>>> Marvin Gandall
But Marx and Engels? You think "the whole point" of his theory also was that the crises would be displaced, rather than resulting in increasing immiseration in the developed economies and socialist revolution?
^^^^^^^ CB: "It" did result in a revolution in Russia in 1917 ( Russia was the weakest link in the imperialist chain , but it was an imperialist country). One of the leaders of the 1917 revolution, a sedulous follower of the teachings of Marx and Engels, wisely counseled that revolution does not occur automatically as a result of economic crises, but only with also a party of professional revolutionaries who raise the consciousness of the mass of wage-laborers to socialist level. Revolution results only by the conscious actions of people, sufficient subjective conditions, not by objective conditions including increasing immiseration alone.