[Peace-discuss] Fw: [socialistdiscussion] China's role in world

[E. Wayne Johnson]

It certainly does.

On 1/3/2011 10:42 AM, David Johnson wrote:
>  " they are bureaucratic and poorly managed, generally
> stupidly managed ...."
> This also describes many corporations.
> David J.
>
>     ----- Original Message -----
>     *From:* E. Wayne Johnson <mailto:ewj at pigs.ag>
>     *To:* David Johnson <mailto:dlj725 at hughes.net>
>     *Cc:* Peace-discuss List <mailto:peace-discuss at lists.chambana.net>
>     *Sent:* Sunday, January 02, 2011 5:49 PM
>     *Subject:* Re: [Peace-discuss] Fw: [socialistdiscussion] China's
>     role in world
>
>     I would not suggest that state-owned enterprises are generally
>     part of the Chinese "miracle".
>
>     Thousands of state run enterprises have closed and been replaced
>     by private enterprises.
>
>     Although there are indeed well run state-owned enterprises, the
>     general characteristic
>     of state-owned enterprises is that they are bureaucratic and
>     poorly managed, generally
>     stupidly managed and are populated by generally inert and
>     ineffectual institutionalized workers.
>
>     Hence the article mentions privitization as a goal.
>
>
>
>
>     On 1/3/2011 2:19 AM, David Johnson wrote:
>>     ----- Original Message -----
>>     *From:* Ed Bober <mailto:ed at edbober.plus.com>
>>     *To:* socialistdiscussion at yahoogroups.com
>>     <mailto:socialistdiscussion at yahoogroups.com>
>>     *Sent:* Sunday, January 02, 2011 3:50 AM
>>     *Subject:* [socialistdiscussion] China's role in world
>>
>>     I found this article on China by Niall Ferguson very interesting.
>>     It is presented from an entirely pro-capitalist point of view,
>>     but nevertheless it provides a learned overview of the economic
>>     history of China going back to the middle ages, and it gives a
>>     lot of data illustrating trends in the world economy today.  It
>>     graphically illustrates the demise of US economic domination. It
>>     shows how China is challenging and relentlessly replacing the USA
>>     as the world's new economic power. It does not credit the role of
>>     state ownership and economic planning as a crucial factor in
>>     China's economic growth.
>>     The eclipse of western economic and military domination of the
>>     planet is a crucial factor in the political instability of the
>>     west and the potentially revolutionary future.
>>     In this regard I thought the words of Chinese premier Wen Jiabao
>>     were particularly significant:
>>     " Do not work to pressure us on the renminbi rate.... Many of our
>>     exporting companies would have to close down, migrant workers
>>     would have to return to their villages. If China saw social and
>>     economic turbulence, then it would be a disaster for the world."
>>     http://dinmerican.wordpress.com/2011/01/02/in-chinas-obit/
>>     Thanks to Al for drawing this to my attention.
>>     Ed
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