Date: Tue, 28 Jan 2003 07:19:23 +1100
From: Steve Wright <pmargin-AT-froggy.com.au>
Subject: Re: AUT: questions


Thanks MJ,

like Chris, I think that these are excellent questions.

John Holloway and Werner Bonefeld, for example, have sought to look at the relationship between money capital and class composition. Perhaps some of their arguments are relevant here ...

All the best,

Steve

Michael_E_Jackson-AT-brown.edu wrote:

> Hi all,
> I'm young and thus this is the first time this has happened under my watch, so I have two timely questions:
>
> 1. Why do markets for fictitious capital (especially MNC stocks) go down with news of impending war?
>
> 2. Why does the bourgeois media acknowledge this and even present the relationship as natural?
>
> I know this list exists to discuss working class recomposition and not just to gossip about bourgeois factionalism, so I'm sorry to continue this trend by bringing up something as removed from reality as the animal spirits of the market. But it does seem (in my mind) to be relevant to recent discussions about ultraimperialism and such, and I'd be interested to hear if anyone thinks this illustrates something helpful or whether it's a totally irrelevant quirk of the system.
>
> mj
>
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