China and the Twenty-first-Century Crisis

Minqi Li

Published by Pluto Press, 2015
ISBN 10: 0745335381 / ISBN 13: 9780745335384
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Synopsis: Most discussions of the global financial crisis take the United States as their focus, both for analyzing what went wrong and for making plans to avoid similar mistakes in the future. But that may not be the case next time: as Minq Li argues convincingly in China and the Twenty-first-Century Crisis, by the time of inevitable next crisis, China will likely be at the epicenter.
 
Li roots his argument in an analysis of the political and economic imbalances in China that would exacerbate a crisis, and possibly even precipitate a full collapse—and he shows in detail the reasons why that collapse could happen much more quickly than anyone imagines. Writing from a Marxist and ecologically oriented perspective, Li shows unequivocally that the limits to capitalism are fast approaching, and that events in China—essentially the last great frontier for capitalist expansion—are likely to be pivotal.

About the Author: Minq Li teaches economics at the University of Utah and is the author of The Rise of China and the Demise of the Capitalist World-Economy, also published by Pluto.

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Title: China and the Twenty-first-Century Crisis
Publisher: Pluto Press
Publication Date: 2015
Binding: Paperback
Book Condition: Good

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Book Description PLUTO PRESS, United Kingdom, 2015. Paperback. Condition: New. Language: English. Brand new Book. The USA is widely seen as the country at the centre of the recent economic crash. But will this be the case the next time the system goes into shock? This book analyses how the political and economic imbalances in China will exacerbate system collapse, and how this could happen much sooner than we imagine, possibly within a decade.By looking at the big questions of class struggle, global economic imbalances, peak oil, climate change and political power play, Minqi Li argues that by the time of the next crisis, China will be at the epicentre of these contradictions.China is the last large region, and source of cheap labour, into which capital could expand: the system is at its limits. By combining this argument with issues surrounding the planet's ecological limits and the internal politics of the Chinese Communist Party, Li commands a narrative of China at a pivotal, and possibly apocalyptic stage. Seller Inventory # AAZ9780745335384

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