09 November 2004

A third way in China?

Guardian Unlimited | Special reports | One week in the life of the Chinese miracle: "Early morning on the Bund in Shanghai -Photo: Dan Chung/Guardian"
Continuing reflections on China -apparently the Guardian are doing a series this week.

The economics are interesting; get this.
"To be honest, I don't think Shanghai has any relation to Marxism," he said. "Before I joined the Communist party, we needed to learn Marxism, but most commonly I look at this book." Zhang reached up to the shelves over his desk and took down a volume called Principles of Economics by N Gregory Mankiw. Mankiw is chief economic adviser to President George Bush.

And apparently it is the Chinese economy that is bankrolling western adventurism at present. No, really; think about it -use this article to help you.

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"Spend and tax" not "tax and spend"

 I got a response from my MP which got me kind of mad. You'll see why as I reproduce it here. Apologies for the strange changes in types...