I would warn against such a dualism between psychological "cause" and
economic "effect". In the 1830s, the young Hegelians pursued such a
"revolution in ideology" and Marx chastized them in the German Ideology and
concluded with the famous line about changing the world. By the end of the
19th cent
So, you are saying that pensionfunds
and some sort of mass-shareholder scheems
would take us sort of smoothly out of capitalism?
But they, too rely on profits and growing profits,
and to stock market gambling, thus
tendecy to crash...
Sorry to have lead you away from shorter
hours.
Eva
>
> >
Eva Durant wrote,
>So, you are saying that pensionfunds
>and some sort of mass-shareholder scheems
>would take us sort of smoothly out of capitalism?
>But they, too rely on profits and growing profits,
>and to stock market gambling, thus
>tendecy to crash...
>Sorry to have lead you away from sh
Tom, you say I asked the political questions, when
in fact I asked economical ones - how can be
profits maintained if your suggestions are
accepted. You provide evidence for
the maintanace of productivity, but
not profits the essential motor
of the present economic mechanism.
Do you agree,
the r
Eva Durant wrote,
>Tom, you say I asked the political questions, when
>in fact I asked economical ones - how can be
>profits maintained if your suggestions are
>accepted. You provide evidence for
>the maintanace of productivity, but
>not profits the essential motor
>of the present economic mecha
Eva Durant supposes that my essay misses the importance of profits. She then
enumerates several points having to do with the non-correspondence between
productivity and profitability. If I may so characterize Eva's point, it
refers to Marx's analysis of the internal contradictions of capitalism
(i
A few comments to Tom Walker;
Your essay completely misses an important
word whether he talks about the Canadian or
any other economy of today;
businesses need to make PROFITS to survive
in our market system.
- productivity is not linked to profits in
a climate of over-production and disappe
