[lbo-talk] Capitalism's new markets

Doug Henwood dhenwood at panix.com
Mon Feb 27 08:27:51 PST 2006


Marvin Gandall wrote:


>Here is another article, this one from the Economist, illustrating how
>untethered from their countries of origin the largest multinationals are
>becoming as the result of rapid technological change in transportation and
>communications.

Though in the German case, it's more exports than foreign operations of MNCs that are doing so well. Domestic demand in Germany is weak because consumers won't spend.

Doug



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