Analysis of the global hegemonic crisis caused by the turmoil of another hegemonic transition, depicting a period when a new configuration of power is emerging in the world, leading to intense competition and disorder, major crises and breakdowns, and chaos and war. The rise of China’s global economic and military power is now embroiled in the US political and economic crisis, challenging its financial expansion and authority, and right to dominate the world. Donald Trump’s reactionary political regime is waging economic warfare against China and its plans to create a new and separate economic and financial order based on the role and economic power of the BRICS (Brazil, Russia, India, China and South Africa). China’s socialist state is a clear threat to US capitalism ‘manifest destiny’ to rule the world.

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US Hegemonic Crisis

  • Erik Paul

摘要

Analysis of the global hegemonic crisis caused by the turmoil of another hegemonic transition, depicting a period when a new configuration of power is emerging in the world, leading to intense competition and disorder, major crises and breakdowns, and chaos and war. The rise of China’s global economic and military power is now embroiled in the US political and economic crisis, challenging its financial expansion and authority, and right to dominate the world. Donald Trump’s reactionary political regime is waging economic warfare against China and its plans to create a new and separate economic and financial order based on the role and economic power of the BRICS (Brazil, Russia, India, China and South Africa). China’s socialist state is a clear threat to US capitalism ‘manifest destiny’ to rule the world.