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True, but there must be some way to discuss the intersection of economic and political inequalities at the international level, which are discussed, however ahistorical and erroneously, by the campists, without ignoring the internal class dynamics of each nation. Isn't the primary criticism of the campists that they ignore internal class dynamics at the expense of a static geopolitical analysis? Why then ignore geopolitical analysis and focus solely on internal class dynamics? While Lenin's theory of imperialism may connote a certain economic reductionism, that does not negate the fact that finance capital plays an important role in the movement of politics and war iatthe international level. Why throw the baby out with the bathwater? And I'm not talking about the conspiracy theory stuff, or the absurd bloc of nations critiqued by Michael Karadjis. It seems to me if you ignore one at the expense of the other, you end up with a distorted perspective. Greg McDonald On Fri, Jun 20, 2014 at 10:24 AM, Andrew Pollack via Marxism < marxism@lists.csbs.utah.edu> wrote: > > > The formal logic struck me too when reading Williams' sections on finance > capital and wealth, who's got 'em or not. There's no sense of direction of > motion. Yes, Russia and China have comparatively less finance capital > needing to be invested abroad (although China's propping up of Treasury > bills with revenue from commodity exports is nothing to sneeze at as a > factor impacting diplomacy and military behavior). But both countries want > and need to head in that direction, are impelled to do so by the > resurrected laws of motion of capital in their countries. > ________________________________________________ Send list submissions to: Marxism@lists.csbs.utah.edu Set your options at: http://lists.csbs.utah.edu/options/marxism/archive%40mail-archive.com
