[lbo-talk] IT innovation and "the Markets"

[Philip Pilkington]

Some more interesting editorials from the BBC on China (with pictures!).

http://www.bbc.co.uk/blogs/thereporters/robertpeston/2009/03/china_all_about_jobs.html

And in keeping with this thought I still think that having a debate about
whether (centrally) planned systems or the market are superior is rather
pointless. The big question, at least on my lips, is whether one or the
other is neccesary at this moment in history. Economy is not a science; its
a matter of politics. To not recognise this is to adhere to dogma.