Ju-chang's "Solution" to SEA's Financial Crisis

Stephen E Philion philion at hawaii.edu
Mon Sep 6 15:43:32 PDT 1999


How do we get from "Is the GDP scientific?" to "The solution to Russia's crisis is more free markets"? I have no problem with discussing what Ju-chang has written, that's why I posted what he wrote. Let's just be honest about what he has written and not hide from it because he is from China or because he has 'language problems', when what he writes in English is the same ideological content as what would appear in his Chinese writing. God, I'm experiencing language problems myself from the looks of that last sentence...

Steve

On Mon, 6 Sep 1999, Doug Henwood wrote:


> Charles Brown wrote:
>
> >Gee, is everybody on LBO a Marxist ? Coulda fooled me. I thought
> >non-Marxist economics was discussable on this list.
>
> Absolutely.
>
> >I'm not even sure that Doug Henwood terms himself a Marxist economist.
>
> I'm not an economist!
>
> As for the Marxist label, my first instinct is to say "depends on
> who's asking." But if I had to make what the pollsters call a forced
> choice, yes or no, then yes, unlike Marx, I'm a Marxist.
>
> > He certainly seems to discuss economics from the standpoint of
> >Keynes sometimes.
>
> As I've probably said too many times, I think Keynes is the best
> economist the bourgeoisie has produced in the 20th century, and he
> has to be taken seriously by anyone considering him-/herself a
> Marxist, just as Marx himself took Smith and Ricardo very seriously.
>
> >Then Hayek is discussed all the time.
>
> Nothing wrong with that.
>
> Doug
>
>



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