What an amazing week.

Between Tuesday and Friday, 17 and 20 January, the world shifted. On Tuesday, Xi Jinping addressed the World Economic Forum in Davos, Switzerland, while on Friday Donald Trump became president of the United States.

Their two speeches said it all: in one, putting people first, focusing on economic wellbeing for all, stressing the need for international cooperation, dealing with major problems collectively, and the need for a recalibration of global governance; in the other, putting the USA first, focusing on economic wellbeing only for the USA (and stuff the rest), stressing the need for twisting arms so that the USA comes out on top, dealing only with US problems, and the desperate and vain assertion of US global control.

To be sure, many commentators have interpreted Xi Jinping’s speech as a defence of ‘free trade’ and ‘globalisation’. But if you read closely, you will pick up the Marxist emphases on economic wellbeing (which is a core element in a Chinese Marxist approach to human rights), economic inequality as a source of unrest, unleashing the forces of production, the leadership of the Communist Party of China, and the need always to focus on what benefits the common people.

In some respects, the week just past was a significant moment in the shift of global power that began 10 years ago with the Atlantic financial crisis. Comrades in China point out that it should be seen as an outcome of almost four decades of the reform and opening up policy in China.

And all this takes place as Xi Jinping is preparing China for the shift to the second stage of socialism.

 

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