Date: Wed, 16 Sep 1998 09:22:33 -0400 (EDT)
Subject: Re: AUT: Grundrisse/MBM
Angela,
If I remember correctly, Shortall's crisis theory is based on the
devaluation of existing fixed capital on which interest is still owed by
the introduction of cost-cutting technical change? Isn't this similar to
Brenner's argument, though Brenner emphasizes that such destructive
competition comes from without--that is, through international rivalry?
But I share your enthusiasm about Shortall's and Postone's books.
best, rakesh
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