What I find interesting is that as countries throughout the world fall
into crisis, highlighting the fact that capitalism (in many different
forms) is increasingly unable to deliever any kind of stability much less
growth much less human satisfaction, mainstream analysts continue to try
and defend the capitalist market as the answer.  Thus, the crisis in Asia
is blamed on states that interfered too much in allocating capital.  The
crisis in Russia is because the old guard has successfully blocked the
transition.  etc. 

Thus, one question: how successful do you think they are in this country
in promoting this understanding of the crises.  How successful do you
think they are in promoting this understanding in the countries in crisis.
In South Korea, for example, many people remain uncertain as to what
conclusion to draw from their crisis.  They hate the chaebol (large
conglomerates) and they blame the crisis on them and the government for
protecting them. Some see greater market freedoms as a way to break up the
state-chaebol connection and the monopoly.  They reject left calls for
more democratic social regulation of the economy as unworkable.  What
about in Russia. What kind of understanding do people think is building
there?  Do you think the ideological struggle is building to match the
economic declines or does the political crisis trail way behind the
economic crisis?

Marty Hart-Landsberg




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