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Why it’s China’s turn now

From asiatimes.com

In the second half of the 20th century, scholars and macrohistorians like Alvin Toffler, Francis Fukuyama and Paul Kennedy developed so-called grand narratives to predict future trends. They covered different aspects of society including ideology, technology, religion and culture. The macrohistorians used these models to predict major historical changes in economics, power relations and geopolitics. Curiously, none of them predicted that China would emerge as a challenger to US global preeminence. In the late 20th century, grand narratives fell out of favor. Postmodernists argued that grand or meta-theories ... (full story)

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  • Category: Fundamental Analysis