[lbo-talk] Neoliberalism RIP

Chris Doss lookoverhere1 at yahoo.com
Mon Nov 24 11:32:35 PST 2008


Guns. Missiles. Airplanes. Cars. Tractors. Nuclear power plants. The same stuff Ukraine's industry exports.

Anyway, it doesn't matter for the present situation. Russia's domestic manufacturing is satisfied by the 145-million-strong domestic market and the 300-million-strong ex-Soviet market.

--- On Mon, 11/24/08, Max Sawicky <sawicky at verizon.net> wrote:


> From: Max Sawicky <sawicky at verizon.net>
> Subject: Re: [lbo-talk] Neoliberalism RIP
> To: lbo-talk at lbo-talk.org
> Date: Monday, November 24, 2008, 2:14 PM
> I've raised this before, so my question, not completely
> rhetorical, is
> what do they sell that anybody outside the country wants to
> buy,
> aside from energy? I guess they export skilled workers
> that others
> will hire, but any manufactures?
>
>
>
> On Mon, Nov 24, 2008 at 12:16 PM, <dredmond at efn.org>
> wrote:
> > On Mon, November 24, 2008 7:43 am, Max Sawicky wrote:
> >
> >> what's the Russian model of industrialization?
> >
> > Here's the short list:
> >
> > 1. Default on your foreign debt and avoid dependence
> on external loans
> > thereafter.
> > 2. Expropriate the worst of the speculator-comprador
> elites running the
> > place into the ground, force the rest to become
> ordinary CEOs.
> > 3. Nationalize your leading industries (in
> Russia's case, gas, oil,
> > metals) and force the rest to pay their taxes.
> > 4. Get state banks (Sberbank etc.) to lend and create
> sovereign wealth
> > funds to save export earnings.
> > 5. Channel domestic savings into science and
> technology (Russtech,
> > nanotech, aerospace), education and infrastructure
> (social projects, Sochi
> > Olympics), rural sector (agribiz) and a nascent
> welfare state.
> >
> > None of this is theoretical. It's already
> happened, and offers a powerful
> > model to other middle-income countries with some
> history of urbanization
> > and industrialization, e.g. Latin America, Central
> Asia and SE Asia.
> > (Conversely, lightly urbanized peripheries like rural
> India and Nigeria
> > should look at China 1979-1990 and Vietnam 1985-2000
> for useful models).
> >
> > This is why the mainstream neolib press (what Peter
> Lavelle dubbed the
> > commentariat) has demonized Putin and demeaned
> Medvedev. In their own
> > narrow way, the commentariat understand that the
> semi-periphery is
> > breaking its neocolonial chains.
> >
> > -- DRR
> >
> > ___________________________________
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> >
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