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[Marxism] Interimperialist fallout from the crisis
S. Artesian
__________
If we are going to talk about sectors, then we need to know how we define
them and what makes them dominant.
What is meant by the military-industrial sector? Does that include GE which
derives a portion of its revenues from defense? If so do we adjust for the
portion?
Do we measure by capitalization, revenues, profits, contribution to GDP?
By any of those measures, the military, in military-industrial, can hardly
be described as dominant.
Contribution to GDP? Let's try housing-- app 10-11% b.c. (before collapse).
Profits, revenues? Let's try oil, QED.
Capitalization? Oil again maybe? Maybe not.
Might be interesting to compare the US and UK defense sectors specific
gravity in relation to their overall economies.
^^^
CB: Here's a way to measure dominance: What sector can march up to the federal
state power , demand a $ trillion _grant_ and get it ?
The Auto "Big" three monopolies could only get a $25 billion _loan_ . That
almost quantifies the level of power distribution between finance and
industrial capital ( in the merger of finance and industrial capital that is
finance capital in imperialism).
If failing, could military-industrial companies get a trillion dollar gift
from the federal state ?
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- Thread context:
- Re: [Marxism] Marxism Digest, Vol 60, Issue 49 Bogus Lesbians 'causing emotional damage', (continued)
- [Marxism] Interimperialist fallout from the crisis,
Charles Brown Tue 14 Oct 2008, 17:12 GMT
- [Marxism] (no subject),
Charles Brown Tue 14 Oct 2008, 17:10 GMT
- [Marxism] Barry Sheppard on Peter Camejo,
Walter Lippmann Tue 14 Oct 2008, 16:55 GMT
- [Marxism] Some new stats/spins on the financial crisis,
Patrick Bond Tue 14 Oct 2008, 16:54 GMT
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