Banks, Bucks and Bolsheviks

Henry C.K. Liu hliu at mindspring.com
Wed Mar 10 15:20:52 PST 1999


Yes, like synthetic and packaged foods, windowless bathrooms and kitchens, and 400 sq. ft. apartments for families with 4 children, that are livable only with air conditioning which cost 60% of one's income to rent. Better is a problematic word.

Henry

Doug Henwood wrote:


> Dennis R Redmond wrote:
>
> >Not so awful right now, at the peak of the business cycle, but overall
> >investment rates in the 1990s are noticeably lower in the US compared to
> >the EU or East Asian countries. Which isn't the same thing as prospering,
> >of course -- Thailand and South Korea had 35% investment rates in the
> >mid-Nineties and got clobbered for their pains. Also, much of that
> >investment is hideously toxic to people and the planet. In the total
> >system, you're damn if you're underdeveloped, and even more damned if
> >you're overdeveloped.
>
> Though the food, plumbing, & climate control are better when you're
> overdeveloped.
>
> Doug



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