Regarding what Carrol wrote, Russell Jacoby wrote about how the German social democrats embraced crisis theory because it offered the comforting idea that they did not have to do anything -- the economy would fall on its own.
On Thu, Jan 17, 2002 at 10:43:58PM -0600, Carrol Cox wrote: > > > Michael Perelman wrote: > > > > Ian, Marx posited that capitalism would work that way for a while, but > > that the contradictions would accumulate and then ...., but then, it has > > not yet happened, except in the USSR, China ... > > > > "If you don't hit it, it won't fall." Mao. > > I rather suspect that capitalism can be depended on periodically to tear > itself apart -- but it can also be depended on to put itself back > together unless there is a political force that can overthrow it in at > least a few nations substantial enough to defend themselves. Unless we > really do think that History (with the uppercase H) is some sort of > divinity, we can't guarantee the appearance of such a force. We can work > for it and see what happens. > > (Of course it can also destroy the environment irreparably. I don't see > any guarantee against that either.) > > Carrol > -- Michael Perelman Economics Department California State University Chico, CA 95929 Tel. 530-898-5321 E-Mail [EMAIL PROTECTED]
