Anniversary

[Bradford DeLong]

>  <Bradford DeLong>-----
>>  >Would it
>>  >be possible for us to have our standard of living if not for the 
>>exploitation
>>  >of much of the world?
>>
>>  Well, since imports from countries with GDP per capita levels less
>>  than a third of the United States are about 1.5% of GDP, it would be
>>  possible. We'd lose a lot of Chinese-made toys and light consumer
>>  goods. We'd lose a lot of coffee, tea, and cocoa. But the modern
>>  world economy is just not very effective as a device for extracting
>>  surplus-value from impoverished peripheral workers and peasants and
>>  transferring it to the metropole...
>
>where do opec countries stand in your picture ?
>
>jc helary

Except for Iraq, Indonesia, and Nigeria, the big oil producers are 
all relatively rich.