By Samir Amin

Samir Amin rejects the suggestion that the present kind of neoliberal capitalism is an inevitable destiny for humanity. He analyzes trends 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 perhaps emerge to circumscribe American strength, and strength unfastened industry capitalism to regulate to calls for except its slim important monetary common sense. He identifies the major worldwide campaigns that he feels progressives should still release, and warns that there's no substitute to profitable political power.

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Socialism is defined first of all as the emancipation of humanity, and hence as the construction of a general mode of social organization freed from alienating submission to the exigencies of capital accumulation. Socialism and democracy are therefore inseparable from each other. I shall not repeat what I have written elsewhere about the systems in the Soviet world and Maoist China, their original projects and evolution (or deformation), the role of circumstances and pressure to ‘catch up’, or the responsibility of the ideologies of the labour and socialist movement of the Second and Third Internationals.

Without repeating the arguments, it may be useful to summarize them again with reference to the contrasting ideologies of North America and Europe. The former recognizes only two fundamental values: private property and liberty (understood as the liberty to use property free from any constraint). The latter recognizes a value of equality, whose conflict with the value of liberty has to be managed through certain constraints on property (which the French Revolution then replaced with ‘fraternity’).

Each of the historic roads to capitalism (English, French, German, American…) has produced in turn the distinctive contemporary forms peculiar to each of the capitalist societies in question. ) in the core countries of the world system. What are the possibilities for the capitalist road in China today? We have already referred to alliances among the state authorities, big  Beyond US Hegemony? capitalists (still mostly overseas Chinese, but perhaps eventually including a similar class of mainland Chinese), peasants in areas close to booming urban markets, and the fast-rising middle classes.

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