the class struggle

Dennis R Redmond dredmond at oregon.uoregon.edu
Thu Feb 17 16:04:21 PST 2000


On Wed, 16 Feb 2000, Yoshie Furuhashi wrote:


> Do you mean to say that the Japanese government can spend its way out of
> worldwide deflationary pressures & the dead end of product-cycle
> industrialization at which Japan has found itself?

Yes.

Toshiba is planning a $3 billion -- er, make that 3 billion EUR -- web-initiative, Fujitsu is getting into systems software, Sony is powering ahead with the Playstation II, Softbank is running riot with Web-ventures, etc. etc. etc. Where is this mythical smokestack Japan you keep talking about?

-- Dennis



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