Surviving Capitalism (Not) : EU and China sign a Mandate of Trade Heaven

We’ve lived so long under the spell of hierarchy—from god-kings to feudal lords to party bosses—that only recently have we awakened to see not only that “regular” citizens have the capacity for self-governance, but that without their engagement our huge global crises cannot be addressed. The changes needed for human society simply to survive, let alone thrive, are so profound that the only way we will move toward them is if we ourselves, regular citizens, feel meaningful ownership of solutions through direct engagement. Our problems are too big, interrelated, and pervasive to yield to directives from on high.
—Frances Moore Lappé, excerpt from Time for Progressives to Grow Up

Thursday, April 11, 2019

EU and China sign a Mandate of Trade Heaven

Click here to access article by Pepe Escobar from Asia Times.

China scores again while the Empire plays regime-change games and arrests and jails journalists.

... Beijing’s drive is to configure national champions in virtually every industrial and post-industrial sector, including preeminence in 5G and AI. The crux of the Chinese strategy is not the US but a close relationship with Europe, where opportunities to acquire first-class technology and first-class education are immense. Not to mention that Europe is BRI’s privileged terminal.

Perception is reality. There’s no doubt the Beijing leadership has understood that this EU-China agreement goes a long way to show, especially to its leaders, that they are dealing with a responsible emerging superpower. The contrast with the acrimony and intimidation tactics displayed throughout the US trade war could not be sharper.