Well before Tony Blair went kissing W's butt.  The British held on to
a certain prestige until the Suez invation, when Eisenhower put his
foot down.  The British relented and put the very pro-US Harold
Macmillan into office.  Since then, Britain's special relationship has
meant subservience to the US.

On Wed, Mar 30, 2011 at 3:33 PM, Jim Devine <[email protected]> wrote:
> michael perelman wrote:
>> In The Invention of Capitalism, I mostly dealt with domestic primitive
>> accumulation in England.  In my new book in progress, I treat
>> primitive accumulation in the colonies as the fuel of the domestic
>> economy, but also as an ultimately self-defeating project because much
>> of the surplus was dissipated in imperial wars.  As a result, the
>> great imperial powers, Spain, Portugal, Holland, England ended up as
>> lesser powers.
>
> England ended up as a lesser power? in which century?
> --
> Jim Devine / "Segui il tuo corso, e lascia dir le genti." (Go your own
> way and let people talk.) -- Karl, paraphrasing Dante.
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-- 
Michael Perelman
Economics Department
California State University
Chico, CA
95929

530 898 5321
fax 530 898 5901
http://michaelperelman.wordpress.com
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