[lbo-talk] crises kill

Charles Brown charlesb at cncl.ci.detroit.mi.us
Tue Feb 26 12:35:47 PST 2008


Yeah. It'd be interesting to do an analysis of the political economy of depression. Why are so many people depressed? It seems endemic among young people now - but I don't remember anything like it when I

was young. Is it the alienation of capitalist work and the emptiness of affluence, or is that just banal and obvious?

Doug

^^^^^ CB: Maybe the house economists of the bourgeosie have figured out how to prevent economic depression and keep recessions mild, but somehow they displaced the depression from the political economic level onto the personal level. The economy has been more consistently robust for 25 years or so, but more people are leading lives of quiet desperation ( http://en.wikipedia.org/wiki/C._Wright_Mills ) as a result. A "robust" economy means more steady and consistent growth in profits. This can only be had by more efficient exploitation. More thorough exploitation makes for more mass unhappiness.



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