Charlie has not answered Sartesian’s query as to whether he believes China is 
displacing the US as the global hegemon, but it is clear from his frequent 
posts to the list that this is his position. He views China as a rival 
imperialist power bent on displacing the US much as the German empire aimed at 
supplanting the British and French prior to the onset of WW I. Like others on 
the Marxist left who theorize about a multipolar world divided by rival 
imperialisms, he is certain that history will repeat itself, making a third 
world war inevitable. This view is broadly shared by bourgeois theoreticians 
who persistently warn of a “Thucydides trap”

In invoking Lenin’s imperialism, Charlie and his co-thinkers ignore that one of 
the essential characteristics of that period was the scramble of the rival 
powers for territory which they could exclusively control and shield from 
competition from foreign corporations, Lenin makes this clear in discussing 
“the division of the world among the great powers.”

> 
> https://www.marxists.org/archive/lenin/works/1916/imp-hsc/ch06.htm
> 

A few quotes will suffice: “Finance capital is connected with the 
intensification of the struggle for the partitioning of the world.,,Colonial 
possession alone gives the monopolies complete guarantee against all 
contingencies in the struggle against competitors...The more capitalism is 
developed, the more strongly the shortage of raw materials is felt, the more 
intense the competition and the hunt for sources of raw materials throughout 
the whole world, the more desperate the struggle for the acquisition of 
colonies...The inevitable striving of finance capital is to enlarge its spheres 
of influence and even its actual territory...Finance capital in general strives 
to seize the largest possible amount of land of all kinds in all places, and by 
every means, taking into account potential sources of raw materials and fearing 
to be left behind in the fierce struggle for the last remnants of independent 
territory, or for the repartition of those territories that have been already 
divided...The interests pursued in exporting capital also give an impetus to 
the conquest of colonies, for in the colonial market it is easier to employ 
monopoly methods (and sometimes they are the only methods that can be employed) 
to eliminate competition, to ensure supplies, to secure the necessary 
'connections,' etc..The non-economic superstructure which grows up on the basis 
of finance capital, its politics and its ideology, stimulates the striving for 
colonial conquest.”

There is no evidence whatsoever that the Chinese state and its own large 
state-owned corporations have the will or the means to seize territories to 
wall off from US and other foreign competitors. Nor for that matter have the US 
state and its corporations had that intent for most of its history, preferring 
instead to wield control over a vast informal empire through economic supremacy 
and a worldwide network of subordinate allies and military bases which China is 
far from replicating.

The current period of economic rivalry might in fact be seen as more akin to 
what Lenin described as "premonopoly capitalism, of capitalism in which free 
competition was predominant which reached its limit in the 1860s and 1870s”. It 
was "precisely after that period”, Lenin writes, "that the tremendous 'boom' in 
colonial conquests begins, and that the struggle for the territorial division 
of the world becomes extraordinarily sharp.”

In making the point, Lenin was rejecting a dogmatic adherence to past 
templates. “General' disquisitions on imperialism, which ignore, or put into 
the background, the fundamental difference between socio-economic formations, 
inevitably turn into the most vapid banality", he wrote, "like the comparison: 
'Greater Rome and Greater Britain.'  Even the capitalist colonial policy of 
previous stages of capitalism is essentially different from the colonial policy 
of finance capital."


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