What Wallerstein is arguing is that there are structural features of the current version of capitalism that don't lend themselves to the kind of transitions that have previously characterized capitalism. You can disagree with that argument. But simply pointing to precedent doesn't respond to the claim that the current situation is unprecedented.
On Sun, Nov 2, 2008 at 8:53 AM, Jim Devine <[EMAIL PROTECTED]> wrote: > it's the end of capitalism as we know it! But since capitalism is > always changing and creating previously-unknown situations that's > typical if not universal. I'd be surprised if the system stayed the > same for any length of time. > > On Sun, Nov 2, 2008 at 8:39 AM, Carl Dassbach <[EMAIL PROTECTED]> wrote: >> This is a crisis of regulation (ala Aglietta). A new mode of regulation. >> for sustaining the extended reproduction of Capital is one possible >> consequence. Obviously, there are others but I personally doubt we will see >> the end of the capitalism (as a political economy). Wallerstein has been >> predicting the "end" for too long to be taken seriously. If you are always >> predicting the "end," sometimes it will appear as though you are correct. >> Concentrated and directed pressure towards what???? >> >> Jim Devine wrote: >>> >>> ken hanly wrote: >>> >>>> >>>> The new system will be the results of an infinity of individual >>>> pressures. What sort of nonsense is that. I do not see any evidence that >>>> the >>>> present crisis is leading to a new system that is not capitalist. At most >>>> it >>>> will lead to some changes in existing capitalism involving regulation of >>>> financial markets globally if possible and more government involvement as a >>>> means of bailing out or hospitalizing ailing parts of the system until they >>>> recover and handed back to private profiteers. >>>> >>> >>> >>>> >>>> There certainly seems no difference in the US political system. >>>> Everything is framed in terms of the two capitalist parties and the same >>>> illusions are sold about change and the same bipartisan imperialist foreign >>>> policy espoused by both parties.< >>>> >>> >>> Right. Instead of an "an infinity of individual pressures," what's >>> needed is concentrated collective pressure. >>> >> >> _______________________________________________ >> pen-l mailing list >> [email protected] >> https://lists.csuchico.edu/mailman/listinfo/pen-l >> > > > > -- > Jim Devine / "Nobody told me there'd be days like these / Strange > days indeed -- most peculiar, mama." -- JL. > _______________________________________________ > pen-l mailing list > [email protected] > https://lists.csuchico.edu/mailman/listinfo/pen-l > -- Sandwichman _______________________________________________ pen-l mailing list [email protected] https://lists.csuchico.edu/mailman/listinfo/pen-l
