A bit like passionate sunspots on wall street as an explanation of the
present crisis if not rooted in a focus upon the real economy [although
I sometimes wonder what is real and what is ideal for Ted].
On 29/04/2009 11:39 AM, Ted Winslow wrote:
Michael's contribution to this debate ignores Marx's idea, derived
from Hegel, of the "passions", an idea that, in the form of his idea
of the capitalist "passions", underpin his representation of
capitalism as M-C-M'.
Marx's particular idea of the capitalist "passions" is the basis,
among other things, of his idea of "monetary crises" as a regression
from a more "civilized" to a more "barbaric" expression of them. This
form of crisis is additional, and not reducible, to crises caused by a
lack of effective demand or a long-term fall in the rate of profit.
The present crisis is a "monetary crisis" in this sense, i.e. its
explanation is found in the particular nature of the "passions"
dominant in capitalism.
Also, Michael's contribution ignores the concrete content of Marx's
idea of "human potential" as the potential for "enlightenment" in the
German sense, a sense derived from the Greeks and associated
particularly with Kant, Goethe and Hegel. This concrete content is
spelled out in Marx's elaboration of the idea of "true human being",
"true individuality", fully "free individuality", "universally
developed individuals", etc.
True, I didn't go into this in a short radio exchange but focus upon
this is hardly missing in my writing. See, e.g., the 'Dossier' assembled
at Links or articles in MR.
michael
--
Michael A. Lebowitz
Professor Emeritus
Economics Department
Simon Fraser University
Burnaby, B.C., Canada V5A 1S6
Director, Programme in 'Transformative Practice and Human Development'
Centro Internacional Miranda, P.H.
Residencias Anauco Suites, Parque Central, final Av. Bolivar
Caracas, Venezuela
fax: 0212 5768274/0212 5777231
www.centrointernacionalmiranda.gob.ve
[email protected]
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