John Thornton
> > Have you heard of this new theorist -- Keynes, I think?
>
>Keynes proposed that the only governmental spending capable of supporting an
>economy is military spending? Wow, the things I've missed...
>
> > I'm not talking just about that. I'm talking about propping up all the
>oil
> > despots, who serve to keep "our" oil out of "their" people's hands.
>
>No, I don't think the US would care if the Middle Eastern states were all
>Western European-style social democracies... they'd still sell us their oil
>about as cheaply.
>
> > Neither the United States nor any other general agglomeration of people
> > needs a poor Third World to survive. But that is exactly the point -- our
> > power elite does need exactly that, and they dominate our economies and
> > countries. Hence, until we rid ourselves of their dominance, I'm afraid
> > that "our" economies (Canada's included) do indeed depend on cheap Third
> > World commodities. I would have thought this point would be obvious to
> > LBO-ers. It certainly is to the business class.
>
>No, the business class knows that cheap third world commodities _boost_
>profits. They don't create them.
>
>-- Luke
>
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