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The Rise of China and the Demise of the Capitalist World Economy
In recent years, China has become a major actor in the global economy, making a remarkable switch from a planned and egalitarian socialism to a simultaneously wide-open and tightly controlled market economy. Against the establishment wisdom, Minqi Li argues in this provocative and startling book that far from strengthening capitalism, China’s full integration into the world capitalist system will, in fact and in the not too distant future, bring about its demise. The author tells us that historically the spread and growth of capitalist economies has required low wages, taxation, and environmental costs, as well as a hegemonic nation to prevent international competition from eroding these requirements. With the decline of the economic power of the United States, its current hegemonic role will deteriorate and the unprecedented growth of China will so erode the foundations of capital accumulation—by pushing wages and environmental costs up, for example—that the entire capitalist system will be shaken to its core. This is essential reading for those who still believe that there is no alternative.
The Rise of China and the Capitalist World Order
China's rise within global society and politics has brought it into the spotlight - for social scientists, the country's long and dramatic transformations in the twentieth and twenty-first centuries make it an ideal case study for research on political and economic development and social changes. China's size, integration and dynamism are impacting on the functioning of the capitalist world system. This book offers a non-conventional analysis of the possible outcomes from China's transformation and provides a dialectical understanding of the complexities and underlying dynamics brought about by the rise of modern-day China. The theoretical and methodological approaches will prove useful for students and researchers of development studies and international relations.
China and the 21st Century Crisis
Will China be the epicentre of the collapse of Capitalism?
Coming to Terms with Nature
Can capitalism come to terms with the environment? How do market forces impact on the biosphere? What is the significance of the impasse over the Kyoto protocol? How far has socialist thought developed to help us understand the environmental dilemma? Has it got answers? Can capitalism come to terms with the environment? How do market forces impact on the biosphere? What is the significance of the impasse over the Kyoto protocol? How far has socialist thought developed to help us understand the environmental dilemma? Has it answers? How can class and environmental politics be brought together? What are the shortcomings Green parties and 'green commerce'?
Socialism, Socialist States and Environment
Reclaims the contentious legacy of state socialism in order to build an ecosocialist future
Capitalism on Trial
This volume presents a collection of essays honoring Professor Thomas E. Weisskopf, one of the most prominent contributors to the field of radical economics. Beginning his academic career at Harvard before moving to the University of Michigan at Ann Arbor, Professor Weisskopf has spent the past forty years exploring through highly innovative and rigorous research the questions of economic equality, social justice and environmental responsibility. The chapters in this book reflect the main subjects of Professor WeisskopfÕs work and seek to foster continued innovation in these research areas. The diverse contributions to this volume explore the impressive range of Professor WeisskopfÕs resea...
Profit, Accumulation, and Crisis in Capitalism
By studying Marx's theory predicted long-term movement of the profit rate and its impact on capital accumulation, this book may provide insight into whether the Chinese economy is heading into a crisis as China's profit rate approaches levels that historically were associated with major crises in other capitalist economies.
The Handbook of the Political Economy of Financial Crises
The Great Financial Crisis that began in 2007-2008 reminds us with devastating force that financial instability and crises are endemic to capitalist economies. This Handbook describes the theoretical, institutional, and historical factors that can help us understand the forces that create financial crises.
China on Strike
China has been the fastest growing major economy in the world for three decades. It is also home to some of the largest, most incendiary, and most underreported labor struggles of our time. China on Strike, the first English-language book of its kind, provides an intimate and revealing window into the lives of workers organizing in some of China’s most profitable factories, which supply Apple, Nike, Hewlett Packard, and other multinational companies. Drawing on dozens of interviews with Chinese workers, this book documents the processes of migration, changing employment relations, worker culture, and other issues related to China’s explosive growth.
