[OPE-L] fake and fictitious capitalism

From: glevy@PRATT.EDU
Date: Mon Jan 10 2005 - 13:27:49 EST

From a yahoo group.  I don't know who Jeff -- the
person commenting on the Wiggin article -- is.
In solidarity, Jerry


> The Era of Fictitious Capitalism, by Addison Wiggin.
> Comments on an article supposedly written by a top
> Chinese bureaucrat, on
> the US and Europe drifting into war and China's role
> in this, with some
> analysis of the current global economic situation,
> the key element in this
> process, and how the current situation involves an
> overwhelming dominance by
> finance capital and its instruments, increasingly
> out of touch with the
> material part of the structure and headed for a huge
> fall. Doesn't deal with
> what i consider to be a very significant part of it
> all, capital in material
> form which is devalued by technological development
> whose devaluation is not
> recognized. But still interesting.
> Jeff

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