What leftists? As far as I can tell leftists are mostly completely oblivious to the way the economy works; except perhaps in some vague, abstract and probably erroneous sense (that explains nothing to us lesser souls)--throwing the word "crisis" around willy-nilly doesn't change this fact. Ironically, in spite of the doctrine's emphasis on the economy, I can only think of one prominent Marxist who seems to have a clue about the topic: David Harvey.
By the way, my university course lecturers were almost all Marxists or "fellow travelers"...so my opinion isn't just an ignorant outsider stereotype. I literally learned nothing of value about politics or the economy (the politics of the university bureaucracy taught me a great deal, however).
-Peter
> I do wonder, though, what all those leftists who
> have been predicting crisis every day for the past four decades make
> of this.
>
> Doug
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