Raghu, your question does not follow from where the thread started. Such an open-ended question suggests all sorts of things. First, is the time element. When do you actually assess US capitalism? 10, 15, 30 years from now or simply read it off Bernie's lips in the immediate future? Second, if hell does break loose as Ian suggests (the causes could be many and interlocking, either capitalism then is refurbished to some "tolerable" level or junked for something else. These are interesting possibilities. Add to that the rest of world, or the rest of the world that matters to capitalism. China itself offers a slew of possibilities.
That said I think FWIW capitalism will muddle through, creating all kinds of disjunctures, which in another context Andrea Gunder Frank said of national (presumably socialist) autonomy that if the rest of the world crashed true autonomous development would not be affected.Similarly if hell broke loose the core dynamics of capitalism, though constrained would continue whether the rest of the world (periphery in its broadest sense) existed or not. xxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxx Anthony P. D'Costa, Chair & Professor of Contemporary Indian Studies Australia India Institute and School of Social & Political Sciences University of Melbourne, 147-149 Barry Street, Carlton VIC 3053, AUSTRALIA Ph: +61 3 9035 6161, http://www.aii.unimelb.edu.au/ <https://owa.unimelb.edu.au/owa/redir.aspx?C=KGdpeyp6YEyjUaiENKoAtx8nOn9uStAIlCVtCNE3uLxqkGIwkWdEYjJXILfPlddrM0Q1713syQQ.&URL=http%3a%2f%2fwww.aii.unimelb.edu.au%2f> Podcast: https://theconversation.com/speaking-with-anthony-dcosta-on-the-challenges-facing-indias-economy-43913 ICAS 9 Adelaide: http://www.icas9.com/workshop-SASAA.php *New Book: *After-Development Dynamics (on South Korea) http://ukcatalogue.oup.com/product/9780198729433.do *Forthcoming Book: **http://www.tandf.net/books/details/9780415564953/ <http://www.tandf.net/books/details/9780415564953/>* *New Book Series (Dynamics of Asian Development)* *http://www.springer.com/series/13342 <http://www.springer.com/series/13342>* xxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxx On Tue, Oct 27, 2015 at 11:11 AM, raghu <[email protected]> wrote: > On Fri, Oct 23, 2015 at 11:55 PM, Anthony D'Costa < > [email protected]> wrote: > >> If the US were to have these the face of American capitalism would be >> quite different even though the basic social processes would remain >> capitalist >> > > > > How could it be otherwise? Is it even conceivable that "basic social > processes" can ever change overnight? Of course the US will remain > "capitalist" for a very long time no matter what. The question is where is > US capitalism headed in the future? > -raghu. > > > > > > _______________________________________________ > pen-l mailing list > [email protected] > https://lists.csuchico.edu/mailman/listinfo/pen-l > >
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