Lou might be too kind to capitalism, which may create factory jobs, but 
typically destroys many (more?) agricultural jobs.


On Fri, Dec 18, 2009 at 10:00:25AM -0500, Louis Proyect wrote:
>
> The flaw in Joan Robinson's epigram is that it connects capitalist  
> penetration of the 3rd world with job creation. If that were the case, 
> then there wouldn't be so much violence and resistance--most  
> particularly now reflected through political Islam but as Maoist and 
> Castroite insurgencies in the past.
>

-- 
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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