En relaci�n a Re: [CrashList] Followup on the dollar and the US,
el 30 Aug 00, a las 18:13, Julien Pierrehumbert dijo:
> Nestor,
>
> >My only comment would be that in
> >the case of the USA, a devaluation would not of necessity mean a
> >"structural adjustment". The obvious aim is to boost US exports and
> >sweep away exports ...
>
> Isn't that the whole point about structural adjustment? Killing
> doemstic demand and creating competitive export sectors, I mean. OK,
> this is not the only possible consequence to devaluation but given the
> current mood of the US ruling class it wouldn't be surprising, isn't
> it?
No, and here I see a point to debate in depth. The basic idea behind
structural adjustments, an idea that is by definition impossible to
apply to a self-centered economy (unless one wants to risk a new
World War, since similar though not exactly identical proposals were
applied to Germany after 1918), is definitely NOT that local
productive capacities are boosted in order to outcompete others on
the world market, but that these capacities are turned nil so that
the country disappears as a competitor on the world market.
"Adjustment" means to deconstruct and reconstruct the domestic
economic structure so that this structure is better adapted to
subservience to the dictatorship on world market established, almost
"naturally", by those economies so arranged that they do not need to
resort to foreign trade in order to keep themselves running, but only
in order to either obtain resources they lack or substitute some
imported commodities for others that, if produced within the country,
imply a strain on the process of accumulation.
N�stor Miguel Gorojovsky
[EMAIL PROTECTED]
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