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There's a new piece at mrzine -- The Power of Monopoly Capital by Michael Dawson... http://mrzine.monthlyreview.org/dawson291209.html ... which is surprising in two ways. 1. Its defensive tone. Dawson is disturbed that the Baran/Sweezy theory is dismissed by so many Marxists. He gives the impression that he feels their supporters are a beleaguered minority. I hate to take pleasure in any comrade's pain, but I was under the impression that the reverse was the case, i.e. that because of the increasing ubiquity of writings by John Bellamy Foster and others, the Baran/Sweezy theory was becoming all too hegemonic for lack of anyone with any wide recognition writing from a more traditional Marxist economic standpoint. 2. It's shockingly explicit rejection of Marxist economics, both in dismissing any importance for profit rates, and for justifying a focus on appearance rather than essence (see his section on what business people worry about as proof of what matters). Andy P. ________________________________________________ Send list submissions to: Marxism@lists.econ.utah.edu Set your options at: http://lists.econ.utah.edu/mailman/options/marxism/archive%40mail-archive.com
