On Sat, 27 Sep 1997, Dennis R Redmond wrote: > > But what about the 2.5 billion people of Thailand, Malaysia, Chile, > Vietnam, Indonesia, and the vast subcontinents of India and China, all of > which have seen enormous economic growth from 1985-95? Decline in > capitalism is always relative to the productive forces being unleashed > somewhere else in the world-system. > I left China out because it is--still--a socialist country. My point is still basically valid. Except for Asia, the Third World has been experiencing economic crisis over the ten years cited. There are no capitalist "miracles" in sub-Saharan Africa. Chile experienced greater growth under Allende than it did under Pinochet. Leaving aside the question of growth per se, the real question is capital formation. Indonesia and the "tigers", etc. will never join the first rank of imperialist nations. This is historically precluded. Louis P.
