For the capitalist world-economy, the problem of China lies with its huge size. China has a labor force that is larger than the total labor force in all of the core states, or that in the entire historical well0to-do semi-periphery. As China competes with the well-to-do semi peripheral states in a wide range of global commodity chains, the competition eventually would lead to the convergence between China and the historical well-to-do semi-peripheral sates in profit races and wage rates. This convergence may take place in an upward manner or a downward manner.
Li MinqiRelated topics
capitalist convergence entire force historical labor lead peripheral place problem profit size take wide chains semi global lies StatesRelated quotes
It ought to be remembered that there is nothing more difficult to take in hand, more perilous to conduct, or more uncertain in its success, than to take the lead in the introduction of a new order of things. Because the innovator has for enemies all those who have done well under the old conditions, and lukewarm defenders in those who may do well under the new. This coolness arises partly from fear of the opponents, who have the laws on their side, and partly from the incredulity of men, who do not readily believe in new things until they have had a long experience of them.
Niccolò Machiavelli
The difficulty in understanding the Russian is that we do not take cognizance of the fact that he is not a European, but an Asiatic, and therefore thinks deviously. We can no more understand a Russian than a Chinaman or a Japanese, and from what I have seen of them, I have no particular desire to understand them, except to ascertain how much lead or iron it takes to kill them. In addition to his other Asiatic characteristics, the Russian have no regard for human life and is an all out son of bitch, barbarian, and chronic drunk.
George S. Patton
The demons start the warfare in the imagination; they cultivate it with thoughts; they defile the nous, they take it down into the heart; and they make both the soul and the body filthy. What decides a person's entire progress or failure is whether he gives in to or resists the attacks of the imagination. If he makes the mistake of beginning a dialogue with the sinful assault and accepting the devil's garbage by his own consent, what will follow are falls of the sould, mind, heart, and body. As a result, the passion will take him captive.
Seraphim Rose
A solution of newly appearing economic problems, and in particular those connected with the scientific-technical revolution often cannot be based on existing methods but needs new ideas and approaches. Such one is the problem of the protection of nature. The problem of economic valuation of technical innovations efficiency and rates of their spreading cannot be solved only by the long-term estimation of direct outcomes and results without accounting peculiarities of new industrial technology, its total contribution to technical progress.
Leonid Kantorovich
[The right] may never bring prayer back to schools, but it has rescued all manner of rightwing economic nostrums from history's dustbins. Having rolled back the landmark economic reforms of the sixties (the war on poverty) and those of the thirties (labor law, agricultural price supports, banking regulation), its leaders now turn their guns on the accomplishments of the earliest years of progressivism (Woodrow Wilson's estate tax; Theodore Roosevelt's anti-trust measures). With a little more effort, the backlash may well repeal the entire twentieth century.
Thomas Frank