“In the quarter century following the end of the Second World War, most other core countries this regime of capital accumulation while recovering from the War. These economies became profitable sites of investment for American transnational corporations and viable markets for American products” (Hung p. 4).
The United States was a world power that was looked up to by developing countries as well as countries that were trying to achieve the same sort of power obtained by their partner across the Atlantic. Hung further continues to explain that those countries did not benefit from their ventures because they further implanted themselves as the subservient countries to United States because their sole economic objective was to grow and harvest natural resources to sell to American and in return they would then buy the products made by America from the natural resources they had bought from the lesser countries. The problem with this system was that the lesser countries were selling the natural resources for a lower price than they were buying the American products for, thus gaining no profit. My question is, will the rest of the global market ever follow the Chinese formula for economic success as countries followed the United States in the decade after WWII or will the Chinese continue to follow the footsteps of the United States and take the lead of the capitalist market for good?

