* Carl sent:
The Vicious Downward Cycle of the American Economy: Resurrecting Karl Marx By PAUL CRAIG ROBERTS Libertarians and free trade economists don't realize it, but they are pulling Marx out of his grave. ^^^ CB: Once the spectre gets back, he'll probably tell Roberts the free trade capitalists can't help themselves . They have to act like capitalists and produce system destroying contradictions. -clip- The destruction of the stabilizing middle class is occurring simultaneously with an extraordinary increase in income inequalities. ^^^^ CB: Surprise, surprise, surprise. Capitalism produces income inequalities. Is the "stabilizing middle class" our old "labor aristocracy" ? ^^^^^^
