Emmanuel Todd's comments excerpted here might be said to characterize U.S. domestic industrial decline as property relations fettering development of the material productive forces. The Katrina phenomenon might be a microcosm of the larger U.S. system. The trend in U.S. property relations is to move the factories further and further from the locus of the owners, as a byproduct of running the plants away from the U.S. workers. Effectively , this is fettering the development of the material productive forces _in_ the U.S. national territory. Todd says this was why the U.S. was not ready with material forces to defend people from Katrina.
Charles Clip- What really resonates with my representation of the United States - as developed in Apres l'empire - is the fact that the United States was disabled and ineffectual. The myth of the efficiency and super-dynamism of the American economy is in danger. We were able to observe the inadequacy of the technical resources, of the engineers, of the military forces on the scene to confront the crisis. That lifted the veil on an American economy globally perceived as very dynamic, benefiting from a low unemployment rate, credited with a strong GDP growth rate. As opposed to the United States, Europe is supposed to be rather pathetic, clobbered with endemic unemployment and stricken with anemic growth. But what people have not wanted to see is that the dynamism of the United States is essentially a dynamism of consumption. -clip- What has characterized the United States for years is the tendency to swell the monstrous trade deficit, which is now close to 700 billion dollars. The great weakness of this economic system is that it does not rest on a foundation of real domestic industrial capacity. American industry has been bled dry and it's the industrial decline that above all explains the negligence of a nation confronted with a crisis situation: to manage a natural catastrophe, you don't need sophisticated financial techniques, call options that fall due on such and such a date, tax consultants, or lawyers specialized in funds extortion at a global level, but you do need materiel, engineers, and technicians, as well as a feeling of collective solidarity. A natural catastrophe on national territory confronts a country with its deepest identity, with its capacities for technical and social response. Now, if the American population can very well agree to consume together - the rate of household savings being virtually nil - in terms of material production, of long-term prevention and planning, it has proven itself to be disastrous. The storm has shown the limits of a virtual economy that identifies the world as a vast video game. -clip- _______________________________________________ Marxism-Thaxis mailing list Marxism-Thaxis@lists.econ.utah.edu To change your options or unsubscribe go to: http://lists.econ.utah.edu/mailman/listinfo/marxism-thaxis
