From: david@danyaf.plus.com
Date: Mon May 19 2008 - 06:43:44 EDT
Jerry, Steve Palmer has been producing an excellent series of articles on the credit crunch and US economy in Fight Racism! Fight Imperialism! - see http://www.revolutionarycommunist.org/frfi.html Issues 198 onwards On Britain see my article in FRFI 194 and 201 David Yaffe At 23:19 18/05/2008 +0100, you wrote: >His long article on The Economics of Global Turbulence in New Left Review >229 where he totally ignores the existence of imperialism and financial >capital. His later book simply includes some aspects of imperialist >reality but as an empirical factual addition. He could hardly exclude it >given the criticisms of the New Left Review Article. I suppose you could >say his low profit rates had a Smithian explanation underlying his >position - similar to Glyn and Sutcliffe but without the additional effect >of rising wages squeezing profits. But the world has moved on since then. > >----------------------------------------------------------------- > >Hi David Y: > >Yes, but criticism which says that he had ignored imperialism and >financial capital is quite different than a claim about how his work >was empiricist. > >What would _you_ claim is a good analysis of the current period, >including the current financial crisis? > >In solidarity, Jerry > > > > > > > >_______________________________________________ >ope mailing list >ope@lists.csuchico.edu >https://lists.csuchico.edu/mailman/listinfo/ope _______________________________________________ ope mailing list ope@lists.csuchico.edu https://lists.csuchico.edu/mailman/listinfo/ope
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