Mr. Satur Ocampo, one of the “legal” leaders of the Philippine maoist movement wrote an article (link: http://www.philstar.com/Article.aspx?articleId=621352&publicationSubCate... ) in the bourgeois press analyzing the world economy from maoist perspective. I don't know if all maoists around the world shared his (or Philippine maoist view) view on the world economy.
My impression on his article is:
1. He believes that there is a shift concerning the dominance of junior imperialist powers against the “old” ones.
2. That this is a “positive” development for world capitalism citing the “facts” written by 40 World Bank economists (The Day After Tomorrow).
3. Insinuating that the so-called “emerging markets” are “really” developng and asserting their independence from the “old” ones.
Any comments of Mr. Ocampo's article?