[lbo-talk] Superprofits

Luke Weiger lweiger at umich.edu
Tue Nov 4 18:24:33 PST 2003


----- Original Message ----- From: "Brad DeLong" <delong at econ.berkeley.edu>


> America is much richer today because western Europe and Japan are
> rich trading partners rather than what they we4re in 1945. It's
> possible that keeping other countries poor and barefoot is in our
> economic interest, but most history suggests that it is better to
> have richer countries to trade with than poor countries to exploit...

I agree with you (surprise, surprise). Pepsi doesn't want a third world competitor, but then it doesn't want a first world competitor either...

-- Luke



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