[lbo-talk] Marx on profits

[Seth Ackerman]

abu hartal wrote:

>What has been done to restore profitability 
>
Profitability hasn't been falling.

>And in pursuit of control of extant and projected investment outlets, the US has declared a right to intervene on the grounds not of pre-emption but prevention and in violation of the UN. The US has also created spaces where habeas corpus is suspended and torture allowed.  Other nation-states have and will follow. Things are very visibly getting worse.  
>
>The nation-state focus is misplaced as the effects of downturns are most sharply experienced abroad. There is a discernible pattern--labor has lost leverage and protection. Worker passivity is a reflection of that, not a sign of contentment. 
>
>The neoliberal offensive which disarmed policy making in most of third world did not have rosy effects as you suggest. 
>
>  
>
If your point is that politics have been really depressing lately, you 
and I are in total agreement. But I don't see what this has to do with 
the FROP?

Seth