Carroll: > No. These might (and might not) constitute the raw materials > from which a threat might arise, but they do not as such constitute > a threat of any kind to the political, social, and economic power > of capital. What "may be coming" doesn't butter many parsnips.
Apparently, either I miscommunicated or you misunderstood what I meant Carroll. Whatever "raw materials" means, I never claimed any such thing. I only talked about signs, or, signals, if you like, of the possibility of coming of a serious systemic threat. I claimed also that it was possible that we had entered already an era of such systemic threats that were in the works. Am I too precise or just a mathematician or what? Raghu: > I am curious about the opinion of PEN-L members: could a major > financial crisis be a good thing (by serving as a catalyst for > change) even though it would result in enormous short-term > suffering worldwide? Following Gene's lead, my answer is "Yes"! "Good" or "bad", such things happen whether we personally like them or not! If it is gonna happen, it is gonna happen! If not, then won't! Sabri
