Virtual Polibureau Debate

Dennis R Redmond dredmond at OREGON.UOREGON.EDU
Wed Nov 25 01:11:09 PST 1998


On Tue, 24 Nov 1998, Henry C.K. Liu wrote:


> Any policy proposals for China from marxist economists?

Well, aside from the obvious ones of keiretsu-izing your industries and banks, building a developmental state, and taxing the hell out of imports (and note that China's stock-buying spree in Hong Kong has now effectively created a whole set of keiretsu where none existed before), there is the small matter of persuading Japan to bail out Asia and finance the Long Boom of 2000-2025. But then, who are we socialists to be lecturing to Japan Inc., past and present master of bailout socialism...

-- Dennis



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