Anthony D'costa wrote:

> In a nutshell the US has the most "conducive" sets of institutional
> arrangements for the reproduction and expansion of capital in today's
> highly competitive world economy.

If Anthony means that the U.S. has been effective in smashing organized labor
and quelling resistence from workers, then I would have to agree.  Our system
is the envy of capitalists in Europe.--
Michael Perelman
Economics Department
California State University
Chico, CA 95929

Tel. 916-898-5321
E-Mail [EMAIL PROTECTED]




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