Rise of China and the Demise of the Capitalist World-economy

Minqi Li has accomplished something different and very important. He has placed the 'rise of China' from the Mao era to today in the context of the history of the entire world-system. He makes a persuasive case that the very success of capitalist methods in China has so overloaded the capacities for accumulation of the world-system as a whole that this rise has become a major factor in the coming demise of the world capitalist system. This is a book which explains much that seems a puzzle and challenges the received opinion of many analysts. It should be read by all concerned persons." Immanuel Wallerstein'A thought-provoking account of human economic and social evolution. Minqi Li considers the consequences of the entry of China into the global capitalist system, in light of the challenges facing human society from economic, political, and environmental constraints. This book makes a major contribution to the debate over how human society can surmount these challenges while continuing to make social progress.