The only problem with the "law" is with the "all else constant" clause: there may be countervailing tendencies. In fact, there have been: during the period in US history when soft social democracy (the warfare-welfare state) reigned and unions still had some clout, those institutions were able to block the operations of Marx's "law" (especially since the US was "on top of the world"). With the end of soft social democracy and unions (outside the government sector and the crafts), the capitalist genie is out of the bottle.
^^^^^ CB: Although even in the periods of significant countervailing tendencies there was mass unemployment and "pauperism". It was disproportionately concentrated in ghettos and barrios. 1960's urban rebellions were protests against the continuing operation of the absolute general law of capitalist accumulation _______________________________________________ pen-l mailing list [email protected] https://lists.csuchico.edu/mailman/listinfo/pen-l
