Present tense? Sure, the imperialism that produced white supremacy alongside it, was crucial to the global establishment of capitalism. But you may have noticed that the U.S. now owes China over a trillion dollars. According to the classical Leninist model, which as I recall you endorse (though I don't), that would make China the dominant, and the U.S. the exploited, party.
Doug
^^^^ CB: Aren't those trillion dollars significantly uncollectable ?