Rick,

I confess I may have incited that deft repartee about your film with my
question, "what's the 'alternative solution'?" Granting that there's nothing
about Hawaiian shirts in the film, "radical transformation" still strikes me
as rather vague. And "alternative structures of enterprise" doesn't address
the macro issues, as I understand them.

Is there a concrete policy proposal that you could put forward that could
serve as a transitional measure toward achieving your alternative solution?
If so, is it a proposal that even conceivably could win broad enough popular
support in the USA to put it on the political agenda? Or are we talking
about "if wishes were horses..."

Sandwichman

On Tue, Mar 24, 2009 at 11:27 AM, Rick Wolff <[email protected]>wrote:

>
>        With some deft repartee, the film was criticized on this list for
> the alternative it offers. Something having to do with Hawaiian shirts. The
> film actually critiques the now mainstream solutions of more or less
> Keynesian vintage, the reregulation nostrums now also fast becoming
> mainstream, etc. It makes the following simple two points: (1) that these
> mainstream solutions (like those of their predecessors in the New Deal) all
> leave in tact corporate structures with their decision-making boards of
> directors responsible to the tiny numbers of major shareholders, and (2)
> that such boards have the incentives to evade, weaken, or undo those
> solutions when and where they constrain profits and also the resources
> (corporate profits) to realize those incentives. Perhaps, the film aims to
> suggest, the failure to control let alone prevent capitalism's instability
> as expressed in crises large and small (and the immense social costs
> thereof) has something to do with exempting that structure of enterprise
> from question, let alone radical transformation. The film offers a brief
> sketch of an alternative structure of enterprise and reasons why it would
> not have made key decisions leading to this latest capitalist crash.
> Granted, there is not much about Hawaiian
> Shirts, but then again, the film has something to say.
>
> Rick Wolff
>
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