File spoon-archives/marxism.archive/marxism_1994/94-07-31.000, message 105


From: bb05246-AT-bingsuns.cc.binghamton.edu (John Hollister)
Subject: Re: Labor, Surplus value, catastrophism
Date: Mon, 25 Jul 1994 01:51:18 -0400 (EDT)



I sense (but am not ready to argue the specifics) that the falling
rate of profit just means (besides constant change in the cultural
landscapes as new commodities turn up and more of the necessities of 
life get commodified) that capitalism will periodically restructure
itself. We can never forsee just how stable these new
structures/regimes will be, despite their brutality. Nor can we know
how many reproducible regimes there can be.  Capitalism will last as
long as the supply of these reproducible regimes.

Marxists in each generation think that we live in the last stage, and
it cannot possibly go on. Just look back to Sweezy's assertions that
the post-war boom in 1950s US was the final crisis of capitalism.

John

-- 
John Hollister 			 bb05246-AT-bingsuns.cc.binghamton.edu
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"Honey, I'm more man than you'll ever be; more woman than you'll ever get"
					-traditional queen's retort


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