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 ((((((((((((((((((((((((((((((((((((((((((((((((((((((((((((((((((((((((((( "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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