Re: [OPE-L] A memorable quote...

From: Paul Cockshott (wpc@DCS.GLA.AC.UK)
Date: Fri Dec 28 2007 - 17:16:03 EST

Impressionistically I would agree, I have not had time to do more than a
cursory look at the Indian national statistics over the summer, so I can
not say more than that.

-----Original Message-----
From: OPE-L [mailto:OPE-L@SUS.CSUCHICO.EDU] On Behalf Of Dave Zachariah
Sent: 28 December 2007 18:45
Subject: Re: [OPE-L] A memorable quote...

on 2007-12-28 17:56 Paul Cockshott wrote:
> I agree here. The chinese labour reserves will last another 15 years
> or so at most before the
> declining working population caused by one child families overwhelms
> the effect of rural-urban
> migration.
> At that point the over-accumulation of capital we saw in Europe from
> the 60s will become
> apparent in china with the beneficial effects for labour that that
> brings about.

Paul, what is your estimate of the labour reserves in India? The
demographic structure would suggest that it will last longer than in

//Dave Z

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