Dear Samir Amin, the "abstract" capital you are talking is new phrase in TODAY'S talk. I am so glad you are talking about it. I am sure you have read his book when you were student. In 1922 Thorstein Veblen wrote a book, title: ABSENTEE OWNERSHIP. In entire book he was discussing how American capitalism constantly going toward Absentee Ownership, what you are now call it ABSTRACT CAPITALISM .. WE DO NOT SEE OR POINT TO OWNERS OF BIG CAPITAL.
No it what commen sense and a rational look at history did. I have an independant mind, I don't believe in or endorse everything I am taught in politics. Didn't work in the Soviet Union or any other nation in Eastern Europe, and only works in N. Korea sue to the fenatical devotion to their land. By they way, in reality China isn't very communkst anymore, and that is when their economy grew at the fastest rate.
Amin is brilliant. Read everything he writes and listen to him closely.
Dear Samir Amin, the "abstract" capital you are talking is new phrase in TODAY'S talk.
I am so glad you are talking about it.
I am sure you have read his book when you were student. In 1922 Thorstein Veblen wrote
a book, title: ABSENTEE OWNERSHIP. In entire book he was discussing how American capitalism constantly going toward Absentee Ownership, what you are now call it ABSTRACT CAPITALISM .. WE DO NOT SEE OR POINT TO OWNERS OF BIG CAPITAL.
Samir Amin was the Sultan of Anti imperialist theory.
is that what your university teacher told you?
No it what commen sense and a rational look at history did. I have an independant mind, I don't believe in or endorse everything I am taught in politics.
Didn't work in the Soviet Union or any other nation in Eastern Europe, and only works in N. Korea sue to the fenatical devotion to their land.
By they way, in reality China isn't very communkst anymore, and that is when their economy grew at the fastest rate.