>Is Capitalism Sustainable? Let's hope not, or rather let's do our best to >make sure that it continues to be able to sustain itself for as short a >time as possible. "Sustainable Capitalism" is a nightmare.(That includes >"sustainable development" because "development" has always meant >capitalist development.) Economists, as a rule, don't worry about whether >or not it is sustainable in theory; they are hard at work doing their best >to make it so for as long as possible. What do you expect? It's what >economics has always been about. For one take on "sustainablity" see url: >http://www.eco.utexas.edu/faculty/Cleaver/port.html > >........................................................................... >Harry Cleaver ........................................................................... I think it is important to spell out logically why it is not sustainable. What does it undermine its demise? In our answers we cannot think infinite time framework as Shawgi Tell expressed. Our answer should not just appeal to any authority, including Karl Marx. Appealing to authority is cop-out. 300 years history has shown that capitalism is flexible, self-adjusting, self-renewing, and quite revolutionary system. Why would it not last another 100 or 200 years? We wish that it does not last that long, but our wish should be separate from our analysis. Fikret. ++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++ +Fikret Ceyhun voice: (701)777-3348 work + +Dept. of Economics (701)772-5135 home + +Univ. of North Dakota fax: (701)777-5099 + +University Station, Box 8369 e-mail: [EMAIL PROTECTED] + +Grand Forks, ND 58202/USA + ++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++
