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Cake day: December 29th, 2022

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  • I was reading Imperialism in the 21st century and the author also mentioned this, although from a different perspective. If I understood correctly, when integrating with the global market China started in a very poor position and was essentially forced to sell labor power at a low rate and with substandard conditions in order to integrate. This didn’t happen because Deng was stupid or a capitalist roader, this happened because that’s what happens to imperial periphery nations.

    Take what I say with a grain of salt, I haven’t yet finished reading the book and I did not look too deeply into this matter. I could very well be wrong about some details.