[lbo-talk] recessions: better for right than left

Carrol Cox cbcox at ilstu.edu
Mon May 17 19:33:19 PDT 2010


I agree of course.

I would like to add. This misunderstanding is closely tied up with overestimation of the achievements of the left in the 30s and gross undeerestimation of the achievement ofs of The Left in the '60s.

Doug Henwood wrote:
>
> http://lbo-news.com/2010/05/17/recessions-better-for-right-than-left/
>
> For a long time, I’ve been critical of the left-wing penchant for
> economic crisis. Many radicals have fantasized that a serious recession
> —or depression—would lead to mass radicalization, as scales
> simultaneously fell from millions of pairs of eyes and the imperative
> of transcending capitalism became self-evidently obvious. I’ve long
> thought that was nonsense, and now there’s empirical support for my
> position....
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