Greetings Economists,
On Dec 4, 2008, at 8:43 AM, Louis Proyect wrote:
Actually, the proper comparison is not with Guatemala but with Great
Britain. The current course of the US ruling class is insuring that
it will become like that toothless lion, which is just as well, I
suppose.
Doyle;
I would assume this is an important distinction. I doubt capitalism
can just let the U.S. fall to the level of an undeveloped state in a
short historical period. For example monopoly power resists such
changes. And also, before a large power goes to relative
powerlessness, the political landscape is going to feel that change
too. This sort of reliance on failing military options opens doors
both internally and externally for alternate courses of action.
Internally the primary argument would be the best way to maintain the
on-going role of the U.S. as hegemonic power. Externally how to
challenge the hegemonic power with some global systemic change.
Internally the obvious opposing point is to jettison a failing
military program as part of a comprehensive shift in course. Not that
the nation is prepared for that, but that a shift if needed forces
opposing elements in that direction. It may be that external and
internal forces have common grounds for change. For example a
comprehensive global development scheme based upon say solar energy
reform?
Anyway the military option Obama is embracing seems to promise strong
leverage for social change. But the timing and means are quite foggy
right now.
thanks,
Doyle Saylor
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