[lbo-talk] counter-tendencies

Patrick Bond pbond at mail.ngo.za
Wed Nov 28 05:57:58 PST 2007


Doug did you forget massive devalorization of overaccumulated capital (paid for by the weakest, e.g. subprime mortgage or Third World debt victims for instance), and volatility? If you agree these are unfortunate, why leave them out of your curse on capital? Why now, of all moments?

Doug Henwood wrote:
> The reason to want to transcend capitalism is because it produces
> polarization, alienation, banality, and environmental ruin,



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