Wojtek Sokolowski (PEN-l 4537 wrote on Martch 25th


> 
> If I recall correctly, Baran & Sweezy (_Monopoly Capital_) counter that
> argument by saying that all measures to revive the US economy through
> peaceful demand stimulation (cf. auto industry + infrastructure) had
failed
> - it was the 2nd world war that reversed that trend.

Wojtek:   In my opinion iIt was simply a question of the magnitudes of
spending.  There is no comparison between the amounts spent to revive the
economy and the amounts spent on WW II.  Spending  the same amout of
dollars on housing, hospitals, roads, dams, planting trees etc etc would
have had the same effect.

Frank



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