[lbo-talk] uh-oh! too much regulation!!

c b cb31450 at gmail.com
Mon Feb 8 10:52:02 PST 2010


From: Eubulides ^^^^^^^^^
>> US Empire is dying because something else is taking its place...
>
> A Chinese Empire more powerful than ever before in its long history.

====================

Step 1) Imagine, if you will, an Excel spreadsheet with a Leontief matrix of X by X cells filled with the names and data from all the companies engaged in production in China.

Step 2) Search the matrix and use the delete key every time you come upon a cell with a Fortune 500 company's name in it.

Step 3) Search the matrix and use the delete key every time you come upon a cell with a subcontractor doing work with/for said Fortune 500 companies.

What is the "size" of the Chinese Empire?

Step 4) List 5 episodes since the Chinese communist party embraced the massive use of markets when they have used methods similar to the British or US empires of old to achieve dominance of administrative systems, entire governments or radically increased the market presence of their firms in other countries at the expense of those States' own bureaucracies, firms etc. Feel free to add details of the numbers of human beings wiped out as a result of said processes.

^^^^^^^ CB: Yes indeedy



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