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

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 was a political prisoner in China between 1990 and 1992. He teaches economics at the University of Utah and has also taught political science at York University, Canada.