(OPE-L) Re: Permanent Arms Economy

From: Gerald_A_Levy@MSN.COM
Date: Wed Nov 03 2004 - 09:46:17 EST

In the US, UK, and France there was much less destruction of
productive capital. In the US there has been no significant
military damage since the Civil War. Since the US accounts for
the greater part of world Military expenditure, the main effect
of this has to be seen in terms of the boost to economic
activity that it has produced in the USA for the last 60 years.
Paul C,

Yes, that's a good point.  But, the boost to economic activity
in the US has to also be put in an international context vis-a-vis
the transfer of surplus value and wealth internationally.

If, as Rakesh claims, it is the destruction of constant capital that
war makes possible which increases anticipated profitability then it
would be in the interests of the US capitalist class and state to bomb
its _own_ factories in the US  (and thereby forcibly destroy "higher cost
or morally depreciated capital equipment" in the US), would it not?

In solidarity, Jerry

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