Date: 07 Mar 96 09:43:12 EST From: Jon Flanders <72763.2240-AT-compuserve.com> Subject: NY Times, dem.rights, etc. >> Hasn't the US recovered at least some of its predominance? And isn't the US dollar still the world's most highly-coveted currency? Jim Miller Seattle << Question on this. Hasn't the US comeback been based largely on driving down the price of labor as a weapon against more efficent rivals? This is a short-term solution compared to a "healthier" one of making long-term investments in infrastructure and machinery. Jon Flanders E-mail from: Jonathan E. Flanders, 07-Mar-1996 --- from list marxism-AT-lists.village.virginia.edu --- ------------------
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