Re: Marx and Keynes on Unemployment

[BILL MITCHELL <ECWFM@xxxxxxxxxxxxxxxxxxx>]

JJG quoting me said
>
>                  Bill's comments further: "It just goes to
>        show that despite all the humdrum about the collapse of
>        socialist thought given that a few corrupt slavic
>        regimes finally hit the wall, the critical analysis of
>        Marx and later in the same spirit Kalecki and Sraffa
>        and on is still relevant and vital."

>             "Sure," Gelles says, -- Cuban, Korean, Cambodian,
>        German, Chinese and Vietnamese slavs.

well despite the on-going paranoia that the big USA has over the
tiny Cuba, it hasn't hit the wall,
despite the paranoia that the big USA has over North Korea it hasn't
hit the wall,
Cambodia ?
Germany (East) was an outpost of the USSR.
China hasn't hit the wall
Vietnam - won its independence from colonialism and puppet USA-propped up
governments by trouncing the USA and OZ in a corrupt and unseemly war. it
still hasn't hit the wall.

Not that I for one minute suggest that any or all of the above are in any way
immune from mass criticism.

kind regards
bill