[lbo-talk] Re: New Imperialism?

Doug Henwood dhenwood at panix.com
Wed Mar 30 11:26:16 PST 2005


John Mage wrote:


>But your opponents here argue that all this is mere history.
>There once was history (perhaps), but that's all over now.
>The timeless truth of _today's_ terms of trade between center and
>periphery is...well, self-evident - aren't markets efficient?

That's not my argument, if you're referring to me.

Could you specify the contribution of the periphery to the center's prosperity today instead of treating it as self-evident?

Doug



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