[lbo-talk] Keiretsu Capital

Eubulides paraconsistent at comcast.net
Tue Jan 13 13:24:32 PST 2004


----- Original Message ----- From: <jjlassen at chinastudygroup.org>

Doug,

Yes, that's my understanding of what's happening. But then that's (in general) job destruction, and if we believe these are connected processes, then we wouldn't be good social scientists if we added the word 'creation' to it if it's a negative-sum game, no? Or at least if we failed to hedge our bets through fun oxymorons like:

creative destruction annihilatory ingenuity productive ruination devastating dynamism

Jonathan

================

immiserizing growth



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