Paper $28.00 ISBN: 9780745335384 Published November 2015 For Sale in All Americas and the Caribbean except Canada
Cloth $100.00 ISBN: 9780745335377 Published November 2015 For Sale in All Americas and the Caribbean except Canada

China and the Twenty-first-Century Crisis

Minqi Li

China and the Twenty-first-Century Crisis

Minqi Li

Distributed for Pluto Press

176 pages | 5 1/3 x 8 1/2 | © 2015
Paper $28.00 ISBN: 9780745335384 Published November 2015 For Sale in All Americas and the Caribbean except Canada
Cloth $100.00 ISBN: 9780745335377 Published November 2015 For Sale in All Americas and the Caribbean except Canada
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.
Contents
1. China and the 21st Century Crisis
2. China: Classes and Class Struggle
3. Economic Crisis: Cyclical and Structural
4. The Capitalist World System: The Limit to Spatial Fix
5. The Next Economic Crisis
6. Climate Change, Peak Oil, and the Global Crisis
7. The Unsustainability of Chinese Capitalism
8. The Transition
Bibliography
Index
Review Quotes
Choice
"In this thought-provoking book, Li argues that global capitalism is in danger. The author discusses the class struggle in China, essentially the competition between labor and capital for a larger share of income, and predicts a major economic crisis in China in the coming years. Highly recommended."
John Bellamy Foster, University of Oregon
“At the moment that the whole world is suddenly wondering about the unsustainability of the Chinese economy and beginning to recognise that China is increasingly at the centre of the crisis of our times, Minqi Li has produced a book that argues exactly that. Moreover, he does so with a breadth that goes beyond most economic analyses, encompassing the interconnected economic and ecological crises of our time. China and the Twenty-First-Century Crisis is an important, timely, and bound to be influential work.”
Martin Hart-Landsberg, Lewis and Clark College
“This is a must read for anyone seeking to understand the workings of global capitalism. In a clear and concise fashion Minqi Li explains the importance of Chinese economic dynamics to contemporary global capitalist stability and why the growing class and ecological contradictions undermining Chinese capitalism likely means we are heading into a new period of sustained global crisis. The need for system change has never been clearer.”
For more information, or to order this book, please visit http://www.press.uchicago.edu
Google preview here