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Re: Re: Re: Re: Re: Re: Re: RE: Re: Re: Re: Re: the profit rate & recession

Michael Perelman wrote:

Doug, that I think that the big capitalists do understand their interest.
The small ones to whom the Wall Street Journal appeals on their editorial
page do not.  We were just discussing yesterday how major businesspeople
appreciate Marxist analysis.


Yes, because they appreciate class analysis, and they know which side
of the class divide they're on. But social democracy blurs class
lines, weakens social discipline, reduces the power of bosses, raises
wages, etc. - so it's no wonder they don't like it.

Doug


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