No Megalomania in Capitalism (was Re: seth & defusing korea

J. Barkley Rosser, Jr. rosserjb at jmu.edu
Wed May 31 11:35:34 PDT 2000


Michael,

However, in the one Hyundai plant that is in operation on DPRK soil, the workers are kept from interacting with anybody from the company. They deal through intermediaries appointed by the DPRK government. Barkley Rosser -----Original Message----- From: Michael Hoover <hoov at freenet.tlh.fl.us> To: lbo-talk at lists.panix.com <lbo-talk at lists.panix.com> Date: Tuesday, May 30, 2000 7:55 PM Subject: Re: No Megalomania in Capitalism (was Re: seth & defusing korea


>> Unifying the two Koreas on capitalist terms should help the ruling
>> class, I think. A large number of North Koreans will be left to fend
>> for themselves in the labor market, pushing up the unemployment rate.
>> Downsizing North Korean megalomania (= bloated employment &
>> inefficient production, making goods that could be far more cheaply
>> produced elsewhere) in favor of greater profits.
>> Yoshie
>
>lbo-ers who have expressed so much concern for/about NK should be pleased
>to hear about current 'developments': Fiat & company owned by Rev. Moon
>investing in auto plant, Japanese/US/SK consortium building light-water
>nuclear reactors, Hundai building multi-billion dollar industrial park,
>embassy opened in Rome & consulate in HK, likely Australian, Canadian,
>French investment, interest in joining ASEAN & APEC.
>
>One of first things to go will probably be NK's film industry. DPRK has
>film industry? Yep, as folks attending Udine Film Festival in Italy
>found out recently. Of course, what was once called socialist realism
>has long been relegated to status of propaganda in West (Hollywood, on
>other hand, churns out 'entertainment' and 'escape', no propaganda there).
>Screening of eight NK films is part of country's opening to 'outside'
>world. Themes include 'model worker' romance and socialist martial arts
>(based on life of Korean Robin Hood, Hong Kil Dong). Michael Hoover
>



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