J. Devine:
I'd say that the "finance capitalists in the biggest imperialist countries" instead represent the dominant faction of the world ruling class (which involves a bunch of competitive factions). ^^^ CB: True enough. I don't think there are very many competitive factions within the US especially with respect to issues that are important in the struggle between the ruling class and the ruled class. The ruling class continues to rule by having greater unity and consciousness on the issues sharpest in dispute in the class struggle. ^^^^^^^ However, it's often hard to draw the line between the financial and industrial wings of the capitalist class. ^^^^^ CB: Yes, Lenin discussions of this are still basically good 90 years later on this. Finance capital is a merger of finance and industrial capital with finance dominate. Thus , Wall Street finance capitalists were bailed out an order of magnitude greater than GM and Chrysler back during the bailouts. And GM and Chrysler had to go to D.C. and grovel in Congress; whereas Wall Street ordered their bailout from New York. ^^^^^ I'm not sure that the capitalists in the BRICs are that different from those in the richer countries, either. ^^^^ CB: China's are quite different.They are dominated by the Communist Party. It's capitalism under wraps, a truly new form. It is the state dominating the monopolies instead of the monopolies dominating the state. _______________________________________________ pen-l mailing list [email protected] https://lists.csuchico.edu/mailman/listinfo/pen-l
