[lbo-talk] Does QE2 work?

c b cb31450 at gmail.com
Fri Nov 5 09:53:50 PDT 2010


Several decades ago, Sweezy in discussing some projected reform, argued that if the working class had the power to force _that_ on the capitalists, it had the power to overthrow the state. Hence, dreaming of or working for the reform in question was pointless. I rather think nationalizing the banks falls into that category.

Carrol

^^^^^ CB: I rather think so too. And if there was united mass consciousness on the need to nationalize the banks, there would be sufficient consciousness to "begin to build the socialist order."

Right now we'd be doing good if we could get tens of thousands to march on Wall Street.



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