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Assessing China’s Future Possibilities in an Unstable Neoliberal World

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Part of the book series: International Political Economy Series ((IPES))

Abstract

This volume brings together chapters focusing on the internal evolution of China’s and India’s labour markets and, taken together, they bear eloquent witness to the power and the ambiguity of the historic transformations occurring in these two societies. We may now draw upon the evidence presented in the book to try to reach defensible on-balance conclusions as to whether these societies are currently on their way to becoming fully employed, high-wage societies in which strong and relatively secure middle classes can anchor stable democratic polities; or whether their current trajectories are more likely to see them fall prey to the tensions and contradictions historically associated with rising inequality, endemic economic instability and increasing social and political conflict.

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Bienefeld, M. (2010). Assessing China’s Future Possibilities in an Unstable Neoliberal World. In: Bowles, P., Harriss, J. (eds) Globalization and Labour in China and India. International Political Economy Series. Palgrave Macmillan, London. https://doi.org/10.1057/9780230297296_12

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