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[PEN-L:29918] Re: Re: Re: Guevara on law of value and world terms of trade




Only if profit ceases to exist as an important goal in the capitalist world.


Louis Proyect


This has some connection with the terms of trade argument at the earth
summit, and it seems to me with the sort of decision between Russia and
China to settle their accounts in bilateral exchanges between their
central banks rather than in dollars.
Chris Burford

I have no idea what settling accounts in yuans has to do with Che Guevara. Che Guevara died in a struggle to emancipate Bolivian peasants from poverty and cultural degradation. He hoped that Cuba's ability to supersede "the law of value" could be replicated in Bolivia. His only mistake was to adopt a schematic 'foquismo' approach to making a revolution and relying on the Bolivian CP.

In sharp contrast, Vladimir Putin and Jiang Zemin are doing everything they
can to sharpen class distinctions in the name of capital accumulation. You
might as well compare Tony Blair to Lenin, as some self-deceiving ex-CP'ers
in Great Britain probably have done in the pursuit of lucrative government
careers.



Louis Proyect
www.marxmail.org




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