e time ago. Contrary to what the
voodoo economists will tell you, private banks cannot create something
out of nothing. The idea that banks can create credit "at the stroke of
a pen" is a piece of bullshit instigated by Keynes. Treat it with the
contempt it deserves.
--
Lew
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me kind of technical issue they don't
need to bother with.
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Lew
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plain what their monetary theory is. Perhaps you can
oblige and explain the claim, in your earlier post, why Marxists should
take seriously Keynes' writings on finance?
--
Lew
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y... In a class society, 'the
nation' as a homogeneous socio-political entity does not exist. Rather,
there exist within each nation, classes with antagonistic interests and
'rights'".
(From _The National Question: Selected Writings of Rosa Luxemburg_, ed.
by Horace Davis, 1976)
--
Lew
whose shoulders we gain a wider perspective
recognised it themselves?
But why should we, as socialists or Marxists, adopt such a perspective?
In what way does it contribute to the struggle for socialism?
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Lew
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mains: whence came the capitalists originally?" (Ch XXIX).
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Lew
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arx at times
had some sympathy with. But the attempt to remedy underconsumption leads
inevitably to Keynesianism, the belief that basically the problems of
capitalism can be overcome (albeit temporarily) by an injection of
purchasing power. Marx showed why this was bound to fail and the history
of capitalism
r the CPGB is evident from
the revelations concerning the smuggling in of Moscow gold. That alone
should have alerted Jacques and others to the true purpose of the CPGB.
But of course it didn't. Frankly, I don't know how they sleep at night.
--
Lew
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complemented by the non-hierarchical nature
of the means they used for organising this event - the Internet.
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Lew
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plete shit and the politics
he dabbles in are shit. Avoid shit! Don't vote for shit!
--
Lew
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ourgeoisie but
the resulting *society* would look suspiciously like "market socialism",
even if only transitionally.
--
Lew
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