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I happened to have a copy of Kicking Away the Ladder handy. In the relevant passages, Ha-Joon Chang is discussing tariffs and similar policy.  He does not mention thumbs at all, as far as I can tell.  The relevant passages of Chang's discussion cite Eric Hobsbawm's Industry and Empire.
by External Student on Sun Sep 1st, 2013 at 10:25:55 PM EST
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Welcome to European Tribune, External Student.

"It is not necessary to have hope in order to persevere."
by ARGeezer (ARGeezer a in a circle eurotrib daught com) on Mon Sep 2nd, 2013 at 12:22:58 AM EST
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longtime listener/first-time caller.  Thanks.
by External Student on Mon Sep 2nd, 2013 at 09:52:20 AM EST
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And the concept of Kicking the Ladder Away is quite apt on its own here ... the adoption of Free Trade dogma by the UK after its previous protectionist policies had served their purpose, the increasing adoption of Free Trade dogma by the United States once it was the largest, most productive economy in the world, setting aside 160 years of protectionist industry development from 1790 through 1950.

Unfortunately for the domestic US economy, economies aren't static, and we actually still needed that ladder to keep climbing ourselves ... but for the Neo-Aristocrats, its not much issue whether the shares are yielding income from income-led growth in the US or from grabbing a larger share of income from wage earners, or from distributing production around the world, so long as the income to the ownership shares keeps flowing.

I've been accused of being a Marxist, yet while Harpo's my favourite, it's Groucho I'm always quoting. Odd, that.

by BruceMcF (agila61 at netscape dot net) on Mon Sep 2nd, 2013 at 05:00:07 PM EST
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Of course.  Raise the drawbridge after me.
by rifek on Mon Sep 9th, 2013 at 01:23:09 AM EST
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