[OPE-L:5125] Re: Re: Fwd: Re: productive labour

From: Allin Cottrell (cottrell@wfu.edu)
Date: Thu Mar 08 2001 - 16:24:15 EST

On Thu, 8 Mar 2001, Rakesh Narpat Bhandari wrote:

> Paul C, why would military development at least in the short run
> come at the expense of modernizing the means of production if the
> imperial country can import skilled labor and capital at will?

The country doing the military spending may be able to import skilled
labour and capital "without let or hindrance", but they can't import
these things _free of charge_.  Access to international trade doesn't
alter the basic trade-off that Paul is talking about.

Allin Cottrell.

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