China is a friend in the fight against the 1%

by Cameron Orr

u-s-president-barack-obama-shakes-hands-with-chinese-president-xi-jinping-during-their-meeting-at-the-start-of-the-climate-summit-in-paris-on-monday-reuters
Then U.S. President Barack Obama shakes hands with Chinese President Xi Jinping during their meeting at the start of the climate summit in Paris. | Reuters

During the campaign Steven Bannon said, “We’re going to war in the South China Sea in five to 10 years, aren’t we?” Throughout the campaign, Trump constantly attacked China as if it represents the biggest threat to working people in the U.S. He never put the blame on big corporations.

The Trump administration continues to make belligerent threats against the developing country.

The prospect of a war with China is especially worrying. Recent wars with much smaller countries in the Middle East and South America, besides destroying the lives of millions, have been totally unsuccessful. The only way the U.S. could overpower a large country like China is by “going nuclear.”

Why would billionaires in the U.S. hate China so much? Are they really prepared to blow up the whole planet just to spite China?

Changes in the economy have a lot to do with it. Although in many cases, capitalists have moved jobs overseas to bust unions and drive down wages worldwide, even more jobs have been replaced by robots.

More and more industrial jobs are being done by machines. The new jobs are in the service sector. That includes fast food jobs, delivery jobs, retail jobs, and driving jobs like Uber – soon to be replaced by self-driving cars. In most of the world, workers in these industries are being paid poverty wages, and denied the right to join unions.

The attack against workers is having a bad effect on the global economy. In most places, people can’t buy enough goods and services to even make the new machines worthwhile. The most reactionary transnational corporations are resorting to stealing from public wealth as a source of profits. They are controlling many nations with far-right demagogues and political parties to force through unpopular and destructive policies. Society is becoming increasingly unstable and life is becoming more and more difficult for the vast majority of people.

China is also rounding the corner into a service sector economy, but workers’ standard of living there is still rising. Nearly one billion people in China have been lifted out of poverty. In China, every job is a union job. It is also one of the few countries in the world that is still putting huge amounts of money into building its infrastructure.

China, led by its Communist Party, has become the second most powerful economy in the world. Its rapid development has been called a “miracle” by the world. Of course, it’s not a miracle. They are just better organized.

After having made huge profits off of Chinese workers, corporations now want to go to war with them – and us! They are afraid China’s way of doing things, like organizing the economy to combat poverty and put workers in charge, might spread to other countries. Many nations are beginning to take notice of China’s success. Rising levels of popular resistance in the U.S. and elsewhere are making transnational corporations even more nervous.

It is not only rising wages that the transnational corporations are worried about. China is also being increasingly recognized by other countries around the world for its growing leadership role in other areas. China is advocating for peace. It is following through on its commitments to the Paris Agreement which set certain guidelines to stop climate change. As a result of its investments, it has made solar the cheapest form of energy production and is wiping out its coal production.

China is equally concerned about making sure ethnic minorities receive extra support and investment from the government.

The combined effect of green development, peaceful cooperation between nations, and equality is a major threat to the interests of transnational oil and military corporations. They have written U.S. foreign policies for decades, pocketing trillions of dollars the people of the U.S. need for education, health care, green energy, and other needs.

The most reactionary transnational corporations have become so powerful, they control productive operations that are larger than many countries. In response, China is calling for increased economic governance in the world.

The most reactionary transnational corporations enjoy using powerful countries to exploit smaller countries. In response, China has called for shared governance between developed and developing nations.

The most reactionary transnational corporations have sought to pit workers in one country against workers in other countries. They also try to convince people that in order for workers in the U.S. to get ahead, workers in other countries must lose. Instead, China has called for friendly open trade between nations with “win-win outcomes.”

When resources between nations are exchanged fairly, working people in both countries can benefit.

China has played a big role in helping many African countries develop as well – without ripping them off. It’s new “Belt and Road Initiative” will make helpful exchanges between countries more efficient.

The China-led Asian Infrastructure Investment Bank (AIIB) is showing an alternative to the World Bank and International Monetary Fund, international banks that have played a major role in forcing developing countries to cut social services so that they can pay mounting debts to powerful corporate-dominated countries. Opened in January 2016, the AIIB is a multi-national financial institution designed to invest in developing countries’ infrastructure so they can put more resources into social and human development.

As the world turns against Trump, China is increasing its circle of friends.

Many of these solutions were discussed by President Xi Jinping at the last World Economic Forum, where he provided the opening speech. “The richest one percent of the world’s population own more wealth than the remaining 99 percent,” he said. “Over 700 million people in the world are still living in extreme poverty. For many families, to have warm houses, enough food and secure jobs is still a distant dream. This is the biggest challenge facing the world today. It is also what is behind the social turmoil in some countries.”

On the subject of climate change, President Xi Jinping said, “The Paris Agreement is a hard-won achievement … All signatories should stick to it rather than walk away.”

Donald Trump, representing the oil industries, has promised to rip up the Paris Agreement.

The most reactionary transnational corporations and the bankers they serve aren’t interested in a world of green jobs, living wages, peace, or equality. To them, this is game over. But for working people of all races, genders, ages, and religions, that’s when we finally get started.

The most reactionary transnational corporations would rather blow up the world than lose their power.

We have the power to stop them. The fight for democracy, green development, and equality in the U.S. can be won by combining it with the worldwide struggle for peace.

 

For more information on China and world news from a Chinese perspective, visit www.cgtn.com and english.qstheory.cn.

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