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Look at what happened to Mitterand, who was elected on the most ambitious reformist program we’ve seen after the post-WW2 ”golden decades”. There’s no need to go all conspiracy theory to see the problem of finance markets for reformism. > > ”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." >> > _________________________________________________________ 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
