Re: [Marxism] Meanwhile..."Sharp Drop in Jobs Adds to Grim Picture of U.S. Economy" (NYT)

[Rod Holt <rholt@xxxxxxxxxxxxxx>]

There is no reason I know of to think that capitalist crisis march along 
immune to the vagaries of social conflicts as though they were like the 
sun spot cycles. Neither is there reason to believe crisis are all the 
same in cause and depth. There are quite a few reasons to think this 
crisis will be different and more severe both domestically and 
internationally.
    --rod

Carrol Cox wrote:

>The point of this escapes me. Recessions are not news nor are they,
>really, of much political importance. They have been a standard feature
>of capitalism since 1825 -- and in fact are mecessary for the health of
>the capitalist system. If one doesn't come now, it will come next year
>or the year after. And after the recovery in another 5 to 7 years
>another one will come.
>
>
>Carrol
>
>
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