Re: [OPE] The Crisis of the Euro

From: Gerald Levy <>
Date: Sat Jan 24 2009 - 11:56:58 EST

> Do people deny the existence of parasitism because it is the source of the privileges of the better off sections
> of the working class and middle classes (strictly speaking the new petty bourgeoisie)?

Hi David Y:

I think that the standard of living of the working class in the advanced capitalist nations is more
related to technological change and productivity growth and its consequences in terms of
the class struggle than in neo-colonial plunder. [NB: this is not to say that plunder plays no role ....]

In emphasizing 'monopoly capitalism' aren't you down-playing the role of increasing relative surplus
value as the primary form through which surplus value is increased in advanced capitalism?

In solidarity, Jerry

ope mailing list
Received on Sat Jan 24 11:58:54 2009

This archive was generated by hypermail 2.1.8 : Sat Jan 31 2009 - 00:00:03 EST