Wednesday May 06, 2009
The Rise of China and the Demise of the Capitalist World Economy
Seth Sandronsky
Truthout
A bit like Malcom X, author Minqi Li used prison time to read widely. The latter studied radical political economy for two years when Chinese leaders locked him up for a critical public speech after the Tiananmen upsurge in 1989. That was then. He is an author and assistant professor of economics at the University of Utah now. Li's "The Rise of China and the Demise of the Capitalist World Economy" is a must-read for all concerned with the future of the earth and its people.
Throughout the book, Li employs a term from world-system theorist Immanuel Wallerstein, the "endless accumulation of capital." That process has spread outward from Western Europe over the past four-plus centuries.
read full story
Posted in: by bubblejam at 05:21 AM | Comments (0) | Email This Entry