On 7/14/2011 1:38 PM, Lakshmi Rhone wrote: > Of course structural change should be understood under the > category of countertendencies to falling profitability as > theorized JS Mill, Marx and Grossma). Spence is calling for the > revamping of structures and institutions for renewed profitability > the previously weak signals of its objective drop having been > missed by those who focused on reported profits and sales. But the > weak signals were always there for those who could get themselves > to look. A good Marxist has a weak signal mentality. >
Speaking of this, have PEN-L'ers seen the EPI paper by Josh Bivens and Isaac Shapiro that claims that job recovery is better now than in past recessions, of all things? I won't comment on this article except to say that the word foreclosure cannot be found within it: http://www.epi.org/page/-/IssueBrief306.pdf The only other thing I will say is that Bivens once wrote that this recession is the worst crisis since the 1930s. I guess consistency is the hobgoblin of petty minds. _______________________________________________ pen-l mailing list [email protected] https://lists.csuchico.edu/mailman/listinfo/pen-l
