All I can say is holy shit. Charles Henry Pearson basically 100% predicted today's world in the 1890's--a period that was really similar to today's world.
http://www.historyandpolicy.org/policy-papers/papers/china-globalisation-and-the-west-a-british-debate-1890-1914
...western-directed Chinese growth would bring a Pearsonian denouement in the west, destroying industry and agriculture in the west to a large extent and turning Britain into a service economy dominated by financial capitalists who would control Chinese and world development. Clarke, who was probably also influenced by J. A. Hobson, who in 1891 had had associated western development of China with British de-industrialisation, accepted Pearson's prophecies as inevitable. Kidd, who felt that the financial heart of this new west would be in the United States rather than Britain, resisted them- arguing that a new united, protected British Empire with minimum standards for labour, could avoid the fate Pearson predicted, retain its industrial structure and challenge the USA for global hegemony in the 20th century. Not surprisingly, he vigorously supported Joseph Chamberlain's campaign for white imperial unity when it began in 1903.
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