From: Louis Proyect 
. In fact, heavy industry--the sector addressed by classical Marxism
such as Daniel Guerin's "Fascism and Big Business"--seems to play a
minor role in economic upheavals in the advanced capitalist countries. 

^^^
CB; Isn't the US auto ( and maybe steel) industry in an "upheaval" ? 
Auto workers are in the process of having their wages cut in half.
Michigan is in a one state recession.

^^^^^^^

The dot-com crisis was ostensibly non-financial, but the fact that it
arose out of a disconnect with "bricks and mortars" makes it seem
another exception to Grossman (and Mattick's) formulas.


Any thoughts?


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