Doug Henwood wrote:
> And capitalism came back from 1929 stronger than ever, didn't it? Or
> have the last 80 years just been a perpetual displacement?
No, and here's the other reason your fear of classical Marxism means you cannot make a sufficiently strong argument for socialism: you ignore the devalorisation of capital that occurred not in 1929 (the Wall St fluff vanishing). To restart capitalism, the Great Depression and WWII were needed then to clear away economic deadwood (plus to restructure politically: McCarthyism in the US, the CIA against the European working class, and imperialism everywhere). Will we again need to devalorise the overaccumulated real capital that built up beyond consumer buying power, in order to get the world economy back to a 1945 starting point? With nuclear weapons around and about, this is not a nice thought. Limits to Capital by David Harvey makes much of the link between devalorisation and war though, and is worth another read (or just watch it unfold at www.davidharvey.org).
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