From: Psbs-AT-pseud.pseud
Subject: Re: M-INTRO: Re: your mail
Date: Sat, 28 Oct 2000 19:12:35 GMT





>From: DavidWelch2-AT-pseud.pseud
>Reply-To: marxism-intro-AT-lists.village.virginia.edu
>To: marxism-intro-AT-lists.village.virginia.edu
>Subject: M-INTRO: Re: your mail
>Date: Sat, 28 Oct 2000 01:09:31 +0100 (BST)
>
>
>On Fri, 27 Oct 2000 Psbs-AT-pseud.pseud wrote:
>
> > Did Marx realize the impact of the Constitution of the United States on
> > the world's ideal of "freedom." He wrote Das Kapital in an environment
> > which was somewhat hostile to the concepts of public freedoms such as, a
> > right to an eduacation, to assemble, of press, mobility, etc. 1.
> > Doesn't a strong framework providing freedoms to the masses weaken some
> > of the vim and vigor of Marxism?
> >
>For Marx, capitalism is intrinsically democratic, it's impossible to rule
>a society as dynamic as a capitalist one as you might under feudalism,
>just by the local lord laying some stick about. But democracy under
>capitalism is also limited by the same processes that limit capitalism
>itself, the tendency for the rate of profit to fall. Capitalism is subject
>to periodic crises from which it can only recover (at least in general) by
>increasing the rate of exploitation of the working class. If the
>capitalist class is confronted in these circumstances with opposition from
>the working class then it (empirical evidence suggests at least) tends
>to restort to dictatorial methods. A prime example of course is Nazi
>Germany.
>I find it interesting that in the last century, the events which lead a 
>capitalist society out of a depression are social events such as war, FDR's 
>New Deal, another war.  Well, monetary management may be doing the trick 
>since 1980, overlooking the Gulf War recession, but it will interesting to 
>see how the industrialized nations react when confronted with another 
>economic crisis.  In addition to a social event leading us out of 
>depression or recession, remnants of the social event linger leading us 
>closer and closer to socialism.  A great example would be the income tax, 
>which was to be temporary, that was enacted to help pay for WWII.
Is flawless monetary management the answer to the business cycle?
>
>
>
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