RE: Re: What lies in store for Yugoslavia (2)

["Brown, Martin (NCI)" <brownm@xxxxxxxxxxxxxxxxxxx>]

Be careful, Larry Summers will conclude that this a good "revealed
preference" calculation for the economic value of life in Argentina and then
apply it to pollution control issues. Afterall, aren't financial markets
suppose to be efficient?

-----Original Message-----
From: Nestor Miguel Gorojovsky [mailto:Gorojovsky@xxxxxxxxxxxx]
Sent: Wednesday, October 11, 2000 5:22 PM
To: pen-l@xxxxxxxxxxxxxxxxxxx
>Subject: [PEN-L:3019] Re: What lies in store for Yugoslavia (2)


En relación a [PEN-L:3010] What lies in store for Yugoslavia,
el 11 Oct 00, a las 15:21, Louis Proyect dijo:

> Report: E. Europe Kids Impoverished
>

I forgot: remember that old line by Marx, that each social system had
its own population laws? OK, here you have a full scaled experiment
on operation. Old Vere Gordon Childe stated that the amount of people
that a system could hold alive and in a good condition was the basic
and essential unit of measure of its progressiveness.

The dieoffs imposed on people in Eastern Europe are an indicator of
what does "modern capitalism" actually mean.

I have made a computation recently. In Argentina, 55 children die
each day who -were it not for payments of the foreign debt, which are
around the 35 million dollars a day- would have been alive. This
implies that every 635,000 dollars the foreign bankers receive from
us cost a child's life. Cheap, from the point of view of the banker.

Don't you think so?


Néstor Miguel Gorojovsky
gorojovsky@xxxxxxxxxxxx