[lbo-talk] pain & development

[kjkhoo at softhome.net]

At 1:49 PM -0800 1/11/03, dredmond at efn.org wrote:
>Most of the 20th century's economic success stories (Taiwan, South Korea,
>China, Malaysia) were the product of a socialistic state apparatus cracking
>down hard on capital, investing in brain cells, rigging local markets to
>succeed against fierce global competition, etc. The secret of the 
>developmental
>state is "No brain, no gain".

The examples given, other than China, would require that by 
"socialistic state apparatus" you simply mean an authoritarian state.

"cracking down hard on capital"? I would really like to have some 
references to indicate that this was indeed Malaysia's policy. More 
like cracking down hard on labour!

kj khoo