[lbo-talk] Fitch and Brenner

Marvin Gandall marvgandall at videotron.ca
Tue Feb 17 05:21:02 PST 2009


Mike Beggs wrote:


> On Tue, Feb 17, 2009 at 3:33 PM, SA <s11131978 at gmail.com> wrote:
>
>>
>> Sorry for length, but I have to get this off my chest. To me, Fitch's
>> piece, along with the Robert Brenner interview that Patrick Bond pointed
>> to
>> a couple weeks ago (below), demonstrate the deep weaknesses of what we
>> might
>> call the emerging Marxist analysis of the crisis. I like Fitch and
>> Brenner -
>> when I see their bylines I always read the article. But their analyses of
>> the crisis just don't make sense.
>>
>> Both of them start with the same obligatory premise: Those bourgeois
>> myopes
>> who think the crisis somehow originated in finance have once again failed
>> to
>> see the Deeper Mechanisms at work. Really, it's all about the rate of
>> profit. It must be.
>
>
> Great post! I completely agree. It has to be said though that not _all_
> the
> emerging Marxist analysis of the crisis takes this form...

[...] =========================== Thanks to you both. Am on my way out the door, and haven't been able to give this material anything other than a quick skim, but I hope Doug and others will join in. It's an important discussion which I hope to catch up on later.



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