[lbo-talk] SK vs. NK

[Michael Dawson]

Doesn't a big part of the answer about LA reside in comparative political
stability?  I can imagine revolution in pretty much any LA nation.  In
China, it's inconceivable.  Hence, strength of ruling class is also a big
factor.


> -----Original Message-----
> From: lbo-talk-bounces at lbo-talk.org [mailto:lbo-talk-bounces at lbo-talk.org]
> On Behalf Of Doug Henwood
> Sent: Monday, January 10, 2005 9:18 AM
> To: lbo-talk at lbo-talk.org
> Subject: Re: [lbo-talk] SK vs. NK
> 
> uvj at vsnl.com wrote:
> 
> >55% of Chinese exports are done by the foreign funded enterprises.
> >Why the US and the EU don't encourage the development of
> >manufacturing industry in Central and South America in a similar
> >fashion? Higher wage costs relative to China?
> 
> That, yes, but for low-wage workers, Chinese are extremely skilled.
> Nothing like Communism to deliver a first-rate labor force to capital!
> 
> Doug
> ___________________________________
> http://mailman.lbo-talk.org/mailman/listinfo/lbo-talk