Re: [OPE] Class Analysis of the Greek Bailout

From: Dave Zachariah <>
Date: Sun May 23 2010 - 15:41:12 EDT

On 2010-05-21 15:06, Paul Cockshott wrote:
> The KKE proposal is one possible strategy, but it runs the danger of being based on national autarchy, which may be a perilous long term strategy for a relatively small country. But I can see faute de mieux they might propose it.

This is something I've been struggling to understand over some time: A
relatively small capitalist country facing massive challenges, whether
Iceland or Greece, could set off on a radically different economic path.
But how to cope with international trade and the existence in a world
capitalist system? Should it keep currencies floating as before? Would
it face credit problems for imports? In what ways could financial
markets alone but pressure on such a country?

//Dave Z
ope mailing list
Received on Sun May 23 15:43:43 2010

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