>>> CeJ <[EMAIL PROTECTED]> 03/24/2008 10:04 PM >>>
>  ^^^^^
>  CB: I don't that Marx , Engels or Lenin analyzed what precipitated
>  specific profit crises.  Do you have an example of one of them
analyzing
>  a specific crisis ?

Will get back to you on your question.

But let me say: Perhaps my question should have been stated as the
question as to whether or now there was a profit crisis.

Regardless, I think M-E and Lenin would be very much interested in
what is happening right now, don't you?

^^^^^
CB: Yes, , but I have this thing that Marxists shouldn't be focussed on
how crises occur, but what how they impact the classes and class
struggle, , if you follow me. They would be interested in what's
happening now, as you say, but they would be interested in a different
aspect of what's happening now than what "economists" are interested in
.  They would want to know how the crisis  impacts class consciousness,
class unity, the struggle between the classes right now. Do you see the
distinction I'm making ?

^^^^^

Much of 'Marxism' takes as its problematic crises theses and, in the
case of academic economics, such as it is (who is that, Jim Tomcat
Devine and Michael Wimp Pereleman?), how to quantify labor theory of
value. Yawn.
^^^^^
CB: See above. Marx didn't even leave a coherent theory of crises.
People have to pick through his writing and construct one.  A lot of the
theory is in Vol. III which he didn't even bother to complete. I think
that's because he didn't want Marxists to spend a lot of time analyzing
the why and how of crises.  He wanted them to concentrate on raising the
class consciousness of the working class. The main thing needed is to
demonstrate to the working class that capitalist wealth is exploited
from them, and that mass immiseration at one end of the wealth pole is
linked inextricably with wealth accumulation at the other end of the
wealth pole, i.e. the Absolute General Law of Capitalist Accumulation.

^^^^^

Duff Henwood seems to have this thesis that every time a crisis pops
up, once American capitalism overcomes that crisis, American
capitalism has evolved closer to perfection while the left gets
loonier. The guy is a genius!

CJ

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