Reply to Henry: Re: Funding Priorities to Please Us All (fwd)

[xxxxxx@xxxxxxxxxxxxxxxxx]

Henry, I am sure the following sources may be helpful to you...

On the questions of "finance capital", and US capitalism versus German
capitalism, you may wish to see:

Rudolf Hilferding, _Finance Capital_ (Boston:Routledge, 1981:1910)
(austro-marxist perspective. Hilferding was the head of the Social
Democractic Party of Germany just before Hitler)

Giovanni Arrighi _The Long Twentieth Century: Power, Money and Origins of
Our Times_ , London:Verso, 1996  (world system perspective)

James Livingston, _Origins of the Federal Reserve Sytem: Money, CLass and
Corporate Capitalism, 1890-1913_, Cornell University Press:Ithaca, London
(this must be a phd thesis by an economic historian at Rutgers, brunswick)

Kevin Boyle, _Organized Labor and American Politics, 1894-1994: The
Labor-Liberal Alliance_, SUNY/Albany Press (this is recently published)


bye,

Xxxx Xxxxxx
Phd student
Political Science
SUNY/Albany
Albany/NY


>Your points are very valid.  There are however two separate perspectives:
>that
>of a consultant (to improve) and that of the theorist (to dispense
>truth). My
>statement was cast more in the former role.  In the US context, with its
>unique political and economic systems, history had shown that growth with
>redistribution has more than once saved capitalism.  Mild doses of
>socialism
>have been the penicilline of the virus of capitalist excess.  Also, the
>evolution of finance capitlism from industrial capitalism requires a
>reapplication, if not rethink, of marxist notions.