> the main purpose of 'global
> capitalism' is the transfer of resources from the periphery to the core,
> and establishing kleptocracies in the periphery does not seem to be a very
> efficient way of accomplishing that transfer.
>
Wojtek, your posts on Russia in the past few days have been tremendous
and one in particular on externalities, is one to treasure forever.
But exaclty why is establishing kleptocracies inefficient? I should say it is fantastically efficient, especially in an era of deflation and chronic overproduction of capital, when no alternative 'developmental' scenario exists.
-- Mark Jones http://www.geocities.com/~comparty