Brenner reply to doug henwood

Patrick Bond pbond at wn.apc.org
Thu Nov 19 22:47:57 PST 1998


On "which" marxist crisis theory works best...


> ..."an attitude problem among the
> >workers." One of the main exponents of the idea that this is what's
> >responsible for the slowdown since 1973 is Andrew Glyn; if you want to get
> >a better handle on this stuff you could do a lot worse than pick up his
> >book Capitalism Since 1945.
> >Josh

I don't have the books along with me right now but as I recall, Josh, the first version of that book by Glyn et al from the mid 1980s was purely based on profit-squeeze theory but by the early 1990s when the version you cite emerged it actually had quite a fair bit about overaccumulation. I vaguely remember commenting on that to Glyn and he grudgingly confirmed that the continuation of deep-rooted crisis conditions during the 1980s period of labour's decline reflected the limits to the profit-squeeze...



More information about the lbo-talk mailing list