On Thu, 19 Aug 1999, Doug Henwood wrote:
> It's odd to fight a deflation/depression by prohibiting investment,
> since depressions are usually characterized by a collapse in
> investment, which every capitalist policymaker wants to prevent.
They seem to think their problem is over-production, so they'll solve it by limiting production. It sounds vulgar Marxist with a vengeance. Perhaps that means that Zhu Rongji really isn't in charge anymore.
Michael
__________________________________________________________________________ Michael Pollak................New York City..............mpollak at panix.com