[lbo-talk] Imperial Health

Carrol Cox cbcox at ilstu.edu
Sun Nov 6 10:22:48 PST 2005


An interesting (and rather persuasive) article appears in the new NLR, "Superintending Global Capital" by Leo Panitch & Sam Gindin. Among other things it links the weakness of u.s. labor to the continuing strength and vitality of u.s. imperialism. It also strongly suggests that the balance of trade 'problem' is not a problem but both an index to the strength of u.s. capital. One nice touch: they suggest that the Bank of Japan should be regarded as merely the Tokyo branch of the Fed.

Carrol



More information about the lbo-talk mailing list