The Press and SE Asia

[Charles Brown]

Doug writes:
Yeah, more or less. Unemployment numbers can be unreliable, since workers
can drop out of the labor force if they despair of finding work, and so no
longer appear in the denominator of the unemployment formula. But there's
been no significant decline in employment in Japan - the
employment/population ration, for example, has been remarkably flat, even
for women, who in the past have been sent home in tough times. Ordinary
Japanese have felt almost no impact from the supposed depression, and many
are even taking joy in the suffering of the financiers.
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Charles:

Japan does not sound like a fully capitalist
system domestically.

Charles Brown


>From the market to the Marxit