Michael Nuwer wrote:

> Nevertheless, Krugman seems to imply that a return to higher taxes and
> higher wages would be compatible with a return to economic prosperity.
> He is generally unwilling to explore the argument that prosperity in
> 1950s and 1960s owes itself to the hegemonic power of the United States,
> and so made higher taxes and higher wages possible. I'm not sure that
> that possibility exists today, which leaves Krugman's argument a bit
> hollow.

Can working people impose conditions on the capitalists if they
organize and fight the good fight?  Sure.  Why not?

Yes, there are adverse conditions, of course -- forces that undermine
working and living conditions -- a history of defeats, technological
change, "globalization," etc.  But there also exist conditions that
make it possible.

The people in Greece, Spain, Portugal, etc. have shown that it is
possible for working people to use phones, Skype, and what-have-you
and coordinate their battles internationally.  If we're talking
*possibility*, I think Krugman is exactly right.  To turn a
possibility into a reality is, of course, something that requires a
struggle that is just beginning.
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