On Nov 10, 2008, at 1:29 PM, James Heartfield wrote:
> We are talking as if regulation was a good thing. But regulation can
> be a means to capitalst domination, just like deregulation.
Well yeah. Which is why I said this:
> Another point re: whether Paul Adolph Volcker is a neoliberal and/or
> deregulator. There's a good chance that an Obama admin will tend
> towards some Progressive Era-style rationalization of capitalism
> after the wreckage of another Gilded Age. It will be about
> consolidating capitalist power, but it won't look like the previous
> freewheeling era. Shouldn't part of the task of a left in such a
> period be to point out that the change might not be as radical as it
> looks to some? To misread Volcker as another neolib/dereg'er would
> be to miss that.
It's actually "Adolf" - apologies.
Doug