The current wave of new conservatives, that have become the prominent voice of the right-wing in America, carry with them a great ideological passion. These conservatives have been vocal supporters of many policies that are often congruent with the neo-liberal viewpoint. Such policies include a laissez-faire economic approach and small government; both of which are aligned with the economic rationalist approach. They have also ardently maintained their pro-family, pro-community rhetoric in a time when they say these values are being tossed aside by an increasingly liberalised America.
History has shown that the balance of world power shifts in cycles. In a time of growing geopolitical uncertainty, what can American hyperconsumption and Chinese reinvestment tell us about the limits of economic growth via consumption? Join Felix in this final instalment of his three-part series to explore what the rise of China tells us about world power.