This volume examines how globalization and transnational capitalism have reshaped the terrain and parameters of social, economic, and political relations - both at the national and the global levels - and how the relations of domination and subordination are reproduced in new forms beyond national borders. It discusses the essential question on whether the resilient hegemony of transnational capitalism can be possibly reproduced, containing alternative systems of organization. The book can be heuristically summarized by the Chinese words for "crisis," which is made up of two syllables - Wei...

The rise of China has had a transformative impact on almost all areas of global political, economic and social life, and raises some very important questions: Will the rise of China lead to the sinicisation of the international regime and the liberal order through the process of its historical transformation from being in a semi-periphery position to becoming part of the core of the capitalist world system? Will China be a cooperative actor or a disruptive one? A force for continuity or a force for change? Is China displaying an alternative development model to all other developing countries?...