[lbo-talk] Change [was: Kees van der Pijl]

[Grant Lee]

> Capital was just one
> actor in that development, and often did not get what it wanted, as the
> European welfare state and US New deal illustrate.
>
> Wojtek

It can be argued, I think convincingly, that the Welfare State and the New
Deal saved capitalism in the 1930s. Although these obviously adversely
affected some individual capitalists and some sections of capital.