[...]... buy into the idea of China as the next global leader is the fact that it is, for all intents and purposes, still a communist nation with a command economy I am certain that many Marxist scholars would challenge that assertion, just as others would challenge the assertion that China has embraced market capitalism, and both camps would technically be correct in doing so After all, economically, China is... perspective, therein lies the fatal flaw in China s rise as a sustainable economy and as a global power China s government, with all the wealth that has come to China, suffers from a legitimacy crisis amongst the vast majority of its citizens—even among many of the wealthy and middle classes Illegitimacy from the merchant and manufacturing classes is an enormous problem for the CCP Unlike the low and vast labor... size of China s economy grew to be second only to the United States in the world By 2010, China had 85 million cars on the road and had become the manufacturing capital of the world, again surpassing the United States By 2015, there are expected to be 150 million cars on China s roads; the country is already the largest automobile market in the world and is on its way to becoming the global leader in... but also how and why they are driven as they are It will also help illuminate the great flaws and resultant weaknesses and failures of modern China s financial and economic system and of its political culture, as well as the great and terrible implications and causations that it imposes not only on the Chinese people, but also on the very land and natural environs of the part of the planet that China. .. camper van, which was all I had at the time) or forage for a job in the “real world” outside the protective walls of academia I chose the latter It has been quite a winding path, to say the least Fast-forward 20 years, and I have finally written the book that I had wanted to write Though now far removed from graduate school, I have never lost interest in the world at large, nor of watching China as... create market distortions both internally and globally It is also a license for the CCP to ravage the Chinese economy, its resources, and the country as a whole I will show why the Beijing Model is not a market-based model but rather, a model that abuses the market in many ways for short-term advantage and long-term catastrophe But some would surely say that China does in fact use the market— particularly... to attack China, but rather, to focus attention on the dangers that a Chinese collapse poses to itself, to its region, and to the global economy It is true, however, that I hold the CCP responsible for the vast majority of China s problems and massive human tragedies that have befallen the nation since 1949 It is also true that the successful rise of a middle class in China is at least partly due to. .. that I wanted to make it as informative yet easy to read and digest as possible I wanted the book to appeal to the business individual as well as academics and those with a causal interest in what’s evolving in China As a former academic, I am used to academic writing, but the vast majority of the public—including business people and those with a general interest in what’s happening in the world—are... it, the Chinese Communist Party, and competing warlords This made industrialization and modernization progress, which China was striving to achieve, more difficult; it came to a halt altogether once the Japanese invaded China in 1936 From that time until 1945, China was involved in a war of resistance against Japanese aggression and occupation as the Japanese sought natural resources and territory... ought to sound alarm bells loud, clear, and urgent.1 The result of the last global financial crisis, the Great Depression, was the global conflict that became known as World War II However, given our sophisticated and deadly technological age, largescale and protracted warfare, particularly on the scale of a global conflict, is utterly irrational; and yet that is the direction in which much of the world . men- tioned that I wanted to make it as informative yet easy to read and digest as possible. I wanted the book to appeal to the busi- ness individual as well as academics and those with a causal interest. James R. The China crisis : how China s economic collapse will lead to a global depression / James R. Gorrie. pages cm Includes bibliographical references and index. ISBN 97 8-1 -1 1 8-4 707 7-0 . into the idea of China as the next global leader is the fact that it is, for all intents and purposes, still a communist nation with a command economy. I am certain that many Marxist scholars