Title

The rhetoric and reality of the Trans-Pacific Partnership : a view from China

Document Type

Journal article

Source Publication

Monthly Review

Publication Date

12-2016

Volume

68

Issue

7

First Page

24

Last Page

36

Publisher

Monthly Review Foundation

Keywords

Imperialism, Political Economy

Abstract

Since announcing its foreign policy "pivot to Asia" shortly after the election of Barack Obama, the United States has made extensive use of its institutional and discursive power to encourage denationalization among developing countries whose economies chiefly rely on manufacturing and trade—part of its global strategic goal of expanding the hegemony of finance capital at the lowest possible cost. The development of the Trans-Pacific Partnership (TTP) is a case in point. This article analyzes the TPP's strategy in targeting China, pointing out that the TPP is a battle for the terms of economic development and discourse in the twenty-first century, as well as an illustration of the ideology of technocracy and soft power. Lastly, we criticize the TPP's erosion of economic sovereignty, which would effectively relegate the economies of developing countries to a form of semi-colonial extraterritoriality.

DOI

10.14452/MR-068-07-2016-11_2

Print ISSN

00270520

Publisher Statement

Copyright © 2016 MONTHLY REVIEW FOUNDATION ALL RIGHTS RESERVED. Access to external full text or publisher's version may require subscription.

Full-text Version

Publisher’s Version

Recommended Citation

Sit, T., Wong, E., Lau, K.-C. & Wen, T. (2016). The rhetoric and reality of the Trans-Pacific Partnership. Monthly Review, 68(7), 24-35. doi: 10.14452/MR-068-07-2016-11_2

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