That's worth a lot, but I don't think invading Iraq was necessary to secure it, or if it was due to be lost, that invading would prevent the loss.
>I would have thought that dollar seignorage and issuing debt on a global scale >provides more future rents than any of the costs now. they maintain a stature >of empire. > >----- Original Message ---- >From: Max B. Sawicky <[EMAIL PROTECTED]> >To: Progressive Economics <[email protected]> >Sent: Friday, March 14, 2008 12:21:31 PM >Subject: Re: [Pen-l] War costs and costs and costs by Joseph Stiglitz > >I don't think the rents offset the cost.<BR>Like other things the Gov is known >to do, this is a money-losing<BR>enterprise. Money was a motive going in, but >more important<BR>was control for politics' sake. > > > >soula avramidis wrote: >> >> What this simple accounting techniques conceals that in the >> deepening financilaisation of imperialism, the grab for land and >> oil control lead mounting imperial rents. What more because in the >> near east oil and war coexisted as if in a permanent state, I >> heard a lecture the other day at SOAS in which the speaker says >> that there is rent accruing from the calibration of the degree of >> conflict and instability in the near east by which the US ruling >> class extorts the resources of the rest of the world. >> >> >> In value terms that are created by non monetized social activity >> the economic gains to capital are immense, hence colonialism in >> one form or another. >> >> >_______________________________________________ >pen-l mailing list >[email protected] >https://lists.csuchico.edu/mailman/listinfo/pen-l > > > Be a better friend, newshound, and know-it-all with Yahoo! Mobile. Try > it now. > >_______________________________________________ >pen-l mailing list >[email protected] >https://lists.csuchico.edu/mailman/listinfo/pen-l _______________________________________________ pen-l mailing list [email protected] https://lists.csuchico.edu/mailman/listinfo/pen-l
