Re: [Marxism] Carl Davidson report on the Left Forum

[Barry Brooks <durable@xxxxxxxxxxxxx>]

nada wrote:

what kind of 'growth' then?

The problem is that infinite ANYTHING is impossible in our little domain.

Any rate of production, a growing rate, a constant rate, a declining 
rate, or a low rate of production might support accumulation so long as 
the rate of consumption is lower.

The rate of physical accumulation is the production rate minus the 
consumption rate. Forget the nominal growth of paper assets.

We need to grow use-value by using sustainable rates of production, and 
making sure that our consumption rates are lower than those moderate 
production rates. Then real wealth can grow and grow until your storage 
space is full and you say enough already! Satiation is the measure of 
economic success.

Barry









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