Quick Quote

May 17, 2009 11:25

"...the Soviet Union was sliding in to an economic collapse so comprehensive that in the end its factories produced not goods but bads: finished products less valuable than the raw materials they were made from."  [The Economist]

My reply:
"The effectiveness of this strategy was so obvious, it was widely adopted in the third world. Nowadays it is even supported by so-called Fair Trade programs."
Previous post Next post
Up