Re: [Marxism] The Optimism of a Double-Dip

2011-06-03 Thread Louis Proyect

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On 6/3/2011 11:57 AM, michael perelman wrote:

A crisis is the method by which a capitalist economy partially purges
itself of the effects of past mistakes while imposing misery on the
masses.




Lately I have been wondering if the business cycle model makes 
sense. Isn't it possible that American capitalism has entered a 
new phase of decline that bubbles preempted only up to a point? 
Could we be the next Japan?


Furthermore, this boom-and-bust paradigm only seems to make sense 
when it is applied to a G8 type nation. When is the last time that 
Paraguay or Malawi went through a business cycle?



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Re: [Marxism] The Optimism of a Double-Dip

2011-06-03 Thread Gary MacLennan
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Hi Michael

I have been thinking for some time about this word crisis especially in
the context of Indigenous Education policy where I now work. Since the 70s
here in Oz there have been a regular series of reports talking about the
crisis in Indigenous education.  But of course there was no crisis at
all.  Just underfunding, under resourcing and a culture of low expectations
etc that formed a toxic equilibrium.

I have also been re-reading Benjamin's theses on history.  Number  8 strikes
me as particularly relevant.  It says

The tradition of the oppressed teaches us that the state of emergency in
which we live is not the exception but the rule.  We must attain to a
conception of history that is in keeping with this insight.  Then we shall
clearly realize that it is our task to bring about a real state of
emergency. and this will improve our politics in the struggle against
Fascism

If you substitute crisis for state of emergency in Benjamin's thesis
then I think we can begin to see a bridge between your thinking and Lou's.

comradely

Gary

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