Open Left

oh don't get me wrong (0.00 / 0)

i agreed totally with your basic point - the idea that a dollar has equal value to someone who makes $5.80 an hour as someone who makes $580 an hour is idiotic.  i don't actually see how anyone could disagree with that.

neoliberalism is a complicated thing - i don't think you can understand it in a developing country context without combining it with something like world systems theory or dependency theory.  also, the specifics are very different from the media-related stories in some cases (e.g. the level of state involvement in india's 'post-liberalisation' economy would make most american policymakers scared).

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by: dr anonymous @ Tue Jan 26, 2010 at 22:05:48 PM CST

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India and China Both (4.00 / 1)

are HUGE economies, and are clear exceptions to how the neoliberal development order has played out.

And I wasn't getting you wrong.  I just wanted to make sure that others didn't lose the distinction that I know you understand.

"You know what they say -- those of us who fail history... doomed to repeat it in summer school." -- Buffy The Vampire Slayer, Season 6, Episode 3

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by: Paul Rosenberg @ Wed Jan 27, 2010 at 08:14:21 AM CST

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