< < <
Date Index
> > >
Re: No revolution will be needed to...
by Threehegemons
10 July 2003 19:08 UTC
< < <
Thread Index
> > >
In a message dated 7/10/2003 12:46:07 PM Eastern Standard Time, 
tganesh@stlawu.edu writes:
> But you won't hear any analysts explain that the reason there is renewed 
>interests in the market economy by the capitalists class is due to the fact 
>that we now have a captive market of 26 million who have been doing without 
>during 12 long years of sanctions.  That's a lot of pent up demand.  And when 
>we control the purse strings on their economy,  then we control how much they 
>will borrow, from whom they borrow and at > what rate of adjustable interests 
>they borrow.
Well, if this is the case (I have my doubts) there is still the question of who 
fills their purse(recall that after World WarII, it took quite a bit of work to 
get money out of the US congress for rebuilding--and that was when the US had a 
commanding lead in the world economy).  I also have my doubts that the US could 
assure that if the Iraqis were given some sort of bounty to rebuild that it was 
spent on US goods.  And when the US goes to privatize the country, Europeans 
will probably buy up more than Americans.  Look at Latin America.  Africa is 
even less auspicious than Iraq.  In any case, the US is already overstretched 
with the occupying force in Iraq.  Already problems are emerging because the US 
can't bring its forces home.  Meanwhile the US can't increase the size of its 
army because of politics--and it hasn't had much success finding others willing 
to occupy Iraq in place of US troops.  Niall Ferguson was right--the US does 
not have the stomach for empire.
<The only way there is going to be any revolution is if and when the capitalist 
classe has a violent falling out among themselves.>
Its the only way revolutions have ever happened anywhere.  On a global scale, 
this is in fact what is happening.  Its why the US couldn't get a security 
council vote for the war.  Of course, they try to suppress their differences, 
but they will probably crop up again.
Steven Sherman    

< < <
Date Index
> > >
World Systems Network List Archives
at CSF
Subscribe to World Systems Network < < <
Thread Index
> > >