[lbo-talk] ECB

Mike Ballard swillsqueal at yahoo.com.au
Sun Jun 22 20:52:32 PDT 2003


Date: Fri, 20 Jun 2003 18:15:28 -0400 To: lbo-talk <lbo-talk at lbo-talk.org> From: Doug Henwood <dhenwood at panix.com> Subject: Reply-To: lbo-talk at lbo-talk.org

So Trichet, the incoming head of the European Central Bank, reportedly thinks that Europe needs tough medicine - a strong euro and whatever it takes to fight inflation. This is demented. Next to him Alan Greenspan is Wright Patman.

Doug ************

Isn't Venezuela switching to the Euro with maybe the Saudis next?

Curious, Mike B)

===== ***************************************************************** The unreal unity proclaimed by the spectacle masks the class division underlying the real unity of the capitalist mode of production. What obliges the producers to participate in the construction of the world is also what excludes them from it. What brings people into relation with each other by liberating them from their local and national limitations is also what keeps them apart. What requires increased rationality is also what nourishes the irrationality of hierarchical exploitation and repression. What produces society’s abstract power also produces its concrete lack of freedom.

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