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[PEN-L:1933] Re: SSA & Regulation Theory

I was very interested in Terry McDonough's comments about Sam Bowles
 being a "one-man crisis of Marxism," and the general drift to the Right
 of a lot of left economists.  I've found the discussion of the Regulationists
 interesting, but Terry has highlighted a broader phenomenon.  What
 explains it?  Things are getting worse and worse, and its no time for
intellectuals to be in retreat.  Have people really become convinced by
 the Fukuyama line that we've reached the end of history, that capitalism
 is unbeatable?

Andrew Kliman
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