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Re: [Pen-l] The fundamental crisis response. was Ecological creditcrunch
- To: Progressive Economics <pen-l@xxxxxxxxxxxxxxxxxx>
- Subject: Re: [Pen-l] The fundamental crisis response. was Ecological creditcrunch
- From: Carrol Cox <cbcox@xxxxxxxxx>
- Date: Fri, 31 Oct 2008 07:45:03 -0500
Jim Devine wrote:
>
> raghu wrote:
> > To be clear, when I say growth I always mean GDP growth.
>
> why not simply say "GDP growth" then?
I think Raghu has a point. Growth is a concept (and certainly a word)
that pretty much belongs to The Enemy. A, perhaps the, defining feature
of capitalism in contnrast to every other actual or envisaged social
system is that it cannot not Grow in Raghu's sense. That need to grow to
survive is (I think) another way to express its necessary instability. I
think we should leave them the word and articulate our goals in
different vocabulary.
For example, the Sandwichman's demand for shorter hours (which I agree
whould be core to our program) fits uncomfortably into any vocabulary of
growth, no matter how we attempt to define or redefine the term.
Carrol
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- Thread context:
- Re: [Pen-l] The fundamental crisis response. was Ecological credit crunch, (continued)
Re: [Pen-l] The fundamental crisis response. was Ecological creditcrunch,
Carrol Cox Fri 31 Oct 2008, 12:22 GMT
Re: [Pen-l] The fundamental crisis response. was Ecological credit crunch,
Eugene Coyle Fri 31 Oct 2008, 05:12 GMT
Re: [Pen-l] The fundamental crisis response. was Ecological creditcrunch,
Carrol Cox Fri 31 Oct 2008, 00:06 GMT
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