[Marxism] Krugman on the Britsh Empire

MICHAEL YATES mikedjyates at msn.com
Fri Apr 3 17:12:07 MDT 2009


In Paul Krugman's New York Times column today, he says, "China acquired its $2 trillion stash--
turning the People's Republic into the T-Bills Republic--the same way Britain acquired
its empire: in a fit of absence of mind."  I found the part I put in bold mind-boggling.

Maybe that is the way the nobility and the merchants took possession of peasant land

in Britan proper too.

 

Michael Yates



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