And I would add to John Foster's posting that those that have Capital,
generally have national police forces and armies to help them out as they
seek to protect their Capital.
arthur cordell
-----Original Message-----
From: John [mailto:[EMAIL PROTECTED]]
Sent: Monday, August 13, 2001 7:52 AM
To: [EMAIL PROTECTED]
Subject: RE the coming recession
On Fri Aug 10 Keith Hudson wrote, inter alia....
>The trouble is that those who have jobs protect
>them more forcefully and more cunningly than anything else they possess and
>we simply don't have a flexible labour market. What are the tools and
>arguments that are used to protect jobs? Those are what really need to be
>investigated. If those could be exposed and neutralised then no economic
>recession need ever last too long or deepen too much.
The reality, however, is this....
The trouble is that those who have Capital protect
it more forcefully and more cunningly than anything else they possess and
we simply don't have a flexible Capital market. What are the tools and
arguments that are used to protect Capital? Those are what really need to be
investigated. If those could be exposed and neutralised then no economic
recession need ever last too long or deepen too much.
john foster
The "re-structured" Latrobe Valley
Victoria, Australia
