On May 5, 2012, at 3:27 PM, Chuck Grimes wrote:
> They routinely find basic neoliberal policies lead to more and more
> inequality...and inequality ends in instability, a polite word for
> crisis.
>
But is it the "neoliberal" policies themselves or is it the inequality
they produced?
It seems to be the former because China, now on the verge of becoming
the biggest part of the world economy, has experienced thirty years of
grossly increasing inequality without ever approaching what in
"Western" terms would be a "crisis."
Shane Mage
"Thunderbolt steers all things." Herakleitos of Ephesos, fr. 64