LENINIST CORPORATISM IN CHINA: WILL HUTTON VIEW
June 2, 2008 at 1:14 pm | Posted in Asia, Books, China, Development, Economics, Financial, Globalization | Leave a commentWill Hutton book
The Writing on the Wall
“Leninist corporatism” concept
The emergence of China as a $2 trillion economy from such inauspicious beginnings only 25 years ago is such a giddy accomplishment that the temptation to see its success as proof positive of your own prejudices is overwhelming. And the west’s broad prejudice is that China is growing so rapidly because it has abandoned communism and embraced capitalism. China’s own claim – that it is building a very particular economic model around what it describes as a socialist market economy – is dismissed as hogwash, the necessary rhetoric the Communist party must use to disguise what is actually happening. China proves conclusively that liberalisation, privatisation, market freedoms and the embrace of globalisation are the only route to prosperity. China is on its way to capitalism but will not admit it.
But the closer you get to what is happening on the ground in China, its so-called capitalism looks nothing like any form of capitalism the west has known and the transition from communism remains fundamentally problematic. The alpha and omega of China’s political economy is that the Communist party remains firmly in the driving seat not just of government, but of the economy – a control that goes into the very marrow of how ownership rights are conceived and business strategies devised. The western conception of the free exercise of property rights and business autonomy that goes with it, essential to any notion of capitalism, does not exist in China.
The truth is that China is not the socialist market economy the party describes, nor moving towards capitalism as the western consensus believes.
Rather it is frozen in a structure that I describe as Leninist corporatism – and which is unstable, monumentally inefficient, dependent upon the expropriation of peasant savings on a grand scale, colossally unequal and ultimately unsustainable. It is Leninist in that the party still follows Lenin’s dictum of being the vanguard, monopoly political driver and controller of the economy and society. And it is corporatist because the framework for all economic activity in China is one of central management and coordination from which no economic actor, however humble, can opt out.
Will Hutton
The Writing on the Wall
concept of Leninist corporatism
KUWAIT REAL ESTATE
June 2, 2008 at 12:28 pm | Posted in Arabs, Economics, Financial, Globalization, Middle East, Research | Leave a commentKuwait Real Estate Primer – 28 May
2008
NBK Capital MENA Research
NBK Capital MENA Research MENAresearch@nbkcapital.com
NBK Capital MENA Research
Ahmed Al-Jaber Street, Sharq
P.O. Box 4950 Safat 13050
Kuwait City, Kuwait
Tel.: +965 224 6663
Fax: +965 224 6984
May 28 2008
Kuwait Real Estate Primer – 28 May 2008
The Kuwaiti real estate sector is experiencing an unprecedented growth phase supported by a surge in oil prices and robust economic growth. Real estate prices are at an all-time high across all segments of the sector.
Driving this expansion is the growing young local population and a significant influx of expatriates as a result of increased corporate activity. The sector is also benefitting from the robust economic growth and high per capita disposable income. Ample liquidity has resulted in significant investment in the sector as well. Changes in the laws relating to construction of commercial properties have resulted in a slew of ongoing projects.
Sales of real estate units across the sector actually dipped in 2006 compared to 2002, primarily due to a decrease in sales of investment properties. Burgeoning sales in 2007 were due mainly to an increase in sales of residential properties. This segment accounted for 78.5% of incremental sales in the sector.
Residential township projects worth KD 49.5 billion and infrastructure projects worth KD 11.6 billion are expected to be completed within the next five years.
Real estate companies listed on the Kuwait Stock Exchange (KSE) have reported record profit growth in the recent past. However, there is concern for investors owing to the quality of earnings, which reflect a large share of non-core investment activities.
Thank you,
NBK Capital MENA Research
Ahmed Al-Jaber Street, Sharq
P.O. Box 4950 Safat 13050
Kuwait City, Kuwait
Tel.: +965 224 6663
Fax: +965 224 6984
Watani Investment Company (NBK Capital)
NBK Capital
Kuwait Real Estate Primer – 28 May 2008
NBK Capital MENA Research
NBK Capital MENA Research MENAresearch@nbkcapital.com
May 28, 2008
OUTSOURCING OF AMERICAN FOREIGN POLICY TO ISRAEL VIA NEOCON CONVEYOR BELT
June 2, 2008 at 8:25 am | Posted in Arabs, Globalization, History, Islam, Israel, Middle East, Military, USA, World-system, Zionism | Leave a commentOUTSOURCING OF AMERICAN
FOREIGN POLICY TO ISRAEL AND
THE NEO-CONSERVATIVES:
THE JERUSALEM SUMMITS
Asia Times Online Community and News
Discussion – ZIONIST NEW WORLD …
... following reports were sent to Ghulam
Muhammed by Richard Melson, a Jewish
activist who apparently feels that …
forum.atimes.com/topic.asp?TOPIC_ID=70 · Save
The New ‘Zionist World Order’
First Summit Held in Jerusalem:
Names, Topics, Plans
October 2004
http://www.cambridgeforecast.org/
A recent Zionist ‘Think Tank’ summit meeting of the planners of a new Zionist World Order, was held in June, at the historic King David Hotel, in Jerusalem.
The following reports were sent to Ghulam Muhammed by Richard Melson, a Jewish activist who apparently feels that the Muslim world should be kept informed.
OUTSOURCING OF AMERICAN FOREIGN POLICY
TO ISRAEL AND THE NEO-CONSERVATIVES:
THE JERUSALEM SUMMITS
COMMENT:
Outsourcing of call center jobs to Bangalore India is a very minor problem compared to the outsourcing of American foreign policy to Israel.
This is completely paralyzing American and hence world policy and this is in fact why the world as a system feels like a globalized “traffic jam.”
GLOBALIZATION AND THE MODERN HATE INDUSTRY: VICHY FRANCE AS HISTORICAL NIGHTMARE: “BAD FAITH” BOOK
June 2, 2008 at 7:36 am | Posted in Art, Books, Globalization, History, Literary | Leave a commentBad Faith: A Forgotten History of
Family, Fatherland and Vichy France
by Carmen Callil (Author)
Editorial Reviews
From Publishers Weekly
The bottomless corruption, political and personal, of French fascism is explored in this absorbing biography of one of its most loathsome figures—Louis Darquier, commissioner for Jewish affairs under the Vichy regime. A violent anti-Semite and paid Nazi propagandist before WWII, he helped organize the deportation of French Jews, including thousands of children, to Auschwitz during the German occupation. Callil sets Darquier’s public career in an unsparing reconstruction of his sordid private life. A ne’er-do-well who sponged off his family while falsely styling himself an aristocrat, Darquier abandoned his infant daughter, Anne, to an impoverished London nanny. (Anne grew up to become the author’s psychiatrist; her possible suicide in 1970 sparked Callil’s interest in her family.) Callil’s contempt for her subject is evident: his best features, in her portrayal, seem to be the incompetence and laziness that prompted his removal from direct supervision of deportations. Through her superbly written, meticulously researched, densely novelistic portrait of Darquier, Callil (who founded Virago press and was managing director of Chatto & Windus) takes an uncommonly penetrating look at the malignity of fascism and the suffering of its many victims. 32-page photo insert and 19 photos throughout.
From Booklist
In the late nineteenth and early twentieth centuries, the western European nation most vulnerable to the virus of anti-Semitism was France, not Germany. This was the France of the Dreyfus affair, the toxic Left-Right antagonism, and the Jew baiting of Drumont and Maurras. Out of this foul milieu emerged Louis Darquier de Pellepoix. He was a virulent anti-Semite and was appointed commissioner for Jewish affairs when the Vichy French government was established under Nazi auspices. In that position, he actively promoted the deportation of French Jews to Auschwitz. Callil became interested in his life when she learned that her therapist was his abandoned daughter. Callil is both fascinated and repelled by the man. He was a pompous liar, had ridiculous pretensions to aristocracy, and never expressed a hint of remorse for the actions he took during the war. But this is more than his story. Callil also relates the sad fate of his daughter, Anne, whose suicide may have been prompted by the sheer contempt she felt toward her parents. Finally, this sad but beautifully written work provides a frank and disturbing portrait of the rot that slowly ate away at French society both before and during the Occupation.
Product Details:
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Collaborators included the families behind the Coty and L’Oreal cosmetics firms, Coco Chanel, and the Taittinger champagne family, as well as many French authors including Celine, Callil points out. Many French actors and authors, including Jean-Paul Sartre, born in 1905, continued to work during the German occupation. This couldn’t have occurred without some form of collaboration.
Franco did provide sanctuary for many French war criminals, including Louis Darquier (1897-1980), a rabid anti-Semite and “Commissioner for Jewish Affairs” for the Vichy collaborationist regime from 1942 to 1944.
Movie fans will remember the regime from “Casablanca” (1942) set in a French Morocco ruled by Vichy before the Allied Invasion of North Africa.
Real movie buffs will recall a marvelous documentary by filmmaker Marcel Ophuls called “Le Chagrin et la pitie” (“The Sorrow and the Pity”) depicting life in the Vichy French town of Clermont-Ferrand, focusing on French participation in the Holocaust. Clermont-Ferrand is the hometown of Blaise Pascal and the founders of the Michelin tire firm and is the headquarters of Michelin.
The 1970, 270-minute film (it’s the best documentary ever made in the view of many critics – and in the opinion of many) was how Callil, born in Australia in 1938 and living in London when she met Dr. Anne Darquier, made the connection between her therapist – Anne Darquier — who was only eight years older than Callil and the Holocaust. In a true tale that sounds stranger than fiction, Carmen Callil, founder in 1972 of the Virago Press and later managing director of Chatto & Windus, an English publisher, learned of Anne Darquier’s connection with Vichy France from watching “The Sorrow and the Pity” in London.
Bad Faith: A Forgotten History of Family, Fatherland and Vichy France
by Carmen Callil (Author)