Re: [Pen-l] The Final Question

[Jim Devine <jdevine03@xxxxxxxxx>]

Max Sawicky:
> You'd have to look for a while to find an economist who would say
> capitalism will be no more.

Charles Brown:
> Was there a threat to the
> system if the Wall Streets banks
>  had failed, or was that a false
> and misleading claim by whoever
>  claimed it to get the dough ?

how can capitalism go away (and "be no more") without a mass movement
ready to replace it with something? I guess we could have Hobbesian
anarchy for awhile, but eventually capitalism would reemerge (unless
people create an alternative).

Capitalism can be in deep doo-doo for a long time (as in the 1930s)
without going away. The Wall Steeters were probably exagerrating to
get the dough, but there was also a real financial crisis.
-- 
Jim Devine / "Segui il tuo corso, e lascia dir le genti." (Go your own
way and let people talk.) -- Karl, paraphrasing Dante.
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