[lbo-talk] Marx's understanding of finance capital

parthasarathy kalalesrinivasaranga kalalepsarathy at gmail.com
Tue Feb 3 08:49:37 PST 2009


I would add another quotation from Marx to say for Marxists the crisis does not surprise.."The life-process of society, which is based on the process of material production, dos not strip of its mystical veil until it is treated as production by freely associated men, and is consciously regulated by them in accordance with a settled plan" Thus there is no mystery in the developments inside capitalist system They are insincere in Davos when they pretend they are overtaken by unexpected .

All the talk of regulation now we are hearing and a planned approach to economy, even if it is private enterprise is inevitable, if they have to avoid crisis after crisis.

-- paartha



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