[lbo-talk] NYT: "Too Much Capital"

Max B. Sawicky sawicky at bellatlantic.net
Sat Mar 26 10:03:47 PST 2005


Yes, but some capital is non-hierarchical and some hierarchy does not spring from capital.

Anarchism is good on hierarchy but bad on the coordination an economy needs. Socialism is the opposite. How to reconcile this seems to me the fundamental q in utopian speculation.

-----Original Message----- From: lbo-talk-bounces at lbo-talk.org [mailto:lbo-talk-bounces at lbo-talk.org]On Behalf Of Doug Henwood Sent: Saturday, March 26, 2005 12:24 PM To: lbo-talk at lbo-talk.org Subject: RE: [lbo-talk] NYT: "Too Much Capital"

Max B. Sawicky wrote:


>Or maybe it's not about capital, but about hierarchy.

Two different names for the same thing, no? Capital is a relation, not a thing.

Doug ___________________________________ http://mailman.lbo-talk.org/mailman/listinfo/lbo-talk



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