>>> Carrol Cox <[EMAIL PROTECTED]> 09/15/99 02:14PM >>> Viewed *politically* is there any real difference within the capitalist class based on this real or alleged distinction between finance capital and industrial capital. (Definitions of fascism based on the distinction seem to me to be not only incorrect now but also wrong when they were first promulgated.) ((((((((((( Charles: There is a school of thought in Marxism that has since the early 1900's defined "finance capital" as a merger of the finance and industrial capitalists of the 1800's. Henry Ford , the great industrialist, and J.P. Morgan were both members of the financial oligarchy of finance capital (state-monopoly capital) when it first arose. Henry Ford , famous as an industrialist, was part of the most reactionary sector of finance capital. He had a picture of Hitler on his office wall, and had helped finance the Nazis. In the 1930's the head of General Motors came out of the finance section of GM and said the purpose of GM is to make money (not cars). Charles Brown
