Greenspan IQ query

Rakesh Bhandari bhandari at Princeton.EDU
Thu Apr 6 22:21:36 PDT 2000

Ian, just to add to my point:

In the spirit of Brad's Vietnam gang labor irony, I'd say the greatest irony is that Chinese State Socialism by having developed its infrastructure and labor force to a much more advanced stage than achieved by any of imperialism's semi-colonies now allows capital its best (and perhaps only) shot to defer the breakdown tendency by presenting a viable solution the problem of a shortage of proletarians who are positioned to valorize an ever larger mass of capital. Communism may end up to be capitalism's greatest prop, Chinese Bolshevism to have been the crucial stage in the globalization of capital.

Yours, Rakesh

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