A few days ago, a highly interesting article reported on the accelerating trend of decline of the US Dollar as the leading currency.[1] This article is of particular relevance because of the author, Frank Giustra, who is co-chair of the International Crisis Group (ICG) and an ardent defender of an imperialist world order based on US hegemony. The ICG is one of world’s most influential think tanks and is funded by Western governments and billionaires like George Soros.[2]
Michael Pröbsting Relations between Great Powers cannot be understood in isolation but rather have to be viewed in the context of fundamental class contradictions within a given historical stage of a mode of production.
Michael Pröbsting One of the key debates among socialists today is the class character of China. This is hardly surprising since China is not only the most populous country on the planet but its rivalry with the U.S. also constitutes a pivot of the world situation.