2010 again highlighted the newly important role of China in world economics and politics. The following is a slightly longer version of the version published in Socialist Studies[1] It was written April 15, 2010. • It is difficult to ignore the centrality of China as we enter the second decade of the 21st century. The biggest industrial revolution in human history is underway in the world’s most populous country. This fact is forcing many to rethink old orthodoxies. Minqi Li’s book is an important contribution to this project. The Rise of China and the Demise of the Capitalist World Economy…
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February 21, a three-stage Navy SM-3 missile hit a satellite the size of a school bus, and blew it to pieces.[1] The bizarre explanation for this from the Pentagon, was that they were concerned for peoples’ health. The fuel tank on the satellite (which was falling out of orbit) contains several hundred pounds of something called hydrazine, which is a health hazard. Don’t believe the “health” explanation. The missile strike marks a serious escalation in the arms race, a race that may have slowed after the end of the Cold War, but never really went away. First, the hydrazine “threat”…
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