Date: Thu, 28 Mar 96 2:31:58 EST From: boddhisatva <kbevans-AT-panix.com> To: marxism-AT-jefferson.village.Virginia.EDU Subject: Re: Adolfo: novice in economics? Rakesh, You asked: " Couldn't it be argued that imperialism has required further attacks on even bourgeois democracy?" I think that this is exactly the issue. Bourgeois democracy and its ideals WERE the salve for the wounds of capitalism. The bourgeoisie presented an argument consisting of high ideals balanced by "necessity". In the American constitution, democracy was the ideal, having only white, property-owning men to vote was the necessity. Cold war foreign policy balanced the ideal of world democracy (as opposed to communist tyranny) and the necessity of installing anti-communist dictators. Now, foreign policy is indifferent to the form of government, so long as there is a market. Now, the class meritocracy of the American constitution has been replaced by market "meritocracy" against which there is no bourgeois-democratic argument. The bourgeoisie has made the case that the market *equals* democracy. Now, it goes without saying that this "market" is not the market of the importer/exporter or the commodity trader, but the market for *capital* speculation. If fact, it is not a market, but a means of domination by capital, that the bourgeoisie requires from his "new world order." To a Marxist, it seems uninteresting, even axiomatic that bourgeois-democracy should be a shill for capitalists. I argue that it is significant. The blithe substitution of "market" for "democracy" by the bourgeoisie is an abandonment of the social contract at the highest level. Between the power of the gun and power in the market, there lies the social contract - that was the lesson of the capitalists to the feudal class. Now the capitalist is throwing over the social contract and sitting on his market laurels for the "end of history." He is ripe for reminding that between between the power of capital and power in the market, there lies another social contract. peace boddhisatva --- from list marxism-AT-lists.village.virginia.edu ---
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