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Beyond US Hegemony?: Assessing the Prospects for a by Samir Amin

By Samir Amin

Samir Amin rejects the inspiration that the present kind of neoliberal capitalism is an inevitable destiny for humanity. He analyzes traits in the US, Europe and Japan, the emerging powers of China and India, the most likely destiny trajectory of post-Soviet Russia, and the constructing international. He explores no matter if different hegemonic blocs may possibly emerge to circumscribe American strength, and strength unfastened marketplace capitalism to regulate to calls for except its slender imperative fiscal common sense. He identifies the most important worldwide campaigns that he feels progressives should still release, and warns that there's no substitute to successful political power.

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The basic question to be asked is the same as in , when China, under Deng Xiaoping, began its turn to that form of ‘market economy’ The Rise of China  which has led it to where it is today. Ten years before the disappearance of the USSR, I was already asking this question on the basis of a critique of the Soviet model of so-called ‘actually existing socialism’. The question is still open today, and it will certainly remain so for a long time to come. But it has to be – or should be – a central preoccupation for anyone who does not identify capitalism with some human rationality present throughout or ‘at the end of’ history, and who therefore remains eager to think beyond the system, to the exigencies and possibilities involved in the building of a new, and superior, socialist society.

The first option is what I describe as ‘delinking’, which means not autarky but refusal to bow to the dominant logic of the world capitalist system; the  Beyond US Hegemony? second option is one of inevitably passive adaptation (even if it is called ‘active insertion’) to the demands of integration into the global system. If China remains stuck with the option chosen by those in power today, its growth rates will tail off until they reach the level of India’s. The central question is therefore whether China is evolving towards a stable form of capitalism, or whether the perspective still exists of a transition to socialism.

No less crude is the supposed opposition between ‘normal capitalism’ (a Weberian ideal type) and ‘popular capitalism’ (a much-touted type based on widespread ownership of property, where citizens are at once workers, shareholders and homeowners). Beyond all its variants and varieties, whether in the past or future, core or periphery, capitalism always denotes a society (not only an economy) in which economistic, market-centred alienation is the intrinsic condition governing its subordination to the exigencies of accumulation.

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