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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum -- Ignore unavailable to you. Want to Upgrade?


To: Haim R. Branisteanu who wrote (36201)6/28/2008 7:33:50 AM
From: elmatador  Read Replies (1) | Respond to of 217615
 
Commodities' pricing and Lenin's theory of imperialism. According to the theory: European large economies of the late 19th century would achieve high level of productivity. Dropping the prices of commodities. Pressing profits down.

The explored J6Pack of the time could not afford the goods. The European economies under pressure would seek new markets.

(If you are alluding to another theory please let me know

Continuing:
In fact expansion of Europe for new markets and control of commerce is as old as Europe and pre-dates the rise of capitalism.

What happened in the late 19th century were the rise of applied science and technology and the rise of the Western Hemisphere and suppliers of commodities. It was an Euro-centric view of the world.

By then -late 19th century- the US was more advanced than England and the Western Hemisphere was producing much more commodities than before with the new railways and new technology.

Technology was not captured by Marx and Lenin. The capacity of the system to cheapen the price and raise the incomes of the masses as Ford did in America.

What we see today is another step in the direction of availability of everything to everyone at a price they can bear.
One chicken in every pot and a car in very garage, but in the shirtless of the whole world.

Commodities pricing

Are we not seeing Lenin's Theory of Imperialism commodities and pricing being destroyed? Or are you alluding to another



To: Haim R. Branisteanu who wrote (36201)6/28/2008 8:02:34 AM
From: blazenzim  Read Replies (1) | Respond to of 217615
 
How come nobody talks about Iraqi oil production? It's still far below pre-invasion levels. Output could easily and relatively cheaply be increased by 4 million barrels per day.

The Iraq war was primarily to gain control over the marginal barrel of oil. Yes it was all about oil but not to gain control of supply but to gain control over the marginal barrel produced.

It was all part of Cheney's secret energy meetings with Kenny Boy and his criminal friends.

Bush and Cheney are Ah-Ol (as they say in Texas) guys. Their cronies are getting rich beyond belief and they are about to give them their final payoff with a threatened or actual Iran attack designed to send oil to the stratosphere.