In a message dated 5/17/2006 11:38:56 P.M. Eastern Daylight Time,
[EMAIL PROTECTED] writes:
Cristobal S Ruiz wrote:

> this is  typical of the apologists of neo-lib
> policies in the third  world

I hate this.  If a particular point made by Ulhas or anybody  else here
is flawed, factually or logically
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I  don't understand why are you "flaming" about this rather objective
comment, the  point being that highly sophisticated luxury consumption items 
such as
cell  phones, flat liquid screen TVs, internet use, computer games and
similars are  not indicators of economic development as housing, education, 
health
and  literacy are. The latter are the standard indicators used by the UN
Development  Program is its annual reports. The former are the standard 
signifiers of
 "growth" by the mainstream press such as The Economist , the FT or the WSJ
reports on developing countries through the neo-lib lens.
I also recall  different ECLA studies linking the production of luxury items
to highly skewed  income distribution economies,  which further inequalities
as this  developing countries concentrate in producing mass consumption goods
but for  markets which lack the masses (income) to support them.
I really don't  get your raging at all.
Cristobal Senior

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