[Marxism] Peter Gowan Review Online?
calvinbroadbent at hotmail.com
Sat May 14 05:59:24 MDT 2005
Does anyone know of any good online reviews of Peter Gowan's *The Global
Gowan seems to suggest that the current global capitalist system resulted
from conscious decisions taken by sections of the US (and UK) government to
ensure its *political* dominance over potentially recalcitrant states after
the mid 1970s. But does this idea not fly in the face of Lenin's analysis
that the predominance of finance in world capitalism is the *inevitable*
result of the major national economies' falling rates of proft, their drive
to concentrate and expand markets, and their unwillingness to lose profits
by investing in unproductive industry domestically? Gowan believes that by
an act of political will, European capitalism could protect itself from the
ravages of American dollar hegemony. But would or could it really (wish to)
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