[Marxism] query on Henryk Grossman

[Andrew Pollack <acpollack2@xxxxxxxxx>]

Very good question (what Louis wrote below). Because maybe once there are 
recurring crises based on the financial sector, and we know they have at least 
semi-autonomous dynamics, what are those dynamics? For instance, why in banks 
and not mortgages, or dot.com and not the previous two, etc. And why bigger 
impacts in some crises than in others, in some countries and not others? Etc. 
etc.
  Maybe John Bellamy Foster has some thoughts on this.
  (I say semi-autonomous because there's still the underlying crises rooted in 
production -- of which the American Axle strike and previous Big 3 contract 
catastrophes are striking (pun intended) examples. As well as the mushrooming 
of the immigrant workforce.)

-- Louis Proyect <lnp3@xxxxxxxxx> wrote:
I guess maybe my question is whether there 
is a "crisis theory" that directly relates to the events of the past 50 
years or so, which have been mostly based in the financial sector.

       
---------------------------------
Be a better friend, newshound, and know-it-all with Yahoo! Mobile.  Try it now.
________________________________________________
YOU MUST clip all extraneous text before replying to a message.
Send list submissions to: Marxism@xxxxxxxxxxxxxxxxxxx
Set your options at: http://lists.econ.utah.edu/mailman/listinfo/marxism