August, 2005
Submitted for discussion purposes
by Lil Joe
Joe_radical@earthlink.net
The political representatives of the G8's industrial and finance capitals -- representatives of the agribusinesses, industrial and finance capitalist's of the United States, Canada, Britain, Germany, France, Italy, and Japan -- and Russia -- met in Britain to politically mediate their economic conflicts, and develop a joint political strategy needed to confront the global economic crises, and, consequently, political crisis.
The G8's capitalists are presently locked into a battle between the interest's of the big capitalists of the European Union and Asia, represented by the governments of Germany, France, and Japan on the one side, against those represented by the United States, Canada and the United Kingdom on the other. It is an economic war waged by technological advances of the productive forces in capitalist commodity production by wageworkers, competing with rival capitalists of the same industries in the frameworks of domestic and transnational corporations.
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