[lbo-talk] Capital strike?

[C. G. Estabrook]

Doug Henwood wrote:
> 
> On Sep 27, 2008, at 10:05 PM, C. G. Estabrook wrote:
> 
>> To what extent can the current imbroglio be accurately described as a 
>> capital strike?
> 
> Not much at all. Banks are refusing to lend to each other. If they're on 
> strike, it's against their own kind.

Of course the classic response to a labor strike is that "the workers are only 
hurting themselves."

And the old man in the British Museum pointed out (when he was a young man) that 
every businessman is an enemy of every other businessman.  That's why the 
bourgeoisie needs an executive committee.  --CGE