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
Michael Perelman wrote:
>Doug is probably correct that the threat of choking on oil is an impending
>danger, but the oil is getting harder and harder to get. The low hanging
>fruit is gone. The oil that is now being drilled in the Gulf of Mexico is
>deep at the bottom of the sea. No one knows w
Michael:
>Mark may be wrong that oil will be the ultimate constraint. I suspect
>water will come first -- although our economy wastes an enormous amount,
>which gives us some wiggle room. In other parts of the world, the people
>are note so fortunate.
Actually, it probably makes sense not to us
Doug is probably correct that the threat of choking on oil is an impending
danger, but the oil is getting harder and harder to get. The low hanging
fruit is gone. The oil that is now being drilled in the Gulf of Mexico is
deep at the bottom of the sea. No one knows what will happen if a serious
Jim Devine wrote:
>BTW, what does the petrogeological profession as a whole think of
>Hubbert? what is the professional consensus on his methods and
>conclusions? why should we believe him rather than others? or is he
>"reputable" the way Milton Friedman is?
When Mark started going on about t
