Re: [PEN-L] in hock to the Chinese

2004-11-19 Thread Stephen E Philion
Interesting article in today's NYT about China's growing influence elsewhere in Asia - some new cross-border class network that's a potential rival to US linkages. I wonder if when the US bourgeoisie will begin worrying about China as a serious rival. Doug --I've argued for awhile now that the

[PEN-L] in hock to the Chinese

2004-11-19 Thread Charles Brown
in hock to the Chinese -clip- Between this and North Korea, it looks like they have Bush by the short hairs. Mbs- ^^^ CB: Does Bush have any hair ?

Re: [PEN-L] in hock to the Chinese

2004-11-19 Thread Marvin Gandall
Stephen E Philion wrote: Interesting article in today's NYT about China's growing influence elsewhere in Asia - some new cross-border class network that's a potential rival to US linkages. I wonder if when the US bourgeoisie will begin worrying about China as a serious rival. Doug --I've

Re: [PEN-L] in hock to the Chinese

2004-11-19 Thread Doug Henwood
Marvin Gandall wrote: Of course, there's global capitalist interpenetration at the higher levels which can work to offset particular rivalries between countries and trading blocs lower down. True, but this NYT article was in no small part about Chinese-centered networks displacing US-centered ones

Re: [PEN-L] in hock to the Chinese

2004-11-18 Thread Max B. Sawicky
. overtures. Between this and North Korea, it looks like they have Bush by the short hairs. mbs -Original Message- From: PEN-L list [mailto:[EMAIL PROTECTED] Behalf Of Martin Hart-Landsberg Sent: Wednesday, November 17, 2004 6:57 PM To: [EMAIL PROTECTED] Subject: Re: [PEN-L] in hock

Re: [PEN-L] in hock to the Chinese

2004-11-18 Thread Chris Burford
PROTECTED] Sent: Thursday, November 18, 2004 2:06 PM Subject: Re: [PEN-L] in hock to the Chinese Marty's comments are all well-taken, but I think he understates a tad the Chinese advantage. Yes the Chinese need to sell into the U.S., but in this vein they are riding the wave of free- trade policy

Re: [PEN-L] in hock to the Chinese

2004-11-18 Thread Martin Hart-Landsberg
, will be highly contested territory. Chris Burford London - Original Message - From: Max B. Sawicky [EMAIL PROTECTED] To: [EMAIL PROTECTED] Sent: Thursday, November 18, 2004 2:06 PM Subject: Re: [PEN-L] in hock to the Chinese Marty's comments are all well-taken, but I think he understates a tad

Re: [PEN-L] in hock to the Chinese

2004-11-18 Thread Eubulides
- Original Message - From: Martin Hart-Landsberg [EMAIL PROTECTED] Interesting discussion. I guess the question for me is what is at stake in this dance between Chinese and U.S. leaders?. Let us assume that the Chinese can in fact move in and out of the bond market to give the U.S. a

Re: [PEN-L] in hock to the Chinese

2004-11-17 Thread Martin Hart-Landsberg
I do not see the situation as the U.S. in hock to or dependent on China. One could just as well see the situation as the Chinese are dependent on a steady flow of FDI, increasingly from the U.S., and access to the U.S. market which is where a growing percentage of their output is going. The more

Re: [PEN-L] in hock to the Chinese

2004-11-17 Thread Anthony D'Costa
I can see how the enmeshments could on both sides lead to instability and vulnerability. But I am having a hard time imagining how the Chinese are not benefiting from this massive growth. Perhaps if we broke down the beneficiaries (in class terms if you like or by residency and age) we will get

Re: [PEN-L] in hock to the Chinese

2004-11-17 Thread Martin Hart-Landsberg
The issue here is whether Chinese workers are benefiting from this ongoing shift to a foreign driven export led growth model. I certainly agree that there is a rising middle and upper class that is enjoying great new wealth. And I also agree that China at the end of the Mao period was in need of