Brian McKenna wrote:
In a message dated 12/10/04 3:36:22 PM Eastern Standard Time, [EMAIL PROTECTED] writes:
How is that good Marxism? Didn't Marx write a lot about capitalism'simmense powers to grow? Or is this just the latest in a long line of reasons why KM was no Marxist?
Doug, I would guess that Mike was joking (being facetious).
Yeah, I figured, but it's a joke that tells a truth. The "proper" Marxist position is short.
Doug
Doug, your comment is like an itch I need scratched. . . .there are so many meanings therein. . .might you expound abit?
It's a variation on something I've been saying for a long time, and which everyone is no doubt bored with hearing. Too often, Marxists think capitalism is just one quarter away from serious, even terminal, crisis. Some will concede that state manipulations - bailouts, easy credit, deficit spending, etc. - can defer the day of reckoning, but the ultimate reckoning will only be worse fo all the manipulations. (This is quite similar to the line taken by many Wall Street "Austrians," i.e., followers of Hayek and his posse: the state only makes things worse, and you've got to have the cleansing crisis or things will go very bad.) Maybe, someday, but the day of reckoning keeps getting postponed.
Doug
