Tuesday, November 26, 2002

Finished opening paragraphs and structure of essay. Can't really decide what to call it. Every title that I give it seems cheesy. I suppose I'll decide when I get to my conclusion, otherwise will pervasively ruminate over this detail and won't be able to finish essay. My life the last few weeks has been about this essay. About foreign investment in China and why socialist national planning is key strategy to promoting growth (as opposed to open door liberalization policies).

Went to class last night. Prof K. needs to teach a class just on cocoa in Ghana. Forget the economic models. Just focus on what happened to Cocoa exports in Ghana since 1890. Did you know that Ghana began exporting only 80lbs of cocoa in 1890, but production expanded so fast that in 20 years they were exporting 30 000 tonnes? Do you know also that Hersheys, Ghiradelli and Nestle are all dipshits because they refuse to let Ghana export cocoa as a staple (ie: chocolate or roasted beans) because they claim they have some secret formula for roasting the beans? Oppressive capitalist MNCs determined to keep Ghana as a low income agrarian economy instead of letting it develop the capital and linkages to increase growth. Now you know why you see all these starving babies on TV and why they keep defaulting on their World Bank loans.

Yes, I'm going through a very Marxist phase this semester.

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