Doug Henwood wrote:
Boom or gloom, which is it? Marxists.com vs. Ed Hyman:

http://bit.ly/1ubhWQ

I should add that I don't necessarily agree with marxist.com. Fundamentally, I believe that the American economy will look a lot like the post-Thatcher period in Britain, with ever-increasing financialization and erosion of manufacturing jobs. It will be like a low-level flu but not "Grapes of Wrath".
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