Re: Re: Re: e: Imperialism in decline?

2002-07-07 Thread Romain Kroes
Does the idea of the exogenous realising of surplus value imply the existence non-capitalist modes of production? Are there any such geographical and sociological spaces left in any part of the world for the realisation surplus value? Ulhas There are very few spaces left, now.

Re: Re: Re: Re: e: Imperialism in decline?

2002-07-07 Thread Doug Henwood
Romain Kroes wrote: Geographically, the whole world is already more or less integrated into the net of the financial markets. But how deeply rooted is this net, to mix metaphors hideously? In national economies, the financial system is deeply bound up with issues of ownership and control of

Re: RE: Re: e: Imperialism in decline?

2002-07-07 Thread Romain Kroes
RE: [PEN-L:27676] Re: e: Imperialism in decline?James Devine writes: I disagree. Marx showed very clearly that capitalism need not suffer from chronic realization problems, i.e., that it was _possible_ for surplus-value to be realized internal to the system. - But Marx did not succeed

Re: Re: Re: Re: Re: e: Imperialism in decline?

2002-07-07 Thread Romain Kroes
Doug wrote: (...) Lots of international capital flows are just hot money moving in and out. They inject and withdraw liquidity, but don't necessarily get deeply involved in the local scene. Direct investment is another matter. - But what about the resultant of capital flows? If this