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On 09-11-29 5:24 PM, "Matthew Russo" <[email protected]> wrote:

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 we all agree that
> the economy we are talking about is capitalist, and that it has experienced
> some kind of at least conjunctural "crisis".


Opening salvo:

We certainly DO NOT ALL AGREE that what we are talking about is capitalist.

What we are witnessing is rather the reconfiguration of bourgeois
institutions as they circle their wagons to preserve what remains of
dysfunctional accumulation. Calling this capitalist is a misnomer and only
adds to the confusion.  The economy in and of itself  functions with
hypertrophied financialization, its instruments of exchange are but
atemporal shadows of a universal equivalent and the only sector of
production which shows great gains is the war machinery.

 Does this crisis present an
> opening for the working class (that's us)?
YES BUT NOT IN AMERICA - where fortunately capitalism could not penetrate
all social relations.
As Marx found out in his later life the revolutions would take place exactly
not where capitalism formed weak links but where there still existed non
capitalist accumulation,  which for us means most of Latin America, Africa
and S.E. Asia. 

You may want to read Tom Sekine on the Ex-capitalist transition.

nchamah









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