Minqi Li's Books

Peak Oil, Climate Change, and the Limits to China's Economic Growth

By: Minqi Li

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Peak Oil, Climate Change, and the Limits to China's Economic Growth

By: Minqi Li

This book studies the limits imposed by the depletion of fossil fuels and the requirements of climate stabilization on economic growth with a focus on China. The book intends to examine the potentials of various energy resources, including oil, natural gas, coal, nuclear, wind, solar, and other renewables, as well as energy efficiency. Unlike many other books on the subject, this book intends to argue that, despite the large potentials of renewable energies and energy efficiency, economic growth eventually will have to be brought to an end as China and the world undertake the transition from fossil fuels to renewable energies. China has overtaken the US to become the world’s largest energy consumer and greenhouse gas emitter. Their energy consumption is dominated by coal and China now accounts for one quarter of the world’s total carbon dioxide emissions. Moreover, China is set to become the world’s largest oil importer in the next decade. This book will consider energy development in the broader context of economic and social changes, especially the historical dynamics of the capitalist world system. Historical lessons of capitalism and socialism will be discussed. The book will evaluate the implications of ecological limits to growth on the economic system and argue that the existing capitalist system is fundamentally incompatible with ecological sustainability.

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Page Count

201

Publisher

Routledge

Published Date

ISBN 10

1317820304

ISBN 13

9781317820307

Profit, Accumulation, and Crisis in Capitalism

Long-term Trends in the UK, US, Japan, and China, 1855–2018

By: Minqi Li

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Profit, Accumulation, and Crisis in Capitalism

Long-term Trends in the UK, US, Japan, and China, 1855–2018

By: Minqi Li

Karl Marx hypothesized that there is a long-term tendency for the profit rate to fall in capitalist economies. Immanuel Wallerstein hypothesized that capitalist development tends to drive up labor cost, material cost, and taxation cost. This book evaluates Marx’s and Wallerstein’s hypotheses by studying the long-term movement of the profit rate and contributing factors in major capitalist economies. During the twentieth century, leading capitalist economies largely succeeded in stabilizing the profit rate. However, the current decline of the profit rate in China may precipitate the global capitalist economy into a new major crisis. As economic growth slows down in all major capitalist economies, Marx’s original hypothesis may be verified by the global economic events in the twenty-first century.

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Page Count

154

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Routledge

Published Date

ISBN 10

0429608292

ISBN 13

9780429608292

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

By: Minqi Li

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

By: Minqi Li

In recent years, China has become a major actor in the global economy, making a remarkable switch from a planned and egalitarian socialism to a simultaneously wide-open and tightly controlled market economy. Against the establishment wisdom, Minqi Li argues in this provocative and startling book that far from strengthening capitalism, China’s full integration into the world capitalist system will, in fact and in the not too distant future, bring about its demise. The author tells us that historically the spread and growth of capitalist economies has required low wages, taxation, and environmental costs, as well as a hegemonic nation to prevent international competition from eroding these requirements. With the decline of the economic power of the United States, its current hegemonic role will deteriorate and the unprecedented growth of China will so erode the foundations of capital accumulation—by pushing wages and environmental costs up, for example—that the entire capitalist system will be shaken to its core. This is essential reading for those who still believe that there is no alternative.

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Page Count

229

Publisher

NYU Press

Published Date

ISBN 10

158367182X

ISBN 13

9781583671825

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

By: Minqi Li

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

By: Minqi Li

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229

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NYU Press

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ISBN 10

158367182X

ISBN 13

9781583671825

Profit, Accumulation, and Crisis in Capitalism

Long-term Trends in the UK, US, Japan, and China, 1855–2018

By: Minqi Li

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Profit, Accumulation, and Crisis in Capitalism

Long-term Trends in the UK, US, Japan, and China, 1855–2018

By: Minqi Li

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Page Count

143

Publisher

Routledge

Published Date

ISBN 10

0429602774

ISBN 13

9780429602771

Profit, Accumulation, and Crisis in Capitalism

Long-Term Trends in the UK, US, Japan, and China, 1855-2018

By: Minqi Li

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Profit, Accumulation, and Crisis in Capitalism

Long-Term Trends in the UK, US, Japan, and China, 1855-2018

By: Minqi Li

Karl Marx hypothesized that there is a long-term tendency for the profit rate to fall in capitalist economies. Immanuel Wallerstein hypothesized that capitalist development tends to drive up labor cost, material cost, and taxation cost. This book evaluates Marx's and Wallerstein's hypotheses by studying the long-term movement of the profit rate and contributing factors in major capitalist economies. During the 20th century, leading capitalist economies largely succeeded in stabilizing the profit rate. However, the current decline of the profit rate in China may precipitate the global capitalist economy into a new major crisis. As economic growth slows down in all major capitalist economies, Marx's original hypothesis may be verified by the global economic events in the 21st century"--

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Page Count

154

Publisher

Routledge

Published Date

ISBN 10

0429058810

ISBN 13

9780429058813

Peak Oil, Climate Change, and the Limits to China's Economic Growth

By: Minqi Li

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Peak Oil, Climate Change, and the Limits to China's Economic Growth

By: Minqi Li

Average ratings

N/A

Write a review

Solve jigsaw puzzle

Age

Page Count

201

Publisher

Routledge

Published Date

ISBN 10

1317820304

ISBN 13

9781317820307

Book's by Minqi Li

Peak Oil, Climate Change, and the Limits to China's Economic Growth

Peak Oil, Climate Change, and the Limits to China's Economic Growth

Profit, Accumulation, and Crisis in Capitalism

Profit, Accumulation, and Crisis in Capitalism

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

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

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

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

Profit, Accumulation, and Crisis in Capitalism

Profit, Accumulation, and Crisis in Capitalism

Profit, Accumulation, and Crisis in Capitalism

Profit, Accumulation, and Crisis in Capitalism

Peak Oil, Climate Change, and the Limits to China's Economic Growth

Peak Oil, Climate Change, and the Limits to China's Economic Growth

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