China, unequal exchange, and the present world-historic juncture

David Legge Avatar

Professor Jason Hickel’s speech to the Fudan University forum (18 April 2025) on “Socialist Perspectives on Global Governance in a Multipolar World.” Published by Progressive International.

“My objective this morning is to analyse the world economy from the perspective of unequal exchange. I will describe how this works, how it poses an obstacle to development, how it affects China, and I will discuss briefly how it can be overcome.”

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