[lbo-talk] Goldman on Greenspan & the US c/a deficit

Doug Henwood dhenwood at panix.com
Tue Dec 6 19:41:42 PST 2005


boddi satva wrote:


>Sorry about the over-post but Niall Ferguson and others make an
>extremely persuasive case that military dominance has, througout
>history, been a product of superior financial structures and not the
>other way around.

Oh please. What's a "superior financial structure" but a complex and successful system of bourgeois rule with labor effectively dominated by capital through the beauties of market competition? That whole system worldwide is ultimately enforced by the US military. No US military and what do you think would happen to all those pretty financial structures?

Doug



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