- Capitalism and Alternatives -

the point?

Posted by: Gee ( si ) on May 04, 1999 at 12:33:06:

In Reply to: The End of History - (part two) posted by bill on May 02, 1999 at 01:22:16:

: In the past two decades, the countries of South America have shown a per capita increase of wealth of exactly zero. In Afica it is a negaive number. In Asia it is mixed (Indonesia took a dive). Wall Street booms. Better crow now before the bubble breaks cause when it does the world's in for a doozy.

The point? These countries are not capitalist, how does Schumpeters prediction fit in ?




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