American Monetary Act
Charles, what kind of Marxist are you? Abolish interest without
abolishing the profit system? Print money to fund infrastructure
investment? This is classic populist snake oil!
Doug
^^^^^^^
CB: Isn't interest taking part of the profit system ?
^^^^^^^^
CB: No aya contradiction between both. Can't we abolish interest and abolish
the profit system , both ? Did Marx teach that there would still be
interest in socialism ? Would there be banks collecting interest and
creating money in Marx's socialism ?
CB: I'm trying to figure out whether the capitalist system has qualitatively
new characteristics related to the dominance of finance capital over the
rest. This seems to imply we have to have a direct struggle against finance
capital that was not there in the classic Marxist struggles.
>From my discussions with you over the years, I understand that you believe
that Lenin's analysis of finance capital is out of date. What are the new
characteristics of finance capital , and what form should the struggle
against them take ? Should we be focussing on the industrial proletariat
still ?
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* American Monetary Act, Charles Brown Tue 03 Apr
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* <Possible follow-up(s)>
* American Monetary Act, Charles Brown Thu 05
Apr 2007, 21:56 GMT
* Re: American Monetary Act, Doug
Henwood Thu 05 Apr 2007, 22:56 GMT
* Re: American Monetary Act, Leigh
Meyers Fri 06 Apr 2007, 04:18 GMT
* American Monetary Act, Charles Brown
Sat 07 Apr 2007, 17:46 GMT
* NEWS: Rosie O'Donnell & Economist Paul Craig
Roberts on 9-11, Paul Zarembka Tue 03 Apr 2007, 11:00 GMT
* Re: NEWS: Rosie O'Donnell & Economist Paul
Craig Roberts on 9-11, Michael Perelman Tue 03 Apr 2007, 13:58 GMT
* The Climate Divide, Yoshie Furuhashi Tue 03
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* 2022 - Oil Depletion Not A Concern Yet,
Leigh Meyers Tue 03 Apr 2007, 04:34 GMT
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* American Monetary Act, (continued)
* American Monetary Act, Charles Brown Thu 05
Apr 2007, 21:56 GMT
* Re: American Monetary Act, Doug
Henwood Thu 05 Apr 2007, 22:56 GMT
* Re: American Monetary Act, Leigh
Meyers Fri 06 Apr 2007, 04:18 GMT
* American Monetary Act, Charles Brown
Sat 07 Apr 2007, 17:46 GMT
* American Monetary Act, Charles Brown
Sat 07 Apr 2007, 23:46 GMT
* American Monetary Act, Charles Brown
Sat 07 Apr 2007, 23:53 GMT
* NEWS: Rosie O'Donnell & Economist Paul Craig
Roberts on 9-11, Paul Zarembka Tue 03 Apr 2007, 11:00 GMT
* Re: NEWS: Rosie O'Donnell & Economist Paul
Craig Roberts on 9-11, Michael Perelman Tue 03 Apr 2007, 13:58 GMT
* The Climate Divide, Yoshie Furuhashi Tue 03
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