File spoon-archives/marxism-thaxis.archive/marxism-thaxis_1997/marxism-thaxis.9710, message 257


Date: Tue, 21 Oct 1997 20:27:47 -0500
From: Doug Henwood <dhenwood-AT-panix.com>
Subject: Re: M-TH: The Henwood Theorem


Gerald Levy wrote:

>Where is the "critical theory of capital accumulation" that you claim
>DH has?  To be critical, doesn't this require *critique* (rather than
>caricature alone) of existing theories?
>
>I know, James. But, I have been reading what this guy has to say for over
>a couple of years (on several lists). Just the other day, he said he
>agreed with everything that a snitch had to say except about Jameson. It
>would indeed be ironic if someone such as that actually produced
>something (anything) of merit.

Could you set aside your psychotic degree of ressentiment for a second and
answer the questions I asked you before: do you think that stock market
valuations are at least in part a function of profitability and ruling
class confidence, and that those things depend in turn at least in part on
the state of the class struggle?

You invoke critique constantly, but I've never seen you exercise much of it
except in ad hominem form.

Doug




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