[lbo-talk] corporate rationality

Doug Henwood dhenwood at panix.com
Wed Oct 14 08:23:27 PDT 2009


On Oct 14, 2009, at 9:43 AM, c b wrote:


> In sum, capitalism _in Asia_ , too, "needs" White
> supremacy.

Present tense? Sure, the imperialism that produced white supremacy alongside it, was crucial to the global establishment of capitalism. But you may have noticed that the U.S. now owes China over a trillion dollars. According to the classical Leninist model, which as I recall you endorse (though I don't), that would make China the dominant, and the U.S. the exploited, party.

Doug



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