Does it further the discussion - or the cause - to blame what Meszaros calls the personifications of capital, when the present crisis is at least cyclical and, again according to Meszaros, it is by this juncture more probably structural? Here is Meszaros's list of conditions pointing toward structural crisis (Beyond Capital, p. 692), bearing in mind that this was written at least fourteen years ago, a few years after the implosion/collapse/destruction of the Soviet 'postcapitalist' system, which may or may not have any bearing on its continuing relevance, further, that to me astoundingly, no extensive appraisal of this 975-page work which Daniel Singer described as 'magisterial' and Daniel Lebowitz and Hugo Chavez recommend to all has ever appeared on the internet or anywhere else, from my search of the indexes of the major left journals, and that he has a new complementing book coming out in August (The Challenge and Burden of Historical Time <http://www.monthlyreview.org/Merchant2/merchant.mvc?Screen=PROD&Product_Code=PB1696&Category_Code=POL>):

1. The internal social/economic contradictions of 'advanced' capital manifesting in increasingly more lopsided development under the direct or indirect control of the 'military-industrial complex' and the system of transational corporations; 2. The social, economic and political contradictions of postcapitalist society, both internally and in relation to one another, leading to their disintegration and thereby to the intensification of the structural crisis of the global capital system; 3. The increasing rivalries, tensions and contradictions among the leading capitalist countries, both within the various regional systems and among them, putting enormous strain on the established institutional framework (from the European Community to the International Monetary System) and foreshadowing the spectre of a devastating trade war; 4. The growing difficulties of maintaining the established postcolonial system of domination (from Iran to Africa and from South East Asia to Central and Southern America), coupled with the contradictions generated within the 'metropolitan countries through the production units established and managed by 'expatriate' capital.

As we can see. in all four categories - each of which stands for a multiplicity of contradictions - the tendency is the intensification, and not the decrease of the existing antagonisms. Furthermore, the severity of the crisis is underlined by effectively confining the intervention to the sphere of effects, making it prohibitively difficult to tackle their causes, thanks to the earlier mentioned 'circularity' of capital's civil society/political state through which the established power relations tend to reproduce themselves in all their surface transformations.

Cordially,

Ralph Johansen


Doug Henwood wrote:

On Apr 10, 2008, at 11:20 AM, Perelman, Michael wrote:
Both Greenspan and Bush were
active be regulators.

Michael, that voice recognition software needs some tuning!
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