Oct 22, '09
After many many years USA has learned what compulsions were there of nations such as CCCP,england, france, say india, in owning big stakes in big companies in their country. now USA is owning 60% stake in General motors ( Government motors they call it).
now next step USA must learn from these countries how and when to do disinvestment when such ventures need privatisation.
i dont know whether American colleges teach these economics to students or just harp on their capitalism like Neros fidel. after all these are newer economics of 21st centuries mastered by countries like india, u k, france, russia etc inpite of queer pitch by so called communists in these counries.
these communists are blind to fact that communist economics has sunk in countries like russia And china etc and they are still following failed policies especially armed uprising( maoists) and opposition to privatisation. world has come at least 100 years ahead for such things and may be some adivasis in jungles still follow these communists.
very funny indeed