From: Rakesh Bhandari (rakeshb@STANFORD.EDU)
Date: Fri Aug 29 2003 - 10:04:33 EDT
http://www.opendemocracy.net/themes/article-7-1370.jsp The US economic model that commands around a third of the world's wealth fascinates and infuriates Europeans. But both reactions reveal ignorance of its most essential features. The keys to its success lie not in industry, but in those sectors providing social amenities to the middle class - health care, education, housing and pensions: systems of provision that have little to do with the free market. by James Kenneth Galbraith http://www.cpgb.org.uk/worker/493/oil.html Hillel Ticktin, editor of Critique, argues that the invasion and occupation of Iraq is rooted in capitalism's historic decline. Those on the left who explain every modern war and conflict with reference to oil are wrong
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