societies cannot 'catch-up' with the rich countries.
So-call ed 'neoliberal ' globalisation from the 1980s shifted much of the world's work to the poor countries. However - through domination of critical parts of labour process - it is the rich, imperialist countries that monopolise most of the benefits. China, like all Third World Societies, remains many times poorer than the imperialist societies.
The book shows that this very modern form of economic imperialism is a permanent feature of the system. The giant social divide between rich and poor countries cannot be overcome.
So-call ed 'neoliberal ' globalisation from the 1980s shifted much of the world's work to the poor countries. However - through domination of critical parts of labour process - it is the rich, imperialist countries that monopolise most of the benefits. China, like all Third World Societies, remains many times poorer than the imperialist societies.
The book shows that this very modern form of economic imperialism is a permanent feature of the system. The giant social divide between rich and poor countries cannot be overcome.
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