Bill Fletcher Jr. on Internationalism (Jim O'Connor)

Max B. Sawicky sawicky at epinet.org
Sat May 6 15:52:09 PDT 2000


. . . US securities laws are far tougher than Europe's just as every corporation would rather be sued for environmental torts in Europe than before a US jury. . . .

Insofar as capital markets based in the U.S. are more liberalized and open, in line w/NN's points, it could be argued that capital is less entwined w/the U.S. state than in other countries. Rather, capital has a more supra-national character. Not necessarily more benign, but different from France, Germant, etc. Nor does this make our state more benign in respect of the working class. But less corporatist, I would say.

mbs



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