Rise of China and the Demise of the Capitalist World-economy
▻http://digamo.free.fr/minqili08.pdf
Li Minqi - Wikipedia
▻https://en.wikipedia.org/wiki/Li_Minqi
In 1994, he authored the book Capitalist Development and Class Struggle in China,[5] which consisted of an analysis of the economic development of China in the Maoist era and the 1980s, as well as a Marxist analysis of the 1989 “democratic movement”, arguing that it was not a popular democratic movement and was abandoned by the liberal intellectuals, led to the physical and ideological slaughter of the urban working class, and led to a victory of the bureaucratic capitalists. He attempted to show that this paved the way for China’s transition to Capitalism. He criticized neoliberal economics and its relation to economic rationality, inherent contradictions between democracy and capitalism, and the social and material conditions that had led to China’s rise with a conclusion focusing on a criticism of state-capitalism and advocating democratic socialism.