[Marxism] Winston Churchill refutes the Brenner thesis

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Mon Dec 11 13:37:25 MST 2006

Louis wrote:> 'Our [Britain's] possession of the West Indies, like that of India... gave > us the strength, the capital, the wealth at a time when no other European > nation possessed such a reserve. It enabled us to come through the > Napoleonic wars, the keen competition of the 18th and 19th centuries and > enabled us to lay the foundation of that commercial and financial > leadership which gave us a great position in the world.'> > Winston Churchill addressing a banquet of West Indies sugar planters in > London on 20 July 1939.Is it a marxist approach to discuss 'capital' in the same way that Churchill does,as if it was merely the accumulation of riches and not a social relation?  Whydidn't Spain's vast overseas holdings allow it to defeat the British empire anddevelop capitalism as early and decisively as Britain did?
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