[Marxism] Leveraged speculators will save us

Louis Proyect lnp3 at panix.com
Tue Mar 24 14:43:33 MDT 2009


Louis Proyect wrote:
> It would be a nice Nixon-in-China turn, for a Democratic president 
> elected on high “progressive” hopes, to preside over something like an 
> IMF structural adjustment program applied to the U.S. It could be 
> portrayed as a necessary sacrifice for the common good. In fact, we can 
> already see the outlines of a liberal apologia for austerity on the 
> Nation’s website.

Doug is referring to this:

http://www.thenation.com/blogs/notion/420596/our_budget_our_selves




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