After a "decent interval" following its publication in New Politics No. 
47, I have posted my article

"Global Leveraged Buyout or 'the Longest Boom in Capitalist History'?
A Reply to Robert Fitch"

critiquing Fitch's inability to distinguish between a phase of decadence 
in which capital expands while social reproduction contracts, from the 
actual expanded reproduction of society that characterized booms in 
capitalism's ascendant phase.

See the Break Their Haughty Power web site

http://home.earthlink.net/~lrgoldner

Fitch's article to which I reply is linked in mine.

Comments/critique appreciated.
-- 
Michael Perelman
Economics Department
California State University
Chico, CA
95929

530 898 5321
fax 530 898 5901
http://michaelperelman.wordpress.com
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