jmp  wrote:
> There are converging narratives suggesting that Western hegemony is
> bound up with coal, gas and oil. The European economy only became bigger
> than Asia's around 1800, some say, and is now smaller again, so the
> Euro-American age seems to coincide with the offering of cheap coal, gas
> and oil that is now vanishing slowly.

It's possible that the Euro-American age (involving Japan & Australia
& New Zealand & Israel, too) could end due to rising true costs
(prices + environmental costs + political costs) of petroleum. Or the
"center" countries could switch to other sources of energy (nukes,
clean energy, etc.)

Alternatively, the Euro-American (etc.) age could end, passing the
baton to China, India, & Brazil. But that's simply shifting the
geographic nature of the current hegemonic powers. It doesn't end
capitalism. It might be a pain to learn Chinese, but it won't change
the fundamental nature of the system.

Thirdly, it's possible instead that what's happening is the emergence
of a global capitalist class, including those capitalists in
"Euro-America" (Oceania?) _and_ China _and_ etc. This last seems most
likely to me.
-- 
Jim DevineĀ / "Segui il tuo corso, e lascia dir le genti." (Go your own
way and let people talk.) -- Karl, paraphrasing Dante.
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