Re: [Pen-l] Moishe Postone

[Charles Brown <cdb1003@xxxxxxxxxxx>]

--- On Sun, 2/1/09, Jim Devine  wrote:

I think Marx was right that as long as we have capitalism, there will
be business cycles of some sort -- or the problem will be shifted in
some way (to cause inflation, at the expense of another country, etc.)
Social-democratic or Keynesian management of an economy doesn't change
the underlying problems of capitalism, though it might lead to a
period of apparent stability. Even if it does stabilize, the incentive
for capitalists is to undermine and/or get around that kind of
management, eventually destroying it.

^^^^^

CB: Yes. This is why I'm thinking Marx 

would not finish

his theory of crises. Because 

he didn't think they could

be ended anyway. So, why perfect a 

theory of them ? And practice 

of such theory as reforms would 

eventually detract from

revolutionary projects.

^^^^

I don't have time to explain why I think that's true.

^^^

CB: As long as there is exploitation, 

there will be

crises, 'cause exploitation restricts 

the consumption

of the masses, and

"The ultimate reason for all
real crises always remains the
poverty and restricted consumption
of the masses as opposed to the
drive of capitalist production to develop
the productive forces as though only
the absolute consuming power of 
society constituted
 their outer limit "
 

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