The Rise of China and the Demise of the Capitalist World Economy

by Minqi Li

Description

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 show more world-system.This is an essential text for students of political economy, economics and global politics. show less

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deblemrc 102 reviews

SOme very interesting chapters on development of CHina and the role CHina played in the development of capitalism in the last 40 years. Also an original look at some aspects of Maoism (Great Leap forward; cultural revolution) which shows the other side of the story usually told. Some very oudated chapters on renewable energy.

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