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The long period of expansion and job security ended around way before now, Marv. With the rate of retun on investement peaking in the US around 1970, 1973 is, IMO, the critical year as the bourgeoisie begin their long offensive against living standards, job security, wages-- using every miserable trick in their worst of books from oil prices to Pinochet to asset stripping to recycling the petrodollars as loans. ________________________________________________ Send list submissions to: [email protected] Set your options at: http://lists.econ.utah.edu/mailman/options/marxism/archive%40mail-archive.com
