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From the Open-Publishing Calendar
From the Open-Publishing Newswire
Indybay Feature

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

Date:
Thursday, May 21, 2009
Time:
7:00 PM - 9:00 PM
Event Type:
Speaker
Organizer/Author:
Ellen Schwartz
Email:
Phone:
(916) 369-5510
Address:
P.O. Box 160564, Sacramento, CA 95816
Location Details:
Garden Room, Sierra 2 Center, 2791 24th St. (between 3rd Ave. and Castro Way), Sacramento, CA

Taking the subject from his new book of the same name, Li tells us that the spread and growth of capitalism has always required low wages, taxes and environmental costs. It has also required a dominant nation to preserve these conditions in the arena of international competition. With the decline of the economic power of the United States, it will lose that hegemonic role, 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. Minqi Li is assistant professor of economics at the University of Utah. A group discussion will conclude his talk. The Marxist School of Sacramento is the sponsor of this free, public event. Copies of Li's book will be available for purchase.
Added to the calendar on Tue, May 12, 2009 10:47AM
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