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From the Open-Publishing Calendar
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Indybay Feature
View other events for the week of 5/21/2009
The Rise of China and the Demise of the Capitalist World Economy
Date Thursday May 21
Time 7:00 PM - 9:00 PM
Location Details
Garden Room, Sierra 2 Center, 2791 24th St. (between 3rd Ave. and Castro Way), Sacramento, CA
Event Type Speaker
Organizer/AuthorEllen Schwartz
Emailinfo [at] marxistschool.org
Phone(916) 369-5510
AddressP.O. Box 160564, Sacramento, CA 95816
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 Tuesday May 12th, 2009 10:47 AM
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