[lbo-talk] 30s Depression

Doug Henwood dhenwood at panix.com
Mon Nov 12 19:20:46 PST 2007


On Nov 12, 2007, at 10:06 PM, dredmond at efn.org wrote:


> That's why I think it's unlikely the self-evident demise of the US
> Empire
> will trigger anything similar. This time around, the global
> semi-peripheries -- places like Russia and China -- have constructed
> mighty developmental states, immune to the toxic background
> radiation of
> neoliberalism.

You can't accuse Nazi Germany of neoliberalism. It was, however, something of a developmental state. Keynes admired it for a while, at least while he was writing the preface to the German edition of The General Theory.

Doug



More information about the lbo-talk mailing list