From: Gerald Levy (jerry_levy@verizon.net)
Date: Sat May 10 2008 - 14:50:03 EDT
My analysis is I suppose similar to Toporowski's (in terms of the economic implications of "capital market inflation", which acquires an autonomous dynamic) but additionally I connect the sources of capital market inflation to the tendency of the industrial rate of profit to fall and to the saturation/monopolisation of markets, and, I try to show the effect of international capital transfers on the domestic economy. As I emphasized in my RRPE piece, "Keynesian policy, based on state intervention, assumed a national framework for policy". ======================== Hi Jurriaan: What RRPE 'piece'? In solidarity, Jerry _______________________________________________ ope mailing list ope@lists.csuchico.edu https://lists.csuchico.edu/mailman/listinfo/ope
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