Yoshie Furuhashi wrote: > Why do they insist on going back before Keynes & Marx??? Heck, lets go back to the Bronze Age. "...Sumerians took the lead in developing their raw materials periphery from Asia Minor to the Iranian highlands. Even in these Bronze Age millenia it was the industrial centre that took the lead in developing a foreign raw materials producing capacity to supply needed metals, stone, wood and other geographically specific products not founs at home. It is also significant that Bronze Age Mesopotamian industry was developed initially in public hands (the temples and palaces) only later passing into private hands. The implication is that the privatisation of industry and policy tends to follow its public inception, being introduced only when public enterprise and policy have done their jobs successfully." *Trade, Development and Foreign Debt*, MIchael HUdson,460. sam Pawlett