'Democratic Money' & the Tragedy of Anti-Marxism

Max Sawicky sawicky at epinet.org
Mon Nov 15 09:33:14 PST 1999


No, the other way around. It's populists, such as Goodwyn & Greider, who invest money with symbolic power to change everything. We're saying that, in the absence of change in the relations of production, there is a severe limit to, and a negative feedback (economic and political) from, the loose-money strategy. I'd think you know about this (especially a negative economic feedback) better than I do. You're the one who is paid to analyze the Federal Budget, etc.! Yoshie
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what negative economic feedback follows from 'loose money'?

mbs



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