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[Marxism] Debates about the declining American empire



Dear Patrick,

I had set out to write to you a decent response but my son reminded me of my
fatherly duties.

My son comes first, so this one is short!

Let me start with acknowledging that the language I had learned at the
graduate school is no better than the one you had. Both you and I need to go
beyond and above these languages so that whatever we are trying to say, our
audience have some chance to understand what we are saying, and more
importantly, to challenge us.

Now, to join my son for dinner as a one-night single father, I need to go
but here are two pictures for our marxmail friends to look at, if they care
to look at them, of course.

Best,

Sabri

http://research.stlouisfed.org/fred2/series/NETFI/108/Max
http://research.stlouisfed.org/fred2/series/NETEXC/108/Max

What you (you being not just Pat) will see in these pictures is called
"structural change" in some jargon. I will not go into explaining what that
means. There are at least two (at most three) of them there. It is up to you
at this time to see them since my son is waiting for me, so that I do not
have the time to offer an explanation.

They are pretty obvious though.


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