Re: Some questions

[Doug Henwood <dhenwood@xxxxxxxxx>]

Of course, Keynes got this from a primer on Marx; he found the Graybeard
himself unreadable.

A fundamental contradiction of Keynes' thought strikes me: he realized
that money is the end of capitalist production, yet he thought that the
power of the monied could be painlessly neutralized. How can you strike at
the essence of something and assume the something will lie back & take it?

Doug

Doug Henwood [dhenwood@xxxxxxxxx]
Left Business Observer
212-874-4020


On Mon, 10 Jan 1994, Paul Davidson wrote:

> FROM:  Paul Davidson
> "      Economics Department
> "      523 Stokely Management Center     974-4221
> Now your on the right trail Jim. In his lecture notes of 1933 and 1934, Keynes
> refers to Marx's M-C-M approach as preferable to the classical C-M-C approach
> for analyzing the world we live in. Paul Davidson
>
> Have a good day!