[lbo-talk] Credit crunch a myth?

dredmond at efn.org dredmond at efn.org
Thu Jan 1 12:38:31 PST 2009


On Thu, January 1, 2009 12:13 pm, Doug Henwood wrote:


> But Maoism is stupid. And look where it ended up -
> in a spectacular instance of a new kind of capitalism. Maybe a little more
> critical thinking would have helped.

We should distinguish Maoism as the belief-structure of the 1927-49 Chinese revolution -- something which brought immense positive changes to China and the world, in the teeth of Fascist invasion and US neocolonialism -- and Maoism as a post-revolutionary ideology of an autarkic state, which industrialized under duress. Put another way, Mao had the fortune (or misfortune) to be China's Lenin and Stalin.

-- DRR



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