If Indonesian capital can escape the contradiction between production and
consumption through the export of consumer goods--as suggested by Jim-- why
can't US capital escape the same contradiction through the export of
investment goods to markets in Asian and Europe? In other words, hasn't the
"globalization" of investment demand allowed US capital to escape the
limits of insufficient domestic consumer demand and thus terminate the
Marxian contradictions?

Rakesh Bhandari
Ethnic Studies
UC Berkeley




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