China's increasing power in the global economy is destabilizing the established system. This book analyses the possible historical trajectories of China and the capitalist world-economy in the twenty-first century. Minqi Li examines the future global prospects from the perspectives of Marxism, world-system theories, and ecological limits to growth. He argues that China is likely to exacerbate many of the major contradictions of world capitalism, which could lead to the demise of the existing world-system. This is an essential text for students of political economy, economics and global politics.
Minqi Li teaches economics at University of Utah and has also taught political science at York University, Canada. He is author of The Rise of China and the Demise of the Capitalist World-Economy (Pluto Press, 2008). He turned from an advocate of free market principles into a Marxist and was a political prisoner in China between 1990 and 1992.
List Of Tables List Of Figures Preface: My 1989 1. An Introduction to China and the Capitalist World-Economy 2. Accumulation, Basic Needs, And Class Struggle: The Rise Of Modern China 3. China And The Neoliberal Global Economy 4. Can the Capitalist World-Economy Survive the Rise of China? 5. Profit And Accumulation: Systemic Cycles And Secular Trends 6. The End Of The Endless Accumulation 7. Between The Realm Of Necessity And The Realm Of Freedom: Historical Possibilities for The Twenty-First Century Bibliography Index