[DEBATE] : SA: a capitalist view
dhenwood at panix.com
Sat May 12 20:59:52 BST 2007
On May 12, 2007, at 3:01 PM, Martin Hart-Landsberg wrote:
> Notice I said the so called tiger experience is losing its luster.
Again I have to ask you - compared to what? Sweden? Heilbroner's
slightly imaginary Sweden? A fully imaginary socialist state? What?
> All this suggests that we are living through a period of ever more
> ruthless capitalist accumulation. This is something that you have
> also pointed out. We certainly do not want to join with those
> supporters of capitalism and legitimate their attempts to paint a
> false picture of what capitalist success means for working people.
> Their goal is to encourage people to adopt the policies of the East
> Asian countries (as they interpret them, of course) with the
> implication that they too can enjoy similar East Asian gains. Not
> only is that not really possible, but even the gains that did exist
> are fast disappearing (for working people that is).
Sure there are propagandistic uses of SK, but there are
propagandistic uses of nearly everything. The bourgeoisie would have
you believe it's just a few steps from indicative planning to the gulag.
If you were asked to advise the government of a poor country - i.e.,
one without Hugo Chavez' $50 billion oil income - what would you say?
I know I'd advise studying SK's experience very closely -
disciplining capital, repressing finance, gaining control over the
foreign sector, planning leading sectors and linkages among them. Of
course, economic models aren't easily transferrable, but you've got
to look for precedents somewhere. Sure, SK's growth is slower now
than it was before 1997-98 - that's partly the heritage of that
crisis, and partly the result of having reached a certain level of
development after which gains get a lot harder. The same happened to
Japan and even Italy.
So what would you advise?
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