At 9:28 AM +0100 4/4/01, Mark Jones wrote:
>Underlying that process of historical dissolution of
>"actually-existing socialism" throughout eastern Europe was
>something else, and still more fundamental: the emergent
>world-systemic crisis of late capitalism, of which the "socialist
>world" (and ESPECIALLY highly dependent formations like the FRY)
>had long been subordinate parts.
At 12:06 PM -0700 4/4/01, Macdonald Stainsby quoted Michael Parenti:
>" In the late 60's and early 70's, FRY leaders... committed a
>disastrous error. They decided to borrow heavily from the West in
>order to simulataneously expand the country's industrial base, its
>export production and its output of domestic consumer goods. [...]
>this created a huge debt for Belgrade. And the massive debt began to
>develop its own interest fed momentum."
Perhaps, it's worthwhile to re-examine what happened in the 60s &
70s. Instead of considering the FRY leaders' choice as a "disastrous
error," we should see it as an expression of the FRY's subordination
to the world capitalist economy.
Yoshie
_______________________________________________
CrashList website: http://website.lineone.net/~resource_base
