China takes to capitalist road with a vengeance
Cars are the hotest consumer durable in an economy that is overtaking
France in motor production
Jonathan Watts in Beijing
Monday August 18, 2003
The Guardian
The People's Revolutionary Army Museum in Beijing is enjoying its biggest
crowds in years
Yergin and Makovich don't make a lot of sense here, though it all sounds
statesman-like. I'd better try a letter to the Times. I debated
Makovich in Brazilia a couple of years ago. He told the congress that
they'd better speed privatization and also give investors lots of money
or the rationing
- Original Message -
From: "Michael Pollak" <[EMAIL PROTECTED]>
> [They consistently phrase things in such a way as to flatter
> deregulationists. But their bottom line argument seems to be that dereg
> can only work with a government run grid -- in other words, if it is
> considerably
Well, it may have been a naive question, but you are really knowledgeable
about this, and I thank you very much for your reply. Yes, if you have some
refs, by all means post them.
Jurriaan
[They consistently phrase things in such a way as to flatter
deregulationists. But their bottom line argument seems to be that dereg
can only work with a government run grid -- in other words, if it is
considerably regged. Buried in here is a not bad illustration of how real
markets depend on gov
Capitalists are moving the wealth workers have created
(e.g. the means to produce goods) to more lucrative
areas of exploitation where other members of our
class-- poverty stricken workers, to be sure-- sell
their labour time for less. The rat-race is a race to
the bottom. The winners remain rats
From: "michael"
> The point I tried to make suggests that protection might make sense.
Suppose,
> as I suggested, that the protected resource has no alternative economic
uses.
I understand where you're coming from. The point I'm trying to make is that
tariffs are a poor "welfare" measure because
- Original Message -
From: "Jurriaan Bendien" <[EMAIL PROTECTED]>
> Ian,
>
> What do you consider the most compelling argument for Green-style
politics,
> or do you have a ref for me ?
>
> Thanks
>
> J.
=
In terms of a sophomoric sound bite:
Finance capitalism is a pat
A point and some questions about the issue of US manufacturing:
Since productivity gains in manufacturing are greater than in most other
sectors, the relative dollar value of manufacturing output and its share of
GDP inevitably decline. To get a more balanced picture of the status of
manufacturing
Ian,
What do you consider the most compelling argument for Green-style politics,
or do you have a ref for me ?
Thanks
J.
- Original Message -
From: "Martin Hart-Landsberg" <[EMAIL PROTECTED]>
I have a question about the U.S. economy and a comment to make about
FDI to the third world.
We all know the U.S. is running a huge and growing trade deficit.
Moreover, the manufacturing sector has lost jobs for some t
[they're talling about it in Indiana, that could be trouble 4 Dubya]
http://www.thestarpress.com/
Sunday, August 17, 2003
Pensions plundered
By MICHAEL McBRIDE
[EMAIL PROTECTED]
Many companies' pension plans are underfunded by millions of dollars, and
the Bush administration is pushing a plan tha
The point I tried to make suggests that protection might make sense. Suppose,
as I suggested, that the protected resource has no alternative economic uses.
At the same time, the US rice producers get huge subsidies, such as cheap water
in water-scarce California.
Also, recall the theory of the se
About 2:30 the wife pulled up in front of the house, got out of the car with shoes off and looked as if she had been beat on. She did not park the car but signaled for one of the young fellows to park it for her. It's about 12 to 15 of us just hanging out firing up the pits.
"Damn baby, selling d
>BACK PAGE - FIRST SECTION: US pensions sleight of hand is making investors
>nervous
I'd like to see somebody's model of an economic recovery in which mortgage
rates remain eternally low but rates of return on pension assets snap back
smartly to late 1990s boom-time levels. "The anti-gravity gener
Financial Times; Aug 04, 2003
BACK PAGE - FIRST SECTION: US pensions sleight of hand is making investors
nervous
By Norma Cohen and James Mackintosh
"If companies have high return-on-asset assumptions [in their funds] a lot
of these earnings are complete fantasy." Mr Bianco says, adding that e
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