At 1:24 PM -0600 12/10/02, Carrol Cox wrote:
Doug Henwood wrote:
 > If they're so stupid, gang, how come they've managed to run the world
 > all these centuries?

I think it's wisest to assume "they" know what they're doing. It's
unwise to underestimate an enemy.
"They" think "they" know what they are doing, but they don't have all the cards necessary to win once and for all.

At 3:52 PM -0600 12/10/02, Carrol Cox wrote:
Joan Robninson and others demonstrated fairly conclusively that
Luxemburg's technical economics in _The Accumulation of Capital_ were
erroneous, but Luxemburg's insight, that capitalism had to expand
endlessly or collapse was correct. Those who want to call the Bush
administration and its DP supporters stupid need to explain by what
alternative strategy u.s. capital can keep maintain u.s. (against EU,
China, Japan) control of mideastern oil. The strategy may ruinously fail
-- I hope so. But no one has suggested a better one. In fact all the
criticism of it that gets published is by marginal left critics who want
it to fail, and who would oppose any alternative strategy with the same
goals.
We are on the lookout for weak links in the chain of capitalism and imperialism, so to speak.
--
Yoshie

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