Fwd [GLW}: No solution can come from elite, meeting told

Carrol Cox cbcox at SPAMilstu.edu
Sun Aug 13 09:25:29 MDT 2000




Norman Mikalac wrote:

> question: let's suppose that we cancel all LDC debts and abolish the IMF
> and WB (WTO too?).  suppose too that the MDCs don't send any money and
> tech assistance which they won't w/o some assurance that the money and
> assistance won't just go down the drain.

This question is utterly vacuous *unless* you first ask, (1) Under what
political, social, and economic conditions would these acts be even remotely
feasible? and (2) What are the means (political) by which these conditions could
be brought about? These actions could not possibly happen in the world as it now
is -- and a world in which they could happen would be a profoundly different
world than the world we currently experience.

This error is basic to all attempts to draw up blueprints for the future.
Socialism would never come about *except* as the result of a protracted
revolutionary struggle, and that struggle would profoundly change the world in
which socialism would exist and, more importantly, profoundly change the people
who carried out the struggle.

The conditions in which LDC debts and IMF power would be abolished would be a
world in which political and military power had shifted away from the United
States to large portions of the third world, and the U.S. ruling class found
itself in a position in which it had to make huge concessions to the Third World
in order to survive itself. What would bring about such conditions? Answer that
question before worrying about what the third world would do without the IMF asnd
First World capital.

Also remember that those IMF loans etc. are *not* things: they are a social
relation. Think about it.

Carrol







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