Date: 14 Feb 96 04:01:37 EST From: "Chris, London" <100423.2040-AT-compuserve.com> Subject: Re: the collapse of capitalism? As a non-marxist visitor, Brian Carnell, is welcome becomes his challenges are polite. And have all the more impact for that reason. I won't try to get into this thread in detail, but I just wanted to comment that marxism has always been clear about the tremendous revolutionary role of capitalism in increasing the production of use values per hour of input of labour time. The Communist Manifesto is eloquent about the impact of this. Although few on this list would argue that there is a mechanical inevitability that capitalism will collapse automatically, as a system it is vulnerable to a number of charges and not just that of inequality. It is a reasonable overview to say that except when capitalism can draw into its circulation new sources of labour power, it usually operates significantly below the total productive capacity of the society. Thus it is plausibly alleged that at present 30% of the world's workforce is either unemployed or under-employed. Furthermore the chaotic nature of the system, means that its control is on the agenda in many countries, most transnational corporations, and world forums. No one knows for sure for example why the best estimates are that the average temperature in the world was 0.5C higher last year. Just random variation? Perhaps; but it's getting too risky not to be thinking seriously how to bring capitalism under social control, even if you are not doing too badly yourself. When are we going to get a real representative of capitalism on this l*st? Chris London --- from list marxism-AT-lists.village.virginia.edu --- ------------------
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