rich-poor gap

1998-02-08 Thread David Burman
Harry wrote: The more Capital we have, the more trade we have, the more wealth is available for all of us. But it doesn't reach everybody, either in the US or in the third world. For heavens sake, ask why? OK, why? David

Re: Response to Keith Hudson

1998-02-08 Thread John Hollingsworth
I thought that was a excellent and clear response, Eva. The consideration of markets as the only legitimate or 'normal' form of economic regulation ignores factors that cannot be so easily generalized across all commodities in a capitalist system. For instance, it ignores the welfare question