Sowing Dragons

Dennis R Redmond dredmond at oregon.uoregon.edu
Fri Apr 14 01:25:35 PDT 2000


On Wed, 12 Apr 2000, D.L. wrote:


> think your confidence in Euro-banks and keiretsus as instruments of
> socialist change is misgiven.

Let's get one thing straight here: using the Euro/Asiakeiretsu to critique Anglo-American capitalism is not an endorsement of Capital, capitalism(s), or capitalists. It's a way of showing that neoliberalism is a fraud, even on its own economistic terms, and of historicizing the current phase of the capitalist world-system we happen to live in. The superstate of the European Union may yet be an instrument of progressive change; Eurocapital, never. But if we don't know what the heck Eurocapital/Asiacapital are doing or how they're organized, right down to their financial-industrial DNA, the catastrophes of the 21st century are going to make those of the 20th look like a tea party.

-- Dennis



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