[lbo-talk] the Chinese assembly line

[parthasarathy kalalesrinivasaranga]

This is just the globalisation of capital. Marx says it is the destiny of
Capital to globalise.  This is also the stage when political imperialism
arises in defence of its capitalist base.  Any reform of capital needs to
answer this challenge. How capital would not lead to imperialism and how
communism would not lead to low or no growth.  The solution is one of
finding just distribution without leading to stagnation in growth. That is
on a global scale and not merely inside US.

Chinese Finanace minister was very frank. While there is an inflow of FDI
amounting to some 70+ billions, there is also an outflow of profit of some
60+ billions.  This inflow has tamed the Communism  of China

k.s. parthasarathy

--
kalalepsarathy
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