Yes, the word predict is a bit crude, but the direction of
capitalism as imperialism = finance capitalism and more and more
concentration of wealth (monopoly) fulfills the trends that Lenin made
famous. ( Lenin made Hilferding's ideas famous). And the
concentration of wealth is in the finance
The same
sort of things got said about SLs (which made loans to urban
neighborhoods) and junk bonds (which were used to finance government
and business in urban neighborhoods).
CJ
CB: I didn't know this. Did you ever look at that _The Creature from
Jekyll Island_ which was written
In a message dated 11/22/2010 9:10:31 A.M. Eastern Standard Time,
cb31...@gmail.com writes:
Yes, the word predict is a bit crude, but the direction of
capitalism as imperialism = finance capitalism and more and more
concentration of wealth (monopoly) fulfills the trends that Lenin made
I agree that concentration and centralization of productive forces grow out
of the inherent logic of industrial - electro-mechanical, reproduction. In
the Soviet Union concentration and centralization of productive forces
created expanding public wealth without centralization and
Comment
The property aspect of production relations (social relations of production
with the property relations within) have NOT changed or what is the same,
the wage labor form remains the wage labor form. Bourgeois private
property remains bourgeois although this form of wealth is
http://www.guardian.co.uk/commentisfree/2010/nov/20/human-nature-politics-left-right#start-of-comments
Who's correct about human nature, the left or the right?
Most conservatives see it as 'common sense' that humans are selfishly
competitive – but things looked different pre-capitalism
On Mon, Nov 22, 2010 at 10:22 AM, waistli...@aol.com wrote:
I agree that concentration and centralization of productive forces grow out
of the inherent logic of industrial - electro-mechanical, reproduction.
CB: I think Marx's position is that it is inherent to the logic of the
.the tendency of imperialism to split the workers, to strengthen
opportunism among them and to cause temporary decay in the
working-class movement, revealed itself much earlier than the end of
the nineteenth and the beginning of the twentieth centuries; for two
important distinguishing features of
(The Federal Reserve chart is available at
_www.ny.frb.org/research/staff_reports/sr458.pdf_
(http://www.ny.frb.org/research/staff_reports/sr458.pdf) )
Road map that opens up shadow banking By Gillian Tett Financial Times
November 18 2010
This week, a senior banker friend gave me a
://detnews.com/article/20101122/LIFESTYLE04/11220335/Pope’s-condom-comments-may-impact-AIDS-fight--his-legacy#ixzz1620ARcAv
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_http://www.youtube.com/watch?v=u0V2MdklcAEfeature=related_
(http://www.youtube.com/watch?v=u0V2MdklcAEfeature=related)
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CB: I think Marx's position is that it is inherent to the logic of the
capitalist mode of production, wage-labor/capital property relations,
regardless of the technological regime. The computerization of production
doesn't
change this tendency to concentration of wealth. It accelerates it,
On Mon, Nov 22, 2010 at 3:30 PM, waistli...@aol.com wrote:
CB: I think Marx's position is that it is inherent to the logic of the
capitalist mode of production, wage-labor/capital property relations,
regardless of the technological regime. The computerization of production
doesn't
change
As I posted before, it's deja vu all over again when you get down to
what human relations create such crises.
JP Morgan himself was caught up in helping to create the crisis,
although he went down in history as one of those guys who helped
overcome it. BTW, I don't necessarily agree with the
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