David Broder: only war can save capitalism now

Someone had to say it first. Marxists are not the only ones who know that capitalist recoveries of profound duration and long-term ascending curves of rates of profit can be achieved (and have been in the past) by shooting wars abroad as well as at home.

Jay

http://mrzine.monthlyreview.org/2010/baker011110.html

Broder tells readers:

"Can Obama harness the forces that might spur new growth? This is the key question for the next two years.

What are those forces? Essentially, there are two. One is the power of the business cycle, the tidal force that throughout history has dictated when the economy expands and when it contracts.

Economists struggle to analyze this, but they almost inevitably conclude that it cannot be rushed and almost resists political command. As the saying goes, the market will go where it is going to go.

In this regard, Obama has no advantage over any other pol. Even in analyzing the tidal force correctly, he cannot control it.

What else might affect the economy? The answer is obvious, but its implications are frightening. War and peace influence the economy."