Monk-Eye
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- Feb 3, 2018
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" Globalism Of Neoclassical Economics Versus Nationalism Of American School Of Economics "
* Domestic Product Interests Are Not Nurtured But Contracted To The Lowest Global Bidder When Possible *
Neoclassical economics uses the utility theory of value, which states that the value of a good is determined by the marginal utility experienced by the user. This is one of the main distinguishing factors between neoclassical economics and other earlier economic theories, such as Classical and Marxian, which use the labor theory of value that value is determined by the labor required for production [16]
It is the macroeconomic philosophy that dominated United States national policies from the time of the American Civil War until the mid-20th century.[2][3][4][5][6][7] Closely related to mercantilism, it can be seen as contrary to classical economics. It consisted of these three core policies:
*Apparently Australian Government Is Not As Oblivious To Ruin As The American Government *
Australia blocked a Chinese construction company from buying out a domestic builder involved in several high-profile projects, citing national security concerns, local media reported, a sign that tensions between the trading partners remain elevated.
* Kleptocracies Selling Out To Chinese Domination *
Africa has become the fastest urbanizing region of the world, with rural migrants moving into cities a clip that has even surpassed that of China and India, as the continent becomes one of the final frontiers of the forth industrial revolution. This rapid transition presents big challenges but also offers big rewards for countries willing to risk billions in an infrastructure building revolution unlike anything the world has seen before – and no country has answered Africa’s call quite like China.
* Domestic Product Interests Are Not Nurtured But Contracted To The Lowest Global Bidder When Possible *
Neoclassical economics - Wikipedia
en.wikipedia.org
American School (economics) - Wikipedia
en.wikipedia.org
- Protecting industry through selective high tariffs (especially 1861–1932) and through subsidies (especially 1932–1970).
- Government investments in infrastructure creating targeted internal improvements (especially in transportation).
- A national bank with policies that promote the growth of productive enterprises rather than speculation.[8][9][10][11]
*Apparently Australian Government Is Not As Oblivious To Ruin As The American Government *
Australia blocks Chinese buyout of builder over security concerns -media
Australia blocked a Chinese construction company from buying out a domestic builder involved in several high-profile projects, citing national security concerns, local media reported, a sign that tensions between the trading partners remain elevated.
www.reuters.com
* Kleptocracies Selling Out To Chinese Domination *
What China Is Really Up To In Africa
As Africa urbanizes rapidly the presence of Chinese construction teams have become virtually ubiquitous. Is China sharing their expertise and helping lift Africa out of poverty or laying a debt-trap that many countries will struggle to break free of?
www.forbes.com