I think this brings out very clearly the fundamentally unproductive and parasitic nature of
the city of london and of the financial services 'industry' in general. It seems to show
that Smith and Marx were right about unproductive labour.
Paul Cockshott
Dept of Computing Science
University of Glasgow
+44 141 330 1629
www.dcs.gla.ac.uk/~wpc/reports/
-----Original Message-----
From: ope-bounces@lists.csuchico.edu on behalf of Paula
Sent: Wed 1/21/2009 10:03 PM
To: Outline on Political Economy mailing list
Subject: Re: [OPE] The Crisis of the Euro
Futronomics: contrarian analysis of global macro trends, commodities, currencies, equities: The Crisis of the EuroThere's also this article on the crisis of sterling from today's FT, quote: 'the UK has nothing to sell'.
http://www.ft.com/cms/s/0/5d4a02ca-e7a1-11dd-b2a5-0000779fd2ac.html
Paula
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