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[Pen-l] Ruling class and state
What has happened in the last few weeks ? Paulson goes to the federal state and gets $700 billion bailout, grant, not loan, for Wall street financial corporations. This indicates that Paulson is the boss of the President and Congress, not the other way around. The crisis lays bare the inner structure of the relationship between the monopoly financial corporations ,t he economic form of the ruling class, and the state power. It's one thing to declare this theoretically. It is another when practice, facts, are reported in the mass media proving this theory beyond any doubt.
All class conscious workers take note !
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- Thread context:
- Re: [Pen-l] Great Depression III??, (continued)
- [Pen-l] Equity injections won't work,
Marvin Gandall Fri 10 Oct 2008, 14:47 GMT
- [Pen-l] Ruling class and state,
Charles Brown Fri 10 Oct 2008, 13:26 GMT
- [Pen-l] Secular bear market,
Charles Brown Fri 10 Oct 2008, 13:11 GMT
- [Pen-l] The end of American capitalism?,
Louis Proyect Fri 10 Oct 2008, 13:07 GMT
- [Pen-l] General Petraeus: Talks with the Taliban are Kosher,
Robert Naiman Fri 10 Oct 2008, 12:50 GMT
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