Geo-Economics: Capitalism’s Greatest Hits and Greatest Flops

This article compares Saudi Arabia, the United States and China using the metaphor of ‘shakedowns and shake-ups’.

Shake-ups refer to the Chinese case of investing in infrastructure which moves the economy up and expands. “Shake-downs ” are capitalist economies like the US and Saudi Arabia whose profits cannibalize and destroy their own foundations.

Image from The Greanville Post

About Bruce Lerro

Bruce Lerro has taught for 25 years as an adjunct college professor of psychology at Golden Gate University, Dominican University and Diablo Valley College. He has applied a Vygotskian socio-historical perspective to his five books: "From Earth-Spirits to Sky-Gods: the Socio-ecological Origins of Monotheism, Individualism and Hyper-Abstract Reasoning", "Power in Eden: The Emergence of Gender Hierarchies in the Ancient World" (co-authored with Christopher Chase-Dunn), "Social Change: Globalization from the Stone Age to the Present", "Lucifer's Labyrinth: Individualism, Hyper-Abstract Thinking and the Process of Becoming Civilized", and "The Magickal Enchantment of Materialism: Why Marxists Need Neopaganism". He is also a representational artist specializing in pen-and-ink drawings. Bruce is a libertarian communist and lives in Olympia, WA.

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