A significant geopolitical conflict is unfolding on a global scale, characterized mainly by the rivalry between dollar-denominated capital and capital linked to Asian currencies. The impressive indebtedness of the USA has coincided with a significant capital accumulation of predominantly Chinese origin, which, despite hostile international legislation, is pressing to participate in the ongoing processes of centralization and monopolistic tendencies. The African continent holds a pivotal role in this context, as it continues to represent a source of primary raw materials of utmost importance. Africa is not experiencing an "economic miracle"; on the contrary, its fragility in terms of indebtedness, poverty, and inequality is so profound as to preclude any autonomous development for its local populations. This profoundly compromised situation could set the stage for potential future "frictions" among the major players of current global capitalism, thereby once again profoundly shaping the history of the entire continent.
Desbalances globales: El papel de la crisis de África
Fabio Clementi;
2025-01-01
Abstract
A significant geopolitical conflict is unfolding on a global scale, characterized mainly by the rivalry between dollar-denominated capital and capital linked to Asian currencies. The impressive indebtedness of the USA has coincided with a significant capital accumulation of predominantly Chinese origin, which, despite hostile international legislation, is pressing to participate in the ongoing processes of centralization and monopolistic tendencies. The African continent holds a pivotal role in this context, as it continues to represent a source of primary raw materials of utmost importance. Africa is not experiencing an "economic miracle"; on the contrary, its fragility in terms of indebtedness, poverty, and inequality is so profound as to preclude any autonomous development for its local populations. This profoundly compromised situation could set the stage for potential future "frictions" among the major players of current global capitalism, thereby once again profoundly shaping the history of the entire continent.| File | Dimensione | Formato | |
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