Anniversary

Dennis Robert Redmond dredmond at efn.org
Thu Sep 19 17:34:54 PDT 2002


On Wed, 18 Sep 2002, Marc Rodrigues wrote:


> especially economic domination of the u.s. over the world. would it
> be possible for us to have our standard of living if not for the exploitation
> of much of the world?

Size of the global credit economy: maybe 80 trillion EUR. Size of the 3rd world debt: 2.5 trillion EUR. The latter could be cancelled overnight, and Deutsche Bank would never know the difference. IMF austerity is worse than a crime, it's positively *unproductive*.

Another way of saying the same thing: imperialism is a substructure of the total system, a.k.a. the global market.

Another world-system is possible.

-- Dennis



More information about the lbo-talk mailing list