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Carrol expressed exactly what I heard in China.


On Wed, Jun 09, 2010 at 01:39:47PM -0500, Carrol Cox wrote:
> Thiis provides illustration of a claimmade by Moishe Postone that "class
> struggle" is an essential ingredient in the development of capitalism. I
> paid less attention to this part of Postone's argument and do not argue
> for it here, but the point is worth considering. China's home market, as
> has often been pointed out, is anemic, its industry mostly export-
> driven. But if this developmenbt of China's workers does continue, and
> grows, it will indeed force the development, willy-nilly what the
> Chincese government desires, of a home market and thus a stronger and
> more flourishng Chinese capitalism. The growth of capitalism in both
> England and the U.S. was subject to such labor turbulence.
> 
> Carrol
> 
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-- 
Michael Perelman
Economics Department
California State University
Chico, CA 95929

Tel. 530-898-5321
E-Mail michael at ecst.csuchico.edu
michaelperelman.wordpress.com

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