Thanks for the compliment, Carrol, but I think this thread is actually quite relevant to what I'm talking about, which is that credit -- not some mechanical analogy of "self-adjustment," compensation or rebound -- underlies the counter-action to the displacement of workers by machines or the conservation of fuel through improved efficiency.
I haven't read Graeber's book, I suppose the "5000 years" in the subtitle is a bit intimidating for me. I have a hard enough time keeping a mere 300 - 400 years in my head all at once! That's why I like Carl Wennerlind's "Casualties of Credit: On a similar topic, I highly recommend a new book called "Casualties of Credit: The English Financial Revolution, 1620-1720." A nice tidy century. On Sun, Apr 8, 2012 at 5:35 PM, Carrol Cox <[email protected]> wrote: > And this thread is drowning out Tom Walker's important commentary on what > the left needs. > > Carrol > > _______________________________________________ > pen-l mailing list > [email protected] > https://lists.csuchico.edu/mailman/listinfo/pen-l > -- Cheers, Tom Walker (Sandwichman)
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