globalization & Pynchon?
Jane Sweet
lycidas2 at earthlink.net
Wed Apr 25 23:46:13 CDT 2001
Jane Sweet wrote:
>
> Exports and Imports of goods as a percentage of Gross
> Domestic Product in current market prices for the USA is
> around 15-16 percent. That's Exports and Imports and that
> includes intangibles and tangible products. Take away the
> financials and services and Imports and as a percentage of
> GDP, what the USA exports is very little. So the argument
> that runs, the USA is exporting its culture and products all
> over the globe, manufacturing it in the developing world
> with cheap labor blah, blah, is, to put bluntly, Bull.
BTW, in 1973, the year GR was published, though it was
probably written earlier,
Exports and Imports of goods as a percentage of Gross
Domestic Product in then current market prices for the USA
was
10 percent. And again, that's exports and imports, and
intangibles, like currency, stock, bonds, etc., so what the
USA exported in 1973 to the entire globe was around three
percent of GDP. Granted, the US GDP is HUGE, but again,
Canada is and was the largest part of US trade. So
globalization was more of a myth then than now.
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