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This is an excellent piece, as usual from Michael Roberts.

We've reblogged it on Redline.

Also, check out his talk on the current economic situation and Marxist
theory:
http://rdln.wordpress.com/2014/08/18/marxism-2014-michael-roberts-on-world-economy-plus-discussion-session/

it's helpful, too, because it includes audience discussion.

I also like it that Mike is non-sectarian.  For nstance, within a few weeks
he spoke at the CPGB's Communist University and the Brit SWP's annual
educational gathering.

Phil
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