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This is Doug Henwood's response to attacks on his book Wall Street mounted by net personality Bob Malecki. Malecki claims to have been radicalized by a single leaflet during the Vietnam War; this led to his alleged participation in a plot to blow up a power plant in Cleveland, while he was working at the (nonexistent) "Chrylser division of General Motors." Facing trial, he (not unreasonably) escaped to Sweden, where he remains, issuing a large volume of electronic pronunciamenti. For more, download his fantastic memoir, Ha-Ha McNamara, Vietnam - My Bellybutton Is My Crystal Ball.

The full attack is on Malecki's web site. Most of it is a reprint of Workers Vanguard articles, since he never read the book himself (and confessed that he found even the WV articles over his head). Reading them you wonder whether the Sparts lie out of stupidity or as a conscious political strategy.


X-Sender: dhenwood@popserver.panix.com Mime-Version: 1.0 Date: Thu, 6 Aug 1998 14:44:24 -0400 To: marxism-thaxis@buo319b.econ.utah.edu From: Doug Henwood <dhenwood@panix.com> Subject: Re: M-TH: Henwood's "Wall Street" (Part 1) X-MIME-Autoconverted: from quoted-printable to 8bit by lists.econ.utah.edu id MAA28623 Sender: owner-marxism-thaxis@buo319b.econ.utah.edu Precedence: bulk Reply-To: marxism-thaxis@buo319b.econ.utah.edu Bob Malecki quoted from WV's lying, lazy comments on my book Wall Street: >Hence the condition of financial markets is at the most fundamental level >governed by the state of the class struggle between the working class and >the capitalists. [and] >Wall Street and the Class Struggle >Earlier this year, the left-wing London publishing house Verso brought out >Wall Street, a study of U.S. financial markets by American writer Doug >Henwood. Publisher of the New York-based newsletter Left Business >Observer, Henwood considers himself a Marxist. But WV, and Bob, who possess a mysterious device for testing Marxist purity, obviously disagree. >Paradoxically, while the bourgeois analyst Stephen Roach recognizes the >central impo