[lbo-talk] Questions for Pugliese & Dolgoff on the CubanEconomy

Jim Farmelant farmelantj at juno.com
Tue Jan 4 07:00:15 PST 2005


On Tue, 4 Jan 2005 09:32:33 -0500 "John Lacny" <jlacny at earthlink.net> writes:
> Michael Dawson to Luke Weiger:
>
> > If you think you can compare Cuba's opportunity to thrive
> > with South Korea's and West Germany, you are simply
> > ignorant.
>
> Don't forget that South Korea's clear economic advantage over the
> North is a
> relatively recent phenomenon. At the height of the Cold War North
> Korea's
> ability to rebuild after the destruction of the war -- where the
> North
> suffered immensely from US bombing, experiencing far more widespread
> and
> thorough devastation than the South -- was widely recognized, and
> indeed was
> a source of alarm both in the South and on the pro-US side of the
> Cold War
> generally.

Cambridge University economist, Joan Robinson, back in in the mid-1960s wrote a famous article, "Korean Miracle," for Monthly Review which greatly praised North Korea's economic policies, which indeed at that time were producing greater economic progress there than was being experienced back then by South Korea.

Jim F.


>
>
> - - - - - - - - - -
> John Lacny
> http://www.johnlacny.com
>
> Tell no lies, claim no easy victories
>
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