state & markets

[Wojtek Sokolowski]

At 10:14 PM 12/16/99 -0500, you wrote:
>In a message dated 99-12-16 19:09:55 EST, you write:
>
>Nathan: << Does global capitalism need these
> >multinational institutions to exert its power?  Unlike you, I am not
> >convinced that the answer is yes or even that capital would be weaker
> >without them.
> 
> Doug: That's a good question, and I can't figure out the answer. >>

If we assume, as Rosa Luexemburg & Co. did that capitalism needs a constant
expansion to maintain its profitablity and survive them yes, multinational
institutions are the means of opening "markets" for capitalist exploitation
and can be thought of as a life support of monopoly capital.  recurrent
crises is another option, but not very viable politically, I suppose.

wojtek