In China’s Pocket

By Robert Kuttner | Staurday, December 16, 2006 | The Washington Post

Top adminstration economics officials are in China, going through the motions of asking for change, but doing little of substance. China has pulled something off that according to macro-economic theory cannot exist: autocratic one-party rule and a fiercely efficient free market economy. America relies on it too much as a source of cheap labor to do much to change what should be changed. ARRGH!…BS

http://www.boston.com/news/globe/editorial_opinion/oped/articles/2006/12/16/in_chinas_pocket/

 

 

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