From: Rakesh Bhandari (rakeshb@STANFORD.EDU)
Date: Fri Dec 05 2003 - 14:42:23 EST
> >My real question is--- what kind of theory does imply that such an >arrangement would work? Or, alternatively stated, specifically what >are the necessary conditions/elements in a theory for it not to be >social democratic? > in solidarity, > michael My answer, Michael: A theory whose diagnosis of crisis either gives confidence that it will be self-correcting or that the state can correct it with interventions that remain with the structural parameters of the system, so to speak. See for example Mattick Economic Crisis and Crisis Theory. I noticed that there is even a web edition now available. Yours, Rakesh
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