E: capitalism's
expansion vs. limits
Well said. The question then is do these contradictions reinforce each
other or do they cancel each other out?
On Sat, Jun 23, 2001 at 10:57:39PM -0500, Forstater, Mathew wrote:
> Constraints to Capitalist Expansion:
>
> 1) lack of aggregate demand
Well said. The question then is do these contradictions reinforce each
other or do they cancel each other out?
On Sat, Jun 23, 2001 at 10:57:39PM -0500, Forstater, Mathew wrote:
> Constraints to Capitalist Expansion:
>
> 1) lack of aggregate demand - obviously, low demand means low sales. it
>
Constraints to Capitalist Expansion:
1) lack of aggregate demand - obviously, low demand means low sales. it
also probably means slow productivity growth, competitive weakness (for
firms, industries, sectors, nations), which feeds cumulatively back to
low demand
2) availability of credit. credit
