The Rise of East Asia in the 1970s

You write as a response to the crisis that hit advanced capitalist countries in the 1970s. What role did the rise of East Asia in general and then later China in particular play in helping to provisionally resolve it? And then what about the resolution made it only provisional? Yeah, the 1970s, the advanced capitalist countries, mostly US and also Europe as well encountered prolonged crisis. But primarily the crisis is rooted at a kind of a foreign rate of profit.