Hang Seng remains over 10,000

[Louis Proyect]

Chris Burford:
>(Note that I have never said that there is not a severe recession in Hong
>Kong, nor that Hong Kong capitalism is particularly gentle and beneficent).

This is sheer idiocy. Capitalism is a world system. No generalizations can
be made about Hong Kong unless you trace its historical roots in the global
banking system. The "success" of places like Hong Kong or Switzerland are
dialectically related to the failure of Indonesia and the former Yugoslavia.

Louis Proyect
(http://www.panix.com/~lnp3/marxism.html)