The Press and SE Asia

Charles Brown CharlesB at
Thu Oct 1 08:13:22 PDT 1998

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. _______________


Japan does not sound like a fully capitalist system domestically.

Charles Brown

>From the market to the Marxit

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