I "SORT OF" agree with Roberts but the capitalist SSA (I jump back and forth between the Baran-Sweezy mono-cap stagnation theory and the SSA analysis which has many authors) that was in place from the end of WW II till the end of the 1970s was a HELLUVA success in the US ---
Obviously, it had its contradictions and therefore couldn't last but from 1945 to about 1970 it really delivered the goods to vast swaths of the population --- and after 1970 was the period when women got a much larger piece of the pie than before --- Could a new version of the post WW II SSA (which even Baran and Sweezy admit [temporarily] banished the stagnation wolf from the door) arise that would do al the great things that Siglitz wants --- MAYBE --- Roberts obviously thinks that's impossible --- On Tue, May 14, 2024 at 6:09 PM Mark Baugher via groups.io <mark= [email protected]> wrote: > > > > On May 13, 2024, at 7:02 AM, Michael Meeropol via groups.io <mameerop= > [email protected]> wrote: > > > > I would love to see, say, Monthly Review do a detailed analysis of > Stiglitz's oeuvre --- > > Not a detailed analysis but a brief critique of Stiglitz' latest book from > Michael Roberts: > > "Stiglitz does not want to get rid of capitalism but to regulate it, so it > works for the many (sheep) over the few (wolves). 'We need environmental > regulations, traffic regulations, zoning regulation, financial regulations, > we need regulations in all the constituents of our economy,' he writes. But > Stiglitz is either naïve or applying sophistry here. The history of > regulation is a history of failure in controlling capitalism or making > banks and corporations apply policies and investment in the interests of > people over profit." > > Thanks to Ted for pointing me to this very recent review. > > Mark > > > -=-=-=-=-=-=-=-=-=-=-=- Groups.io Links: You receive all messages sent to this group. View/Reply Online (#30332): https://groups.io/g/marxmail/message/30332 Mute This Topic: https://groups.io/mt/106071997/21656 -=-=- POSTING RULES & NOTES #1 YOU MUST clip all extraneous text when replying to a message. #2 This mail-list, like most, is publicly & permanently archived. #3 Subscribe and post under an alias if #2 is a concern. #4 Do not exceed five posts a day. -=-=- Group Owner: [email protected] Unsubscribe: https://groups.io/g/marxmail/leave/8674936/21656/1316126222/xyzzy [[email protected]] -=-=-=-=-=-=-=-=-=-=-=-
