Decline of American Power?

Doug Henwood dhenwood at panix.com
Thu Oct 10 16:11:07 PDT 2002


Yoshie Furuhashi wrote:


>I don't dispute the point about all the capitalist elites' interest
>in and willingness to maintain "the last resort." What I question
>is their capacity. Are all crises amenable to such management? No
>possible crisis of capitalism that cannot be resolved by
>politico-economic interventions by the capitalist elites?

Not in theory, but the historical record is on their side. Which isn't to say there can't be that one time....

Doug



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