The State and Capital in China
ISBN 978-3-96317-279-3 (Print)
29,00 € (Print)
ISBN 978-3-96317-821-4 (ePDF)
25,00 € (ePDF)
© Büchner-Verlag, Marburg, erschienen im November 2021.
The State and Capital in China offers a critical interpretation of Chinese recent history, scrutinizing the political and economic turnaround post-1978. It analyzes the dynamics of the party-state system, the de-collectivization of agriculture, the liberalization of the labor market, the rise of private sector, the crucial role of the global market, the new social exploitation, and the prospects for China. In the near future, it will no longer be possible to maintain current gigantic investment levels that feed its high economic growth. Global competition, technological dispute, and the downward pressure of overaccumulation on the rate of profit are all significant limits to Chinese current economic model. The immense inequalities in income and wealth have been fuelling protest and worker strikes, while environmental damage limits natural resources availability. The problems of Chinese capitalism discussed in this book have been exacerbated by the new cold war unleashed by the United States. Building on the theory of uneven and combined development, this book assesses the Chinese development, refusing the economism often present in appraisals of this theme. Worker struggles and progressive forces can benefit from this research on the nature and implications of the transformations in the world’s second largest economy and a new superpower.
Stimmen zum Buch
»The State and Capital in China deals with the economic reforms that took place in the period from December 1978 to the present, covering the era that began with the death of Mao Zedong in 1976. Its main aim is to discuss the question of whether these transformations eventually lead to socialism or just the reestablishment of capitalism. For Renildo Souza, China’s recent history did not follow an inexorable historical path determined by economic necessity. For him, the political decisions engendered within the Chinese Communist Party were crucial to reorienting the socialist system to mercantile production. As will become clear to those who read the entire book, the author considers that other options were open for the renewal of the Chinese socialism. This remarkable book is thus of great importance for scholars and the general public interested in modern China.«
(Eleutério Prado – Full professor of University of São Paulo)