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Re: global keynesianism

by Richard N Hutchinson

20 April 2000 13:43 UTC


I'm quite sure that Samir did not mean too radical in the sense of the
goal -- he meant too radical in terms of praxis.

He does advocate institutional reforms of the IMF and so forth, and sees
that as part of the agenda of progressive forces of the North.  But his
analysis of the polarizing nature of global capitalism leads him to
advocate a long-range strategy of "popular nationalism" in the periphery.
The purpose of institutional reforms is to facilitate "polycentrism," and
the possibility of progressive transformation in the periphery.

In other words, he is not criticising this reform proposal because it goes
too far, but because his assessment is that it is based on idealist
assumptions about what is possible right now at the level of reforming
core-dominated institutions. His strategy is a  revolutionary one,
although far from orthodox.

RH


On Thu, 20 Apr 2000, g kohler wrote:
> 
> >On Wed, 19 Apr 2000, Andrew Wayne Austin wrote:
> >
> > Keynesianism designs to preserve and expand capitalism.
> >Socialism designs to overthrow capitalism.
> >
> 
> 
> A few years ago _Monthly Review_ magazine had an article in which Samir 
>Amin
> (transnational socialist) critiqued some recent writing by Meade (global
> Keynesian). (I believe this is reprinted in a recent book by Amin as one 
>of
> the chapters.) Guess what Amin came up with (after a very fair discussion 
>of
> the key points made by Meade)? Amin said: this global Keynesianism of
> Meade's is a very fine project!....and, now listen to this: it is *too
> radical*!
> 
> Gert Kohler
> Oakville, Canada
> 
> 

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