One big problem for capitalism, Julien, will be creating sufficient numbers of people
with enough income to buy all of the stuff spewing out of capitalism productive
forces.
They've run the credit gambit about as far as it can go.
And surely you've noticed that the folks with their hands on the throttle are preparing
for the ruin of masses and masses of people via prison, warm, starvation and epidemic.
More resources are committed to those actions than to impro the conditions
that cause uneven development and distribution, etc., etc.
Julien Pierrehumbert wrote:
> Stan,
>
> >Capitalism is not some impregnable
> >system we will destroy. It will self-destruct when the fuel runs out.
>
> I wish I was so certain.
>
> >You can not tease apart capitalism from
> >mechanized industrialism.
>
> This is true as far as the past and present are concerned. At least, it is so if you
> don't look too closely at history.
> But why do you know it will be so in the future? Why do you think capitalism will
> *necessarily* fail to adapt? On that important question, all I've heard from marxists
> until now is circular and/or implying that the past will necesarily repeat itself.
>
> Julien
>
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