No, high wages came about as industries absorbed labor. So labor
repression worked initially but it didn't later. If my memory serves me
right Korean wages were growing at very high rates throughout the 70s and
80s. Further, Jim is right that it wasn't classic Lat Am style ISI, but
Korea did ha
I'd said:
>It's awful, but I guess it beats slavery or feudalism. But it's
also
>a deeply contradictory system, producing wealth and possibility
>alongside poverty and oppression.
Doug
Yes, you had but I still think you sometimes appear as
appreciating the booms. Well, at least, this is my perc
Sabri Oncu wrote:
>Don't forget that this is not just a temporal/historical but also
>a spatial/geographical system. Even at times of capitalist booms,
>although the boom lifts some boats in certain locations, other
>boats sink in certain other locations. I would say whether you
>appreciate or ha
>From: Sabri Oncu <[EMAIL PROTECTED]>
>
>Don't forget that this is not just a temporal/historical but also
>a spatial/geographical system. Even at times of capitalist booms,
>although the boom lifts some boats in certain locations, other
>boats sink in certain other locations. I would say whether
Doug,
I don't think anyone here would argue that when faced with a
choice between less misery and more misery, people would chose
less misery. By the way, I am using the word misery in its daily
form without any theoretical connotation and mention this so that
I don't find myself in a long debate
- Original Message -
From: "Doug Henwood" <[EMAIL PROTECTED]>
>A friend of mine who spent a few
> years as a reporter in Vietnam interviewed Nike workers who
told her
> that they prefer their sweatshop jobs to what they would have
been
> doing otherwise - things like chasing rats in ric
you write:
> ...IsnĀ“t "infant-industry promotion, buttressed by trade restrictions" the
only way any country has ever industrialised ,including all of Southeast
Asia and India, or am I way off here?<
I don't think S. Korea, Taiwan, or Japan made it as far as they did based on
import substitution
Sabri Oncu wrote:
>Let me ask you a direct question: Is it your point that
>capitalism is not as bad a system as some of us here think it is?
It's awful, but I guess it beats slavery or feudalism. But it's also
a deeply contradictory system, producing wealth and possibility
alongside poverty a
Charles J. writes: > the US cheap dollar/strong yen policy has pushed China
into the fore as huge exporter to both the US and Japan<
huh? the US$ has been soaring since the mid-1990s. How could it be "cheap"?
Are you saying that the Yen is even stronger?
JDevine
On Monday, March 4, 2002 at 18:56:42 (-0500) Doug Henwood writes:
>Michael Perelman wrote:
>
>>Wasn't Wade's point that much of the increase in inequality was within
>>countries rather than between them?
>
>Well yeah, but there's a tendency in left discourse to bracket out
>China, except to talk
On Monday, March 4, 2002 at 18:57:45 (-0500) Doug Henwood writes:
>Devine, James wrote:
>
>>In all of these income numbers, are non-market sources of subsistence
>>measured? Is it possible that measured and reported gains in market income
>>are cancelled out if one subtracts the effects of the abo
> the same questions apply. I know growth is
> so much less fun than crisis, but maybe a few words...
>
> Doug
Hi Doug,
Let me ask you a direct question: Is it your point that
capitalism is not as bad a system as some of us here think it is?
Sabri
- Original Message -
From: "Doug Henwood" <[EMAIL PROTECTED]>
To: <[EMAIL PROTECTED]>
Sent: Monday, March 04, 2002 3:57 PM
Subject: [PEN-L:23500] Re: RE: Wade vs Wolf
> Devine, James wrote:
>
> >In all of these income numbers, are non-market sources
See UNU/WIDER paper by Cornia and Court (2001) "Inequality, Growth and
Poverty in the Era of Liberalization and Globalization) on these issues.
Cheers, Anthony
Anthony P. D'Costa
Associate Professor
Devine, James wrote:
>In all of these income numbers, are non-market sources of subsistence
>measured? Is it possible that measured and reported gains in market income
>are cancelled out if one subtracts the effects of the abolition of the
>availability of non-capitalist means of subsistence (the
Michael Perelman wrote:
>Wasn't Wade's point that much of the increase in inequality was within
>countries rather than between them?
Well yeah, but there's a tendency in left discourse to bracket out
China, except to talk about sweatshops and political repression. The
U.S. recession has gotten
Wasn't Wade's point that much of the increase in inequality was within
countries rather than between them?
On Mon, Mar 04, 2002 at 06:28:13PM -0500, Doug Henwood wrote:
> Ian Murray wrote:
>
> >However, this result comes from fast growth
> >in China and India. If they are excluded this measure o
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