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If there is a single statistic that conveys the enormity of this infrastructure program, it is cement production. Between 2011 and 2014, China used more cement than the US did in the entire 20th century — 6.6 billion tonnes in four years compared with 4.5 billion tonnes in 100 years. One result of this huge program of state-sponsored growth has been a property bubble that predictably burst, leaving roads to nowhere and ghost cities in its wake. https://www.greenleft.org.au/node/60926 -- “Disobedience, in the eyes of anyone who has read history, is humanity’s original virtue. It is through disobedience that progress has been made, through disobedience and through rebellion.” — Oscar Wilde, Soul of Man Under Socialism “The free market is perfectly natural... do you think I am some kind of dummy?” — Jarvis Cocker _________________________________________________________ Full posting guidelines at: http://www.marxmail.org/sub.htm Set your options at: http://lists.csbs.utah.edu/options/marxism/archive%40mail-archive.com
