Doug on Mattick Jr.

Doug Henwood dhenwood at
Mon Dec 28 18:38:29 PST 1998

Rakesh Bhandari wrote:

>Doug raises the question of why do crises break out where and when they
>do, but ignores the subpoint that based on a value theoretical model of
>the capitalist system, Mattick Sr was able to predict the end of Keynesian
>stabilization in the late 50s.

So did Hayek and Friedman, didn't they?


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