There is no need to generalize beyond necessity. There is nary a word about economic determinism or Marxism in my post. I was simply pointing out some facts that Gar Lipow neglected. I did mean to imply that getting a better deal for oil companies might be one reason for intervention. I am sure it is not the only one. Perhaps another is creative destruction. Look at all the western made and provided planes, equipment etc. being destroyed as Gadaffi's military assets are bombed. Then there is a half billion or so destroyed in allied missiles. Military Keynesianism and a huge stimulus program. It will also increase the deficit and provide a marvelous opportunity to;cut more social programs and further weaken labor. Finally it is a shot in the arm for humanitarian imperialism. What a rush it must give to be supporting American values, aiding idealist rebels and playing lead role in a morality play that is Televised and Twittered etc. all day every day for some time now.
Cheers, ken ----- Original Message ---- From: Louis Proyect <[email protected]> To: Progressive Economics <[email protected]> Sent: Mon, March 28, 2011 1:14:22 PM Subject: Re: [Pen-l] from Juan Cole: An Open Letter to the Left on Libya On 3/28/2011 2:05 PM, ken hanly wrote: > > Gadaffi did not give the west everything it wanted as far as oil is >concerned. > The state retains a 70 per cent interest in projects. A new government could > privatize that interest and it would be a huge boon for foreign oil. I do not > know how having a ceasefire and negotiating a solution would have more > casualties than allowing battles for cities. Even if Gadaffi is actually > defeated in a short time there could be a situation as happened in Iraq after > the defeat of Hussein. Loyalists kept on the struggle to the present with > continuing casualties. > I plan to write at some length about this but I got misled into thinking an intervention was not going to happen because Libya had an open door policy to foreign oil companies. I think that this is more economic determinism than Marxism but need some time to think this through carefully. _______________________________________________ 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
