[lbo-talk] An age of transition

[James Heartfield]

Charles cites http://www.monthlyreview.org/080401li.php , which goes on...
"If world oil production and the production of other fossil fuels reach 
their peak and start to decline in the coming years, then the global 
capitalist economy will face an unprecedented crisis that it will find 
difficult to overcome."

The radical dream of a deus ex machina to achieve what they fear they can 
not, the destruction of capitalism, lives on.

Marx was sceptical of the argument that discovered the limit to capital 
accumulation in *nature* when it ought to look for such barriers in the 
system of capitalist production.

 "economists like Ricardo, who take the capitalist mode of production as an 
absolute, feel here that this mode of production creates a barrier for 
itself and seek the source of this barrier not in production but rather in 
nature". (Capital, vol. III, p. 350).