Hong Kong In The Crosshairs Of Global Power And Ideological Struggles

Hong Kong is one of the most extreme examples of big finance, neoliberal capitalism in the world. As a result, many people in Hong Kong are suffering from great economic insecurity in a city with 93 billionaires, second-most of any city.

Hong Kong is suffering the effects of being colonized by Britain for more than 150 years after the Opium Wars. The British put in place a capitalist economic system and Hong Kong had no history of self-rule. When Britain left, it negotiated an agreement that prevents China from changing Hong Kong’s political and economic systems for 50 years by making Hong Kong a Special Administrative Region (SAR).

China cannot solve the suffering of the people of Hong Kong. This ‘One Country, Two Systems’ approach means the extreme capitalism of Hong Kong exists alongside, but separate from, China’s socialized system.

Sign Up To Our Daily Digest

Independent media outlets are being suppressed and dropped by corporations like Google, Facebook and Twitter. Sign up for our daily email digest before it’s too late so you don’t miss the latest movement news.