I must ask for your patience at what may seem to economic experts an impossibly naive question. Perhaps it is also an impossibly awkward answer to give in a snippet of an email, but whatever hints you may have, I am interested in.
I acknowledge that I have also have not been able to watch all the posts (nor those on Louis's list) over the last two years. Perhaps you all addressed this in detail - and pointing to the relevant post(s) will be fine. Alternatively if there are key analyses/books that you could recommend, I would be very grateful. Simply put I am asking the following. I believe that Marx and Lenin had sertainly considered the role of credits etc, and this seems not anything different except in scale and in speed. Is that correct or is that rather stupid? Do the modern systems demand fundamental revisions of M or L in terms of their economic main fundamentals (as opposed to their political anlayses). If so which ones warrant this updating, and what are these updates? Thanks for considering, Hari Kumar
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