>From: Doug Henwood <dhenwood at panix.com>
>> Carrol Cox wrote:
>> >It is also why capital (if not destroyed) will destroy the human
>> >species.
>>
>> The only thing wrong with this quasi-syllogism is that the marginal
>> return in the developed nation is >0%, which is why about 2/3 of FDI
>> goes to developed countries (and the remainder is concentrated in
>> only about 10 "developing" countries). So while capitalism may
>> destroy the human species, this isn't sufficient proof.
>
>I agree with Doug, but why "developing" is in inverted commas?
Because it's an optimistic euphemism that hides maldevelopment, subordination, and the long-term failure to narrow the north-south income gap.
Doug