> > <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.