Greetings Economists,
What are we talking about? Balloons in the economy? That does not
require a left point of view. If we are talking about crises that
shake the system, a sense for example taken from 1917 the form
represents a large scale memory of the factors leading up to
revolutionary moments. A sense common to France in 1789 to Russia in
1917, or Cuba? Then a sense that capitalism is not permanent or
stable is important to understand.
However, conditions change that lead to crises, and the template of
France 1789, or Russia 1917 don't fit the present circumstances. One
is forced as it were to accept that crying wolf is not enough when
anchored to a template of conditions. Credibility in capitalism
however is not what you mean. You mean credibility in terms of a
movement. A mass movement and that is not so much credibility as
unity and maintaining unity in action. Hence a template of conditions
that shift can make crying wolf a detriment in some periods such as
1973 to 2008. When a crisis is manifest then crying wolf is self
evident to all.
thanks,
Doyle Saylor
On Nov 2, 2008, at 12:00 PM, Jim Devine wrote:
there's no down-side to "crying wolf"? it has no impact on one's
credibility?
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