Book launch: Socialist Economic Development in the 21st Century

We are excited to be co-hosting, with the International Manifesto Group, this online book launch for the English version of Socialist Economic Development in the 21st Century, by Elias Jabbour and Alberto Gabriele.

Date: Saturday 28 May 2022
Time: 9am US Eastern, 9pm China, 2pm Britain
Location: Zoom and YouTube
Registration: Eventbrite

In this launch event for the English-language edition of ‘Socialist Economic Development in the 21st Century’, authors Elias Jabbour and Alberto Gabriele are joined by several experts in Marxist political economy from China, Britain and Canada to discuss the book’s central thesis: that, a century since the first socialist revolution broke the global monopoly of capitalism, socialist economic construction continues to offer the most viable alternative to the globalized capitalist crisis. We will pay particular attention to the achievements, complexities and contradictions of the evolving model of socialist economic development in China, Vietnam and Laos. This panel is jointly organised by the International Manifesto Group and Friends of Socialist China.


Elias Jabbour is Adjunct Professor at the Faculty of Economic Sciences, Postgraduate Programs in Economic Sciences, and International Relations at the State University of Rio de Janeiro. He is co-author of Socialist Economic Development in the 21st Century.

Alberto Gabriele is a Senior Researcher at Sbilanciamoci, Rome, Italy. He is co-author of Socialist Economic Development in the 21st Century.

John Ross, Senior Fellow at Chongyang Institute for Financial Studies, Renmin University of China. Since 1992, and the publication in Russia of his ‘Why the Economic Reform Succeeded in China and Will Fail in Russia and Eastern Europe, ’he is the author of over 500 published articles on China’s economy and geopolitical relations. He has more than one million followers on Weibo, the Chinese equivalent of Twitter. His articles on China’s economy have won several prizes in China. He is author of two best-selling books published in Chinese ‘ –The Great Chess Game ’and ‘Don’t Misunderstand China’s Economy’. His new book in English ‘China’s Great Road ’is published this month.

Radhika Desai is a Professor at the Department of Political Studies, and Director, Geopolitical Economy Research Group, University of Manitoba, Winnipeg, Canada. She is the author of Geopolitical Economy: After US Hegemony, Globalization and Empire (2013)Slouching Towards Ayodhya: From Congress to Hindutva in Indian Politics (2nd rev ed, 2004) and Intellectuals and Socialism: ‘Social Democrats’ and the Labour Party (1994), a New Statesman and Society Book of the Month, and editor or co-editor of Russia, Ukraine and Contemporary Imperialism, a special issue of International Critical Thought (2016), Theoretical Engagements in Geopolitical Economy (2015), Analytical Gains from Geopolitical Economy (2015), Revitalizing Marxist Theory for Today’s Capitalism (2010) and Developmental and Cultural Nationalisms (2009).

Mick Dunford is an Emeritus Professor, University of Sussex, Visiting Professor, Chinese Academy of Sciences, Managing Editor, Area Development and Policy.

Cheng Enfu (video recording and with Liu Zixu’s assistance) is an academician at the Chinese Academy of Social Sciences (CASS), Director of the Research Center for Economic and Social Development (CASS), principal professor at the University of the Chinese Academy of Social Sciences, President of the World Association for Political Economy, president of Chinese Society of Foreign Economic Theories, and member of the People’s Congress of China.Cheng Enfu spoke through his translator, Zixu Liu.

Prof. Peng Zhaochang taught at Rollins College in the US before going back to China and now working at Fudan University in Shanghai. He received his Ph.D. from UMass Amherst where Prof. David Kotz was his chief adviser.

Michael Roberts worked as an economist in the City of London for various financial institutions for over 40 years – in the heart of the beast! He has written several books including: The Great Recession – a Marxist view (2009); The Long Depression (2016); Joint ed: World in Crisis (2018); Marx 200 (2018); and Engels 200 (2020). He is joint author with G Carchedi of a forthcoming book published this summer by Pluto Press: Capitalism in the 21st century – through the prism of value.

Moderator – Jenny Clegg an independent writer and researcher, a long time China specialist, and a lifelong member and now a vice-President of SACU. A former Senior Lecturer in International and Asia Pacific Studies, her published work includes China’s Global Strategy: towards a multipolar world, Pluto Press, 2009). She is active in the peace and anti-war movement in Britain

One thought on “Book launch: Socialist Economic Development in the 21st Century”

  1. Casually pick a chapter title: “NDRC and SASAC: a quantum leap in China’s planning and governance capabilities.” The National Development and Reform Commission and the State-owned Assets Supervision and Administration Commission are instruments of capitalism, not socialism. Decades ago China dropped the allocation of investment according to an overall plan, in favor of capitalist entities fighting for the most profit. Some of those entities are private corporations, some are state-owned firms (SOEs). They all go for profit. The NDRC does industrial guidance, something like Japan and Frnce after World War Two. SASAC holds shares in SOEs, wheeling and dealing and brokering arrangements among different sections of state capitalists. In short, NDRC and SASAC express China’s quantum leap from socialist planning to capitalism with all its polarization between rich and poor, its export of capital for imperialist profit, and its increasing financialization.

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