SeaShore > Status Update
SeaShore
is 4% done
You can't blame the crisis on the nature of capitalist just like you can't blame it on greed.
He plans to argue that the economy never fully recovered from the recessions of the mid-1970s and early 80s.
Much less capital value was destroyed during the 1970s and early 80s than in the 1930s and early 1940s so the decline in the rate of profit was not reversed.
— Apr 03, 2020 04:01PM
He plans to argue that the economy never fully recovered from the recessions of the mid-1970s and early 80s.
Much less capital value was destroyed during the 1970s and early 80s than in the 1930s and early 1940s so the decline in the rate of profit was not reversed.
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SeaShore
is 4% done
The generation of profit makes possible the investment of profit
— Apr 03, 2020 04:01PM
SeaShore
is 4% done
I will therefore not say much about greed, either in general or as it has been shaped by capitalism. ... I do believe that capitalism is here to stay in the way that gravity is, but it has been around for hundreds of years so blaming the crisis on capitalism as such does little to illuminate why a major crisis erupted a few years ago rather than in the 1960s.
said the author.
— Apr 03, 2020 03:27PM
