Date: Mon, 26 May 97 12:59:01 EDT From: Renate bridenthal <RNBBC-AT-CUNYVM.CUNY.EDU> Subject: Re: M-I: Re: new questions Hugh's roster of answers to my new/old questions still leaves me wondering. In the first place, what I meant by "miraculous state take-over" was, of course,socialist take-over...that would be, at present, the miraculous part. However, no state, even one with huge resources like ours, can be a enclave these days. And while obviously capital is more than money, nevertheless investment does create other forms of capital by constructing infrastructure, securing missing resources, and developing labor skills. When the USSR began its experiment, it was cut off from investment and had to dredge it up from agriculture -- at great human and political cost. And I'd like to understand better how electronic movement of capital works, quite apart from the global casino of financial speculation. These are genuine questions, not covert political positions. I'm assuming we all share the same goal here, whatever our tactical differences, and need not engage combatively. -Renate Bridenthal --- from list marxism-international-AT-lists.village.virginia.edu ---
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