Capitalist Terminal Crisis and the Rise of China

Abstract

Abstract In received convention, “China” and “global south” are either a priori established as discrete categories or a posteriori prognosticated as linked units. As a consequence of the unambiguous antithesis between the two premises, “China” and “global South” are a fortiori synthesized by a formal tenet fabricated through inductive reasoning and supplanting substantive relations and dynamics. In contrast, this paper attempts to uncover the relational processes articulating “the rise of China” and “the rejuvenation of the global south,” previously the Third World. To that end, it makes use of the framework of world-system analysis in order to gain access to a cogent angle of vision that captures the historical context that actualizes and is actualized by China/global South relations and processes. This paper concludes that the capitalist system’s terminal crisis of accumulation, which has ramifications that are global in scope and cultural in scale, engenders the relational ground that transpires in the rise of China and the rejuvenation of the global south.