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It's the 1980's all over again, only this time in China!

When the capital development of a country becomes a by-product of the activities of a casino, the job is likely to be ill-done. — John M. Keynes
by Carrie (migeru at eurotrib dot com) on Wed Jun 18th, 2008 at 08:47:11 AM EST
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To Get Rich is Glorious. The title was used by Orville Schell for a book in the early '80s about post-Mao de-collectivization and modernization. Now it looks as if every columnist and magazine is copying the same title to natter on about China in the '00s.

If you can find a copy of Schell's book, it's worth reading for context of what's happening now.

by Mnemosyne on Wed Jun 18th, 2008 at 08:02:25 PM EST
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"To get rich is glorious." -- Deng Xiaoping.

That quote, along with some directives allowing private enterprises, sorta kicked off the whole scene in China.  It was not Mao's Communist Party anymore.

Perhaps Hummers could be recycled to civilians in oil producing countries, such as Saudi Arabia, The Emirates and Yemen.  They could at least afford to drive them.  Wouldn't help the ozone layer though.


"It is not necessary to have hope in order to persevere."

by ARGeezer (ARGeezer a in a circle eurotrib daught com) on Sun Jun 22nd, 2008 at 12:20:08 AM EST
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