Observation and Questions.

Michael Cohen mike at cns.bu.edu
Mon Oct 19 15:39:02 PDT 1998


1. It was interesting to read the first of Max's editorials at http://www.intellectualcapital.com. Max's point of view is that government surpluses simply ought to be invested as infrastructure because the rate of return would be greater than the 5% obtained by paying down the debt. Other than confusion about social security, if I had to characterize the Center of the Point of View it would be somewhere between liberterian (the state is stealing my money, if I want to sqaunder it its my right), to distrust, government beaurocrats are incompetent, we don't want the wasting our money, with the "majority" favoring a tax refund or perhaps paying down the deficit.

Such a viewpoint among a large proportion of the voting public if true makes it difficult to accomplish anything progressive. Either the individuals are seeing their interests as coinciding with the ruling class or adopting a

strong form of distrust of any authority which makes accomplishing anything other than the status quo difficult. Other than economic disaster and joint struggle among a naturally allied class of such people, I find it hard to see how such attitudes will change for the better. Does anybody have any good ideas.

2. For people who feel that capitalism is going to suffer a long term or short term overthrow vary from siezure of power by a Revolutionary Proletariat following an economic collapse of capitalism whereby the only people to have a living income is a small percentage of the population. Presumably there would also be a crisis of legitimation, whereby the Army would refuse to fight for its ruling class masters making such a revolution possible. On the other hand there are people that believed that in a democratic society the views and needs of Labor would take power gradually and the relationship towards the means of production would be gradually changed towards socialism, say for definiteness in a radicalized version of Swedish Social Democracy. What always seemed missing to me in these accounts is precisely what is compelling in the Marxian analysis of the rise of capitalism. That is a concrete discussion of how the day to day benefits of the new proletariat were simulaneously necessary for and useful to and destructive of the prior order of society although I know Marx and Lenin tried on the basis of little evidence to extrapolate such. From this point of view, is there a recent discussion of these sorts of issues which are really very old with references to contemporary examples, by contemporary I mean post WWII.

--mike -- Michael Cohen mike at cns.bu.edu Work: 677 Beacon, Street, Rm313 Boston, Mass 02115 Home: 25 Stearns Rd, #3 Brookline, Mass 02146 Tel-Work: 617-353-9484 Tel-Home:617-734-8828 Tel-FAX:617-353-7755



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