Re: what is going on???

["Carl Remick" <carlremick@xxxxxxxxxxx>]

> From: Michael Perelman <michael@xxxxxxxxxxxxxxxxx>
>
> In a time of war and economic chaos, I am saddened that this list
> becomes far more active in attacking one another than in
> attacking capitalism.
>
> I had been meaning to ask people why there has been so little
> activity on the list regarding economic matters.

Why indeed!  I just returned from several days' holiday absence to find my
PEN-L/LBO inbox crammed with blistering internecine invective about
Afghanistan, with nary a word about the continued downward trajectory of the
economy.  What a godsend this war was for American capitalists in
distracting the public from the rapidly accumulating woes caused by the
rampant speculation and overexpansion of recent years, and in providing them
a scapegoat for economic deterioration going forward.  It's a pity that we
seem willing to join the public in being distracted from this economic
story.

Carl

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