Reform of IMF

Louis Proyect lnp3 at panix.com
Mon Aug 24 17:31:46 PDT 1998


Max Sawicky:
>I fail to see why the mercenary resource
>extraction to which you refer was or is
>necessary to SK-type outcomes elsewhere,
>nor to the G-7 economies, for that matter.
>Looting resources may propel capital
>accumulation, but I don't see it as a
>necessary condition.

US imperialism would never have been in a position to dole out aid through the Marshall Plan, lend money to South Korea, etc. unless it had plundered mercilessly for 250 years. I recommend Howard Zinn's "People's History of the United States" for more information.

Louis Proyect (http://www.panix.com/~lnp3/marxism.html)



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