PEN-L
mailing list archive

Other Periods  | Other mailing lists  | Search  ]

Date:  [ Previous  | Next  ]      Thread:  [ Previous  | Next  ]      Index:  [ Author  | Date  | Thread  ]

[Pen-l] Seems to me



that the current crisis is merely another expression of the fundamental contradiction of capitalism manifested at a new level: the inherent contradiction between society's ability to produce and society's ability to consume.

Question - how does the lack of personal savings in the US (as far as I know the US has the lowest rate of personal savings, less than zero, or seen another way, Americans spend 103% of their income) figure in the current crisis?

CHAD
_______________________________________________
pen-l mailing list
pen-l@xxxxxxxxxxxxxxxxxx
https://lists.csuchico.edu/mailman/listinfo/pen-l



Other Periods  | Other mailing lists  | Search  ]