[lbo-talk] more predation

Mike Ballard swillsqueal at yahoo.com.au
Sat May 31 22:58:33 PDT 2008



> Mother Jones
> May/June 2006 Issue
>
> The Predator State
>
> Commentary: Enron, Tyco, WorldCom... and the U.S.
> government?
>
> By James K. Galbraith
>
>
http://www.motherjones.com/commentary/columns/2006/05/predator_state.html from which the following appears:

The idea of class struggle goes back a long way; perhaps it really is “the history of all hitherto existing society,” as Marx and Engels famously declared. But if the world is ruled by a monied elite, then to what extent do middle-class working Americans compose part of the global proletariat? The honest answer can only be: not much. The political decline of the left surely flows in part from rhetoric that no longer matches experience; for the most part, American voters do not live on the Malthusian margin. Dollars command the world’s goods, rupees do not; membership in the dollar economy makes every working American, to some degree, complicit in the capitalist class. ***********

We're ALL guilty, if we live in the USA or by extension, the "First World"!

Bullcrap, Weathermanistic premises.

Sure, there is a predatory State, run by our rulers. But when was this not so? The good old days of the 19th Century when slavery existed (with lots of complicity by the "American Voters"? How about during Teddy Roosevlet's time. Give me a break. "American voters" indeed. Yeah, blame the newer, faster capitalism on the complicity of the "American voters", the ones who are manipulated from cradle to grave.

We've got what, $70 trillion floating around in the hands of big investors waiting for the right killing to be made in the market for commodities?

That money flows out of the productive labour of workers within the wages system of the world, including the very productive workers of the USA. Marx's critical analysis of Capital is even more relevant than it was in the 19th Century.

Mike B)

The carbon atoms in your body were forged inside a star somewhere, billions of years ago. http://www.myspace.com/ballardoso

Get the name you always wanted with the new y7mail email address. www.yahoo7.com.au/mail



More information about the lbo-talk mailing list