Capitalism was not establish on a particular date. Some people see capitalism in ancient Sumeria and the like since there were markets at the time.
Similarly, capitalist crises do not suddenly show up one day. The system has many contradictions. Sometimes they accumulate enough to reach a critical stage. When these openings occur, there can be an opportunity to act. Crises also can offer great opportunities to capital, which, for example, consolidated in many ways as a result of the Great Depression, alongside New Deal gains. On Sat, Dec 22, 2007 at 01:28:55PM -0500, Doug Henwood wrote: > > Capitalism was already established in the U.S. when the railroads > were being built, so stealing land, etc., doesn't really qualify as PA. > -- Michael Perelman Economics Department California State University Chico, CA 95929 Tel. 530-898-5321 E-Mail michael at ecst.csuchico.edu michaelperelman.wordpress.com
