Greetings Economists,
Then the election cycle is rather odd. Why does this reform candidate
suddenly come from nowhere and win the election? to the point of the
democrats having one party rule?
The political force is already building in the U.S. based upon a fall
from hegemonic power toward a reformist agenda. If this is a
depression on a global scale what is the plan Obama can put forward to
preserve 'order' in the face of global creative destruction? In other
words is this a pre-revolutionary moment or reformist shift? I bet
you can't answer that coherently. And you can't get by with saying
the clock is right every twelve hours either. Wallerstein may not be
saying anything by saying his statement but this period is
extraordinarily is clear.
From my point of view political will is appearing out of the mess to
do something and that will can be shaped to goals that are not
reformist. In other words I can challenge your conclusion about what
this moment is and build solid political gains by challenging you.
You can no longer intellectualize these events as if reason alone will
yield results. Your view is being challenged as well Greenspan's.
Capitalism is indeed in crisis. There is only the time now between
realization of the crisis and political will to act. The period in
which crisis bites down and people begin to want to really change, and
the stasis you propose.
thanks,
Doyle Saylor
On Nov 2, 2008, at 7:43 AM, ken hanly wrote:
There certainly seems no difference in the US political system.
Everything is framed in terms of the two capitalist parties and the
same illusions are sold about change and the same bipartisan
imperialist foreign policy espoused by both parties.
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