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

hari.kumar at sympatico.ca hari.kumar at sympatico.ca
Mon Dec 6 05:08:33 PST 2004



> >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

My question is perhaps too simple. Recall I do not know economic history in the detail I would wish to. Why "Austrian"? H



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