[lbo-talk] What is the Crisis About? Fictitious Capital or the Destruction of Wealth?

Charles Brown cdb1003 at prodigy.net
Fri Mar 13 09:18:38 PDT 2009


SA asked?:


>Financial wealth is always an "illusion" under capitalism - when
>there's a crash and when there isn't a crash. So how can it explain
>this crash?

^^^^^^ CB: Think of it like a bubble bursting. There's hot air in there through the whole expansion, but it only becomes exposed at a breaking point.



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