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Yes, it's not a solution: it's just a stop gap to stop further capital flight, and to ensure continued financing of economic operations while the economy is restructured. And yes, as I said myself, the (relatively) tiny Greek economy can't make it in isolation. But those million umbilical cords will not all be cut (just as the Soviets maintained right from the start their own connections - but under government control - with foreign capitalists). Furthermore, tiny and dependent as it is, a real, semi-autonomous Greek economy exists - how do you think the Greek bourgeoisie (both town and country) survived all those decades, on foreign aid? On Fri, Jun 26, 2015 at 11:45 AM, Louis Proyect <l...@panix.com> wrote: > You don't seem to get my point. "Seizing the banks" is not a solution. > Greece has a dependent economy. It is connected through a million umbilical > cords to the European economy. If the USSR in the 1920s could barely keep > going with all its resources, how is a socialist Greece with a population > about the size of New York and a GDP just a bit larger than Volkswagen > sales supposed to survive? > > > On 6/26/15 11:35 AM, Andrew Pollack wrote: > >> Are the billions which could be made available by seizing the banks, by >> taxing the rich, of no value? >> > _________________________________________________________ Full posting guidelines at: http://www.marxmail.org/sub.htm Set your options at: http://lists.csbs.utah.edu/options/marxism/archive%40mail-archive.com
