Russia news - loans & war

Dennis R Redmond dredmond at OREGON.UOREGON.EDU
Wed Mar 31 12:46:47 PST 1999

On Wed, 31 Mar 1999, Carrol Cox wrote:

> is merely harmless nonsense. But when you step into the real
> world you have to recognize that the only way any state has
> obtained hegemony within the capitlist system is through major
> military action.

Nonsense. The US didn't bomb the UK into the Stone Age, did they? Instead US firms gradually coopted Brit markets. The world wars of the 20th century have been about conflicts in the semiperiphery, not conflicts in the core. The credit card is mightier than the B-52. And guess what? The US no longer owns the credit card.

-- Dennis

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