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”What Daniel is implying is that the financial markets are controlled by the political decisions of the capitalist class.” No, I don’t mean to imply that they are CONTROLLED. What I said is they REACT. There’s a very important difference between those words. Financial markets certainly react as they do PARTLY because of conscious decisions in times of conflict (capital flight, destabilization) and partly because people with power over large sums of money tend to become worried about spending on welfare but not so worried by spending on bail outs and arms. > > Daniel Lindvall wrote: "The financial markets (i.e. the ruling class) react > one way when spending goes to bailing out businesses (or buying more guns), > and in an entirely opposed way when it goes to improving the lives of the > working class and the general population." > > What Daniel is implying is that the financial markets are controlled by the > political decisions of the capitalist class. Another version of this same > view is the one that claims that US and European capitalists crashed the > price of oil for political ends - possibly in order to destabilize a > then-radical Chavez regime. > _________________________________________________________ Full posting guidelines at: http://www.marxmail.org/sub.htm Set your options at: https://lists.csbs.utah.edu/options/marxism/archive%40mail-archive.com
