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October 10, 1988 - Image 2

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The Michigan Daily, 1988-10-10

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Page 2 - The Michigan Daily - Monday, October 10, 1988
Economist discusses Perestroika

Harry Magdoff, economist, au-
thor, and co-editor of Monthly Re-
view magazine, discussed during a
speech Friday the significance of
Perestroika, the Soviet Union's pro-
cess of restructuring its economy.
Magdoff's talk began by address-
ing the Soviet economy's sharp
downturn in its rate of growth, but
soon branched into more fundamen-

tal questions of social goals.
Since 1975, he said, this growth
slowdown has been accompanied by
a similar decline in the rate of
growth of industrial inputs, espe-
cially raw materials.
In the next decade, Soviet plan-
ners hope to return to the previous
high levels of economic growth
while the growth rate of inputs con-
tinues to decline. This will require
an unprecedented increase in produc-

tivity, said Magdoff.
"This is the Gorbachev challenge,
the Perestroika challenge," said
Magdoff. "How do you do it?"
Much waste will have to be
eliminated, he said. For example, the
Soviet Union currently produces
twice as much steel as the United
States, for a much smaller manufac-
turing sector.
The restructuring will probably
include more reliance on the self-
development of individual enter-
prises, more use of costs and prof-
itability as criteria in production de-
cisions, and more wage differentia-
tion, he said.
Magdoff stressed that "Glasnost"
is an essential part of this process.
"You can't develop the initiative of
factory workers, managers, and local
people without assurances that they
won't go to jailfor sticking their
neck out, without free discussion,"

he said.
Just as the New Deal was needed
to save U.S. capitalism from the
crisis of the 1930s, Perestroika is an
attempt to save the Soviet system,
while preserving certain ideals of
social justice, said Magdoff. But he
noted that some of the basic issues
of "what is socialism" are not being
So long as the goal of society is
increasing growth, ecological
contradictions will increase, and so
will class distinctions, he said.
"Consumer wants are individual
wants, and if you have an ever-
growing structure of these wants,
other social goals will have to be
sacrificed," he said.
Magdoff's talk was attended by
about 30 people, mostly graduate
students and faculty, and was spon-
sored by the political economy sem-
inar of the economics department.

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is October 15th
Tell your Sweetheart
with a Daily Personal Ad!
The Michigan Daily


Compiled from Associated Press and staff reports
Protests rock Yugoslavia
BELGRADE, Yugoslavia - President Raif Dizdarevic warned yes-
terday that a national state of emergency would be imposed if protests
over financial hardship and ethnic issues do not immediately cease.
Earlier yesterday, tens of thousands of demonstrators took to the
streets, and students in the southern republic of Montenegro began a
hunger strike to protest police violence and demand the ouster of Com-
munist leaders.
In a rare and hastily scheduled nationwide address, a somber Dizdarevic
promised leadership changes later this month during an emergency session
of the federal government and urged measures to reduce inflation, now
averaging 217 percent annually.
Dizdarevic said a "state of emergency could be introduced in Yugo-
slavia if the trend of negative events in the country is not immediately
Rioting kills 200 in Algeria
ALGIERS, Algeria - Soldiers fired into crowds of demonstrators
Sunday who refused to disperse, and police and hospital sources said at
least 200 people have died in rioting over rising prices and a government
austerity program.
The government, without elaborating, confirmed deaths among secur-
ity forces, with the worst violence reported in southern and eastern
Algiers and the western port of Oran. Fighting was also reported in 12
provincial centers.
The official Algerian news agency gave a list of reasons for the
mounting unrest - crop failure, the collapse of oil prices, the global
economic crisis and Algeria's enormous population increase from 9.4
million in 1954 to more than 23 million today.
The unrest began about 10 days ago, when industrial workers staged
strikes for higher wages.
Waste traced to Wisconsin
MILWAUKEE - Michigan officials have traced dozens of syringes
that washed up on the east side of Lake Michigan to a hospital in south-
eastern Wisconsin, a Wisconsin Department of Natural Resources official
The 72 syringes were found last month at Silver Lake State Park in
Oceana County, Mich., between Muskegon and Ludington.
John Nelson, information officer at the DNR's Milwaukee office, said
he did not know the name of the hospital, and that Michigan officials did
not tell him how they determined the source of the debris.
Dave Hewett, vice president of the Wisconsin Hospital Association,
said Saturday that he had heard nothing about the Michigan disclosure.
But he said he would be surprised if Michigan medical wastes were from a
Wisconsin hospital because he believes Wisconsin hospitals follow U.S.
Evironmental Protection Agency rules governing the disposal of infec-
tious medical wastes.
Costs pivotal in choosing

Crime rate rises 1.8 percent
WASHINGTON - Crime levels People living in the West were
rose 1.8 percent last year, the the most likely to have been victims
government reported Sunday, ending of crime last year.
a five-year decline the Reagan Nationally, the number of per-
administration had attributed partly to sonal and household crimes rose
vigorous law enforcement and about 613,000 in 1987 to more than
tougher treatment of criminals. 34.7 million.


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Science, Electrical Engineering or Economics.

4:30pm Intramural Sports Building
Camping trip offering the unique opportunity to
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Dunes National Lakeshore. Also included will be a
day trip to South Manitou Island
TRIP DATES: Friday, Oct 21 thru Sunday, Oct 23, 1988
PRE-TRIP MEETING: Tuesday, October 11 7pm
North Campus Recreation Building
Call 764-3967 for more information and to sign up

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Discuss career opportunities
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NEW YORK - Fewer than six out of 10 young people say they have
saved for college, and nearly 50 percent said tuition costs prevent many
from seeking a higher education, according to a poll of 1,001 13 to 21
year-olds released yesterday.
In addition, more than one out of three teen-agers and young adults
questioned in a survey commissioned by the Council for Advancement
and Support of Education believe the most expensive colleges offer the
best education.
Other findings:
54 percent of America's high school juniors and seniors said they
expect to graduate from college. 67 percent said that in selecting a
college, availability of particular courses and curriculum was "extremely
important"; 44 percent cited the school's academic reputation. Only 20
percent cited social life or athletic reputation as "extremely important."
'M,' MSU rivalries move
beyond football field
Football wasn't the only game played between the University of
Michigan and Michigan State University Saturday.
WHYT-FM 96.3 invited the chapters of Sigma Chi fraternity from
both schools to participate in a bet where the chapter whose school's
football team lost had to clean the elephant manure from the stalls of the
Ringling Bros. and Barnum and Bailey Circus held at Joe Louis Arena,
said Michigan chapter president Derek Koenig.
Michigan State Sigma Chis couldn't be reached for comment.
Meanwhile, members of the Michigan State Students for Riegle and
College Democrats came to Ann Arbor for a campaign tailgate party be-
fore the game. Here, however, MSU won - in a Riegle Olympics where
they played "Pin the Tail on the Dunnkey" - a reference to Democratic
Sen. Don Riegle's opponent, Jim Dunn, while passing out cider, donuts,
and campaign literature to passersby.
- by Miguel Cruz and Michael Lustig

01 befat'Ci'gan 4atwit
1he Michigan Daily (ISSN 0745-967) is published Monday
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AsisantCassif-- dM............D........ ID iN

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