China and Socialism: Market Reforms and Class Struggle - Softcover

Hart-Landsberg, Martin; Burkett, Paul

3.52

25 ratings by Goodreads

9788187879800: China and Socialism: Market Reforms and Class Struggle

Softcover

ISBN 10: 8187879807 ISBN 13: 9788187879800

Publisher: Aakar Books, 2006

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China is the fastest-growing economy in the world today. For many on the left, the Chinese economy seems to provide an alternative model of development to that of neoliberal globalization. Although it is a disputed question whether the Chinese economy can be still described as socialist, there is no doubting the importance for the global project of socialism of accurately interpreting and soberly assessing its real prospects.

China and Socialism argues that market reforms in China are leading inexorably toward a capitalist and foreign-dominated development path, with enormous social and politcal costs, both domestically and internationally. The rapid economic growth that accompanied these market reforms have not been due to efficiency gains, but rather to deliberate erosion of the infrastructure that made possible a remarkable degree of equality. The transition to the market has been based on rising unemployment, intensified exploitation, declining health and education services, exploding government debt, and unstable prices.

At the same time, China's economic transformation has intensified the contradictions of capitalist development in other countries, especially in East Asia. Far from being a model that is replicable in other Third World countries, China today is a reminder of the need for socialism to be built from the grassroots up, through class struggle and international solidarity.

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Review:

There is a disinformation campaign about the attitude of workers and peasants regarding the present state of affairs in China. The authors have cited considerable evidence suggesting that workers and peasants are increasingly restive about the relative, and in many cases, absolute, fall in their living standards, and they have begun conscious struggles against the alliance of the bourgeosie and the state. --Frontier

Synopsis:

Argues that markets reforms in China are leading toward a capitalist and foreign dominated development path, with enormous social and political costs, both domestically and internationally.

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