>
>How you measuring accumulation? If you're measuring profitability in
>relative rather than absolute terms, shouldn't you measure
>accumulation relatively as well?
Doug,
I meant by accumulation what Jim D is (I believe) referring to as net
investment. I think I agree with Jim that the overco
Doug Henwood wrote:
>
>
> And when are those contradictions of capitalism that Rakesh is
> talking about really going to bite? I mean something more than a
> nibble. The phrase has been around for what, like a century?
>
They've been biting every second of every day for several hundred years
Doug, that I think that the big capitalists do understand their interest.
The small ones to whom the Wall Street Journal appeals on their editorial
page do not. We were just discussing yesterday how major businesspeople
appreciate Marxist analysis.
On Tue, Jan 15, 2002 at 02:15:22PM -0500, Doug