Date: Tue, 23 Jul 1996 21:24:36 -0500
From: dhenwood-AT-panix.com (Doug Henwood)
Subject: Re: Doug H on the real issues


At 2:08 AM 7/24/96, Hugh Rodwell wrote:

>        The Death Agony of Capitalism

Capitalism is *not* in its death agony. Belief that it is seems to be one
of the pathognomonic signs of Trotskyism: the terminal crisis is always
just around the corner. As Marx said, comparing Sismondi and Ricardo in the
Grundrisse, those like Sismondi who always emphasize the barriers to
capital understand its inner nature less well than those like Ricardo who
emphasize the overcoming of barriers. The transformation of capitalism will
probably not occur through its spontaneous collapse; it has to be done
politically.

Doug

--

Doug Henwood
Left Business Observer
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