Ju-chang's pot

J. Barkley Rosser, Jr. rosserjb at jmu.edu
Mon Sep 6 10:07:54 PDT 1999


Ju-chang,

I have not read your website and so will not comment on your recommendations or their alleged lack of consistency. However, I shall make a final point about your complaints about GDP.

I would note that virtually every nation in the world, with the possible exception of a couple of places like Somalia that are in complete anarchy, make some kind of effort to measure aggregate output, whether they call it GDP, GNP, or "social product," or whatever. The differences between these are largely matters of detail and none of them address distribution of income. I would note that this list of countries includes all of the "actually existing (formerly) socialisms" of the world in this century, from the USSR under all its rulers through the PRC under Mao, Deng, et al, through Yugoslavia, North Korea, East Germany, Cuba, etc. etc. etc.

Were all these states attempting to hoodwink their workers with a bourgeois concept by doing so? I think not. Aggregate output, however you measure it, is something of considerable importance for many reasons, as the leaders of any nation that has fought a serious war understands.

If one wants to look at income distribution, then look at the measures that show it. Barkley Rosser James Madison University -----Original Message----- From: chang <chang at public.shenzhen.cngb.com> To: lbo-talk at lists.panix.com <lbo-talk at lists.panix.com> Date: Sunday, September 05, 1999 7:19 PM Subject: Re: Ju-chang's pot


>Date: Sunday, September 05, 1999 7:35 AM Stephen E Philion wrote:
>
>>Ju-chang,
>>
>>This is the pot calling the kettle black I should say. You're the one
>>recommends to the South East Asian countries that they employ more
>>free markets to resolve the problems they have faced since the Asian
>>Financial Crisis began. Pretty nervy then calling Seth bourgeois
>>
>>Steve
>
>
>Yes, I recommend to the South East Asian countries that they employ more
free
>markets. But I also say that the government can make regulation and give
guidance
>of market.
>
>Sincerely,
>Ju-chang He
>
>SHENZHEN, P.R. CHINA
>Welcome to My Homepage
><http://sites.netscape.net/juchang/>
>
>



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