On Jun 29, 2010, at 9:25 AM, Carrol Cox wrote:
> It is really detached from reality to speak of the "fall" of modern
> empires or of the "decadence" of capitalism. The organic metaphor of
> decadence was relevant only to empires based on coercion-grounded
> exploitation. It has no relevance to capitalism, which is endlessly
> self-renewing through the very ccatastrophes that tempt weak-minded
> anti-capitalists to shout hurrah, capitalism is falling.
This is exactly right. I often wonder - just how much did Britain suffer from the decline of its empire?
Doug