[lbo-talk] Re: Crunch time for US capitalism?Henwood & Gandall

Doug Henwood dhenwood at panix.com
Sun Dec 5 14:17:41 PST 2004


<hari.kumar at sympatico.ca> wrote:


>What is with this "Austrians" counter-position to "Marxists" on this strand?
>I vaguely get the sense that it is meant as an insult.
>Is that right? If yes - why is it supposed to be one?

Not an insult, just a criticism. Seems to me a lot of Marxists share the belief of a lot of right-wingers that the state can't defuse an economic crisis - it can only displace one. You disagree?

Doug



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