Re: [Marxism] No so super

[Shane Mage <shmage@xxxxxxxxxxxx>]

On Oct 12, 2008, at 3:22 PM, Louis Proyect wrote:

> NY Times, October 12, 2008
> A Power That May Not Stay So Super
> By DAVID LEONHARDT
>
> ....Europe proved unable to create engines of
> growth that could match the software, biotechnology or entertainment
> industries in the United States....

Notable facts about these "engines of growth":
(1) None of them involve more than traces of productive capital  
investment capable of forming the basis for further and sustainable  
economic expansion.
(2) All of these "industries" require, for their very existence, the  
legal establishment of the monopoly power known as "intellectual  
property."  Since this monopoly power is exercised almost entirely for  
the profit of US capital and imposes enormous, sometimes murderous,  
costs on most of the world, its perpetuation under conditions of  
rapidly declining US imperial hegemony is more than doubtful.

Shane Mage


> "This cosmos did none of gods or men make, but it
> always was and is and shall be: an everlasting fire,
> kindling in measures and going out in measures."
>
> Herakleitos of Ephesos

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