Capitalism going crazy
CounterPunch
by Gabriel Kolko
11/26/06
The failure of socialist theory is much more than matched by the failure of capitalism because the latter has the entire responsibility for keeping the status quo functioning-and it has no intellectual basis for doing so. The crisis that exists is that capitalism has reached a most dangerous stage in destructiveness -- and no opposition to it exists. This malaise involves foreign affairs and domestic affairs -- vast greed at home and adventure overseas. If the foreign policy aspects are largely American-originated, the rest of the world tolerates or sometimes collaborates with it. Its downfall is inevitable, perhaps imminent. The chaos that exists will exist in a void. No powerful force exists to challenge, much less replace it, and therefore it will continue to exist -- but at immense and growing human cost. Alternative visions are, for the moment at least, mostly cranky...
http://www.counterpunch.org/kolko11252006.html
Informant: Thomas L. Knapp
http://freepage.twoday.net/search?q=capitalism
by Gabriel Kolko
11/26/06
The failure of socialist theory is much more than matched by the failure of capitalism because the latter has the entire responsibility for keeping the status quo functioning-and it has no intellectual basis for doing so. The crisis that exists is that capitalism has reached a most dangerous stage in destructiveness -- and no opposition to it exists. This malaise involves foreign affairs and domestic affairs -- vast greed at home and adventure overseas. If the foreign policy aspects are largely American-originated, the rest of the world tolerates or sometimes collaborates with it. Its downfall is inevitable, perhaps imminent. The chaos that exists will exist in a void. No powerful force exists to challenge, much less replace it, and therefore it will continue to exist -- but at immense and growing human cost. Alternative visions are, for the moment at least, mostly cranky...
http://www.counterpunch.org/kolko11252006.html
Informant: Thomas L. Knapp
http://freepage.twoday.net/search?q=capitalism
rudkla - 27. Nov, 15:44
