Carrol Cox wrote:

And as to
"crisis" -- crisis for whom, where? Currently all seems well for the
ruling class.

You don't think they have a little problem in the Middle East? The US
is losing in Iraq, and Israel got kicked in Lebanon. Hamas,
Hezbollah, and Iran are stronger than ever. And in LatAm,
neoliberalism is being rejected in country after country and a self-
proclaimed socialist is nationalizing property in Venezuela. Other
than that, I guess all is well.

Doug


^^^^^^^^

I tend to agree with Carrol. In relative terms, there is a lot less building
socialism around the world than 40 years ago. There doesn't seem much threat
of socialist revolution or social democratic reform in the U.S. like in the
20th Century. In the Middle East, there's a much bigger U.S. military
occupation than ever before. I guess the latter might be a potential crisis,
but if you were in the U.S. ruling class , wouldn't you rather the U.S.
military were there ? What's the ruling class purpose for all this military
if you never use it ? Also, with Hussein gone, nobody to lob missiles at
Israel. Isn't Israel less under threat than in the past generally ?

On the other hand, capitalism always has irreconcilable contradictions, so,
that crises for the ruling class are inevitable. But they've dealt with them
in the past, much bigger one's than these. They are experts at containing
the crises, or at least they have the institutional memory to do so.

The biggest problem they have is global heating. They must have their think
tanks trying to figure out how to create enclaves for rich elites to avoid
the effects of that.

Babeuf

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