Beyond the War Economy
Program #MELS003. Recorded in New York, NY on October 08, 1991.TWA and Macy's are but two of U.S. corporations to file for bankruptcy. There are daily announcements of new layoffs. Key industrial centers are turning into rust belts. Serious problems plague the economy. Instead of rational planning we have Asia-bashing. The military sector absorbs a huge amount of money, resources, and talent. Until and unless this structural imbalance is addressed and corrected, distortions in the economy will continue.
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