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<DIV></DIV>>Why does European capitalism require an independent path?
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<DIV></DIV>>Ulhas
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<DIV>During the rule of George the First, the UN Committee on the International Economy developed a model of the world market based on triads. It proposed that the concentration and centralization of capital had precipitated out into three main geographical areas of the world market. Around these concentrated masses of capital, smaller capitalist and non-capitalist states gravitated like the moons around Jupiter. The model was so embarasssingly accurate that the Bush administration insisted on closing down the committee. It was folded into UNCTAD and further development of the model was abandoned.</DIV>
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<DIV>It showed the economic interdepence of the triads, US, Japan, and EU and the domination of the separate spheres of economic influence on non-triadic national economies. Since the late 80's when the model was developed, the world market economy has become more like a three-legged stool with one leg, Japan, sunk in the mud, but there is still the interpenetration of three concentrated and centralized masses of capital, a three body problem in political economy. The triadic economies have similarities, as well as differences, but do form a unity that makes up the world market, and makes the basis for the cacaphony of political frictions between the triads and their dependencies.</DIV>
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<DIV>For Europe to take an independent path would be like the moon leaving the gravitation field of earth and beginning to orbit mars.</DIV>
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