I remember hearing my adviser Kenneth Boulding addressing a conference on the theme "will capitalism survive" or some such thing. His first sentence was that of course capitalism will not survive, nothing lasts forever, so we can go home now. Then he laughed and went on with his talk.
>Max Sawicky: >> You'd have to look for a while to find an economist who would say >> capitalism will be no more. > >Charles Brown: >> Was there a threat to the >> system if the Wall Streets banks >> had failed, or was that a false >> and misleading claim by whoever >> claimed it to get the dough ? > >how can capitalism go away (and "be no more") without a mass movement >ready to replace it with something? I guess we could have Hobbesian >anarchy for awhile, but eventually capitalism would reemerge (unless >people create an alternative). > >Capitalism can be in deep doo-doo for a long time (as in the 1930s) >without going away. The Wall Steeters were probably exagerrating to >get the dough, but there was also a real financial crisis. >-- >Jim Devine / "Segui il tuo corso, e lascia dir le genti." (Go your own >way and let people talk.) -- Karl, paraphrasing Dante. >_______________________________________________ >pen-l mailing list >[email protected] >https://lists.csuchico.edu/mailman/listinfo/pen-l > > _______________________________________________ pen-l mailing list [email protected] https://lists.csuchico.edu/mailman/listinfo/pen-l
