big capitalists and New Labour

[Chris Burford <cburford@xxxxxxxxxx>]

At 15/01/02 11:25 -0800, you wrote:
> Doug, that I think that the big capitalists do understand their interest.
> The small ones to whom the Wall Street Journal appeals on their editorial
> page do not.  We were just discussing yesterday how major businesspeople
> appreciate Marxist analysis.
>
> On Tue, Jan 15, 2002 at 02:15:22PM -0500, Doug Henwood wrote:
> >
> > So why do they generally oppose social democracy? Don't they
> > understand their own interests?


Essentially my argument about the material base for analysing the links
between the UK Labour government and finance capital.

Note the relative open-mindedness of the Financial Times towards the Labour
Government. Note how George Brown can chair the strategy committee of the
IMF. Note how Labour is more sympathetic to entering the euro.

Chris Burford