On Fri, 5 Feb 1999, Tom Walker wrote:

> of surplus value in order to maintain political hegemony. Think of the
> stop/go monetary/fiscal policies in which "overheating" of the economy
> remains a constant worry. In terms of "this depression", we're not out of
> the woods yet. And, like the last episode, the direction that capital is
> marching toward is war.

But is this really true? What on earth would Japan and the EU have to gain
from confronting the US with military means? Sure, the US keeps bombing
the hell out of 3rd World nations, which is horrendous and criminal, but
how do you whip the masses up for WW II-style slaughters in the age of
easy global credit, Sony Vaios and a social democratic Europe?

-- Dennis



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