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| Vngelis... |
 Posted: Sat Sep 27, 2008 2:59 am |
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Capitalism abhors regulation like society abhors a vacuum.
You cant regulate fraud, corruption, inequality and injustice.
You can only eradicate it or strive to.
Sarkozy is lamenting a past gone forever, that of regulated
capitalism.
The only real alternative is a planned economy which will materialise
from the rubble of unregulated capitalism.
vngelis |
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| dusty... |
| Posted: Sat Sep 27, 2008 4:02 am |
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On Sep 27, 10:59 pm, Vngelis <meberr... at (no spam) hotmail.com> wrote:
Quote: Capitalism abhors regulation like society abhors a vacuum.
You cant regulate fraud, corruption, inequality and injustice.
You can only eradicate it or strive to.
Sarkozy is lamenting a past gone forever, that of regulated
capitalism.
The only real alternative is a planned economy which will materialise
from the rubble of unregulated capitalism.
vngelis
Yes. And speculation is no aberration - it is inbuilt in the advanced
capitalist economies because it offers at the beginning of each
speculative bubble higher returns in the short to medium term than
most productive investment. It is in this sense much more rationale
than the wiseacres of today are prepared (nay dare) to admit - sages
who yesterday either said nothing or applauded the "markets" and were
prepared to subordinate all national policy to them. |
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| Vngelis... |
| Posted: Sat Sep 27, 2008 4:09 am |
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On Sep 27, 3:02 pm, dusty <trackdu... at (no spam) yahoo.com.au> wrote:
Quote:
Yes. And speculation is no aberration - it is inbuilt in the advanced
capitalist economies because it offers at the beginning of each
speculative bubble higher returns in the short to medium term than
most productive investment. It is in this sense much more rationale
than the wiseacres of today are prepared (nay dare) to admit - sages
who yesterday either said nothing or applauded the "markets" and were
prepared to subordinate all national policy to them.
The point in his speech which is important is that Europe will become
ever more so dependent on Russia if it wants to survive. And this is
logical and correct. Russia saved Europe from fascism once.
In a downwardly spiralling market the USA will end up scrapping with
Europe.
Britains energy has just been sold off to EDF-France. We will be
dependent on French policy on energy.
Hence the noise from boyscout Milibabble about starting a war with
Russia now goes out of the window. Either the Yanks do another 9/11
style provocation blame it this time on Iran and start a world war or
they go down the pan.
vngelis |
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| dusty... |
| Posted: Sat Sep 27, 2008 4:20 am |
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On Sep 28, 12:09 am, Vngelis <meberr... at (no spam) hotmail.com> wrote:
Quote: On Sep 27, 3:02 pm, dusty <trackdu... at (no spam) yahoo.com.au> wrote:
Yes. And speculation is no aberration - it is inbuilt in the advanced
capitalist economies because it offers at the beginning of each
speculative bubble higher returns in the short to medium term than
most productive investment. It is in this sense much more rationale
than the wiseacres of today are prepared (nay dare) to admit - sages
who yesterday either said nothing or applauded the "markets" and were
prepared to subordinate all national policy to them.
The point in his speech which is important is that Europe will become
ever more so dependent on Russia if it wants to survive. And this is
logical and correct. Russia saved Europe from fascism once.
In a downwardly spiralling market the USA will end up scrapping with
Europe.
Britains energy has just been sold off to EDF-France. We will be
dependent on French policy on energy.
Hence the noise from boyscout Milibabble about starting a war with
Russia now goes out of the window. Either the Yanks do another 9/11
style provocation blame it this time on Iran and start a world war or
they go down the pan.
vngelis
Another even more unaffordable war purely as a diversion? |
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| Vngelis... |
| Posted: Sat Sep 27, 2008 4:25 am |
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On Sep 27, 3:20 pm, dusty <trackdu... at (no spam) yahoo.com.au> wrote:
Quote:
Another even more unaffordable war purely as a diversion?- Hide quoted text -
- Show quoted text -
Each part will end up doing its own thing when the world order
fragments ie the US centre cannot hold.
vngelis |
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| David Stevens... |
| Posted: Sat Sep 27, 2008 10:17 am |
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Dusty:
Quote:
Yes. And speculation is no aberration -
Dusty has anticipated the line our US rulers are getting
ready to peddle to us. They are going to say that they've
sobered up (this time) and promise to stay on the wagon.
But capitalism's painful hangover stage is no more aberrant than
its drunken booms:
Quote: it is inbuilt in the advanced
capitalist economies because it offers at the beginning of each
speculative bubble higher returns in the short to medium term than
most productive investment. It is in this sense much more rationale
than the wiseacres of today are prepared (nay dare) to admit - sages
who yesterday either said nothing or applauded the "markets" and were
prepared to subordinate all national policy to them.
The backwardness of USA is often most evident (at least to Marxists)
in workers' consciousness. But there's also a great backwardness among
our rulers, who really _are_ blinder than rulers of other imperialist
countries.
Few have the vision -- or the discipline -- of union-buster Warren Buffett.
- David Stevens |
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