The Rise of China and the Demise of the Capitalist World-Economy: Exploring historical possibilities in the 21st century Minqi Li

This paper tries to place the rise of China within the current world-historical conjuncture – the age of transition, and examine whether the existing world system can survive the rise of China. Caught between making the unpleasant choice between a global world empire and permanent systemic chaos the paper discusses what might happen in the absence of the rise of China. The rest of this paper evaluates if the hope of the rise of China is likely to be materialized and its likely implications for the existing world system.

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(This article is forthcoming in Science & Society which has the copyright)