Date: Wed, 02 Apr 2003 12:53:30 +0300
From: Ilan Shalif <gshalif-AT-netvision.net.il>
Subject: Re: AUT: Re: Re: Kevin on Iraq


Hi people
Some Shekels from my corner.

People keep forgetting we do not have an international
free market of capital and work.

There is still a strong involvement of states which
interfere in the markets.

We have various monopolies and intervention of US
and other developed states to help their own
capitalists get bigger share of the world surplus
value extracted from working people.

The investment of newly accumulated surplus value is
too not free for all capitalists alike in the search
for maximum profits.

States are also helping specific section of their own capital
in taking bigger share of the local surplus values.

And of course the US used its hegemony to levy inflation
tax on all users of dollars as reserve currency.

The US state was able to get lot of credit for its
cost of competing with the USSR in the past, and
of its deficit budget afterwards.

Now, as a long process started about 30 years ago when
France and company forced US to get of the fictitious
gold base, the US big capital is loosing more and more
of its strength and the ability to extract extra
share of the general pool of surplus values and
favoritism in the ability to convert their surplus
value to invested capital at home and abroad.

Just remember how the MAI was defeated 4 years ago.
Or how strong is the struggle around the genetic engineering
products.

In a way, the conflict between the US and European countries
is on the option to invest in the Iraq oil and economy
to get the appropriate investment opportunities and profits.
Ilan


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