Re: What time is it ?

[Kevin Cabral <kcabral@xxxxxxxxxxxxxxxxxxxxxx>]

On Wed, 31 Jan 1996, Louis N Proyect wrote:

> Louis: Interesting analysis from Adam. Especially the comparison between
> 1929 and 1987. However, to describe capitalism as in "deep crisis"
> today is just not accurate.
>
> We could be facing a period of deepening capitalist crisis, but for the
> time being, at least in the United States, the capitalist class is in the
> driver's seat and has no need to resort to paramilitary ultraright
> formations to vanquish proletarian revolution. Ford Motor Company is for
> Clinton or Dole, not Mark from Michigan.

        But I strongly agree that capitalism is once again headed rapidly
downhill, as I like your comparison with the Gilden Age. I'm not nieve
enough to look for revolution in the next year, but in the next few years
it will be important to get socialist alternatives to the public as there
will be support.

        Even the business oriented US News ran an article this month
admitting that real wages have been dropping for decades, that the gap
between the richest and poorest Americans will continue to expand, that
the entire working class (this includes much of the middle class) will be
extremely hurt for the forseable future, and that corperations will
continue to make growing profits from these developments.
        
Kevin
Cols, Oh
        




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