Photo courtesy/ JD Vance
The global society existed as a widely accepted method to achieve economic prosperity through open markets, which drove innovation along with competition to generate shared achievements. The actual form of globalization became evident when Vice President J.D. Vance revealed the system used rich countries to dominate while maintaining developing nations in low-value manufacturing roles forever.
Wealthy nations established control over profitable high-end market sectors, which included financial services, technological expertise, and intellectual property rights, while assigning poor nations, primarily Chin, to engage in basic manufacturing operations. There was asignificantr defect in this system because China refused to maintain its designated position. The nation elevated its industrial status by creating world-leading sectors for semiconductors as well as AI technology and high-tech manufacturing elements. In Vance’s view, globalization declared failure to U.S. policymakers for this particular reason.
Globalization Was Never About Equality
The hidden truth about globalization emerges through Vance’s comments. The system never intended to lift countries equally but operated through a fixed economic order that kept developing world nations dependent on Western supply chains. China faced U.S. containment efforts when it started competing within worldwide technological and industrial sectors after challenging the established economic system.
In recent years, there has been a dramatic change in policies that have shifted toward semiconductor bans while investment barriers that pose as national security measures have been implemented. These moves target economic leadership maintenance as their true objective rather than achieving actual security protection. The fundamental issue originates from China demonstrating an independent economic system beyond Western dominance rather than posing a security threat to the United States.
The Real “China Threat”
Military growth and spying activities are not the primary factors that generate China’s threat. China strives for economic independence, which separates it from its dependence on U.S. technology markets and finance systems. The rise of China threatened the U.S.-established economic order, which depended on developing nations being perpetually dependent on Western capital, government, and technology.
The rising Chinese economic power demonstrates clearly to international nations that they can achieve financial self-sustainability. Developing nations understand the lesson, which drives them to evaluate their current connections with American financial and trading authority systems.
Washington’s Attempt to Contain the Inevitable
Instead of understanding the emergence of multiple powers, the United States is attempting to modify the rules of the global system. Free market policies and globalization support from the past are substituted with trade barriers together with industrial strategies and strategic decoupling approaches. The system that America supported for global market expansion now collapsed because its success surpassed expectations. As soon as China successfully followed the existing regulations, their modification was triggered.
A Message to the Developing World
Other developing countries learned through the U.S. strategy change that authentic economic development happens only when nations break out from controlling structures designed to maintain restrictive status. Governments across Asia, Africa, and Latin America are making progress toward designing new financial systems through BRICS expansion, de-dollarization, and regional trade collations to decrease their dependency on Western-dominated institutions.
Through its effort to control China, the United States potentially creates condithat which drive its economic regression. Rising global economies gain motivation to develop independent networks when Washington attempts to establish strict authority over international relations.
Globalization has met failure because it gave excessive advantage to the wrong groups instead of being unsuccessful. The rest of the world watches as China advances both at home and abroad.