[lbo-talk] RE HOW THE ANTI-WAR MOVEMENT IS BLOWING IT:

Doug Henwood dhenwood at panix.com
Sun Nov 2 19:04:22 PST 2003


joanna bujes wrote:


>They're net exporters of capital, they're arms markets, they're
>dumping grounds, they're sources of cheap labor and raw materials;
>they give the military practice opportunities.

These are all true, but how important are they to profit-making in general? Total debt service was around $380 billion in 2001 (latest year availailable) - that compares to about $40-50 trillion total world product, $10-11 trillion U.S. alone.

Doug



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