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Re: Hardt & Negri on Genoa by kjkhoo 23 July 2001 17:57 UTC |
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Louis Proyect wrote: >Since US imperialism was not fighting Korean and Vietnam type wars on the >African continent, the build-up of friendly anti-Communist regimes was not >necessary. A little bit of problem about synchronising time-lines here, and also the inability to explain some specificities. That may "explain" Japan, S Korea, Taiwan, Hong Kong, maybe even Singapore, to some degree. Some of us liked to say that the Asian Financial Crisis, not the collapse of the Berlin Wall, marked the end of the Cold War in E Asia; that the official version of the end of the Cold War was just EuroAmericanbabble. But how would one explain the Philippines? Or the differential social, economic and political performances of the various states -- we really are not all grey, you know? Or the fact that the timing of the surge in the rest of E Asia occurred post-1985 by which time communism was pretty much moribund -- at least in E Asia, but probably in Europe as well. In the downturn of the early to mid-1980s, much of what later came to be called the 'second tier of tigers' were being written off -- as a quick run-through the Asian WSJ of the time would suggest: minimally you might recall the talk that the used-by date of off-shore platforms had passed. Then the opposite happened -- one explanation here is that it was an outcome of Reagan's attempt to buttress US capitalist interests in the form of the Plaza Accord; still, that too cannot account for the specificities and variable performances of the nation states, those entities in which you profess so much interest. Anyway, that surge was what gave birth to the phrase "E Asian Economic Miracle", which was then read backwards as a coherent, seamless story. Of course E Asia was both convenient and inconvenient to the powers-that-be and the IFIs -- the only apparently bright spot in an ocean of disasters. Inconvenient, because for all their gymnastics, it was really not quite assimilable to the 'standard' theory (hence the ill-concealed glee when the financial crisis hit, but also because of the hubris of the regime commanders of the region); convenient, because it was by any assessment a bright spot -- and they surely wanted to claim some credit for it, incorporating it within their favoured mode of analysis -- a process perhaps partly registered through successive years of the World Development Report of the early 1990s through a subtle shift in terminology from market to market-friendly. The bigger story of worldwide disaster remains largely true. But this little glitch that is E Asia cries out for explanation beyond the comforting one of the need to build up friendly anti-communist regimes. You concede too much and explain too little with such a formulation. It requires a will to ignorance to be satisfied with it. And that -- more than whatever labels you wish to saddle me with -- is what truly perturbs me. Don't you think it a little sad that I should find a Stiglitz rather than someone like yourself a little more enlightening? Because, believe it or not, my sympathies are actually more with you than a Stiglitz. kj khoo
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