[lbo-talk] Krugman: Simple motives behind austerity

Michael Pollak mpollak at panix.com
Fri Nov 19 12:38:26 PST 2010


On Fri, 19 Nov 2010, SA wrote:


> Also, you might be interested to know that historians have determined
> that most companies in the NCF were also members of NAM. The real
> rivalry wasn't between different firms, but between the different
> ideological activists (Ralph Easley vs. Dave Parry) who ran the
> competing associations. Firms joined one or the other (or both) based on
> their shifting hunches about which approach was more efficacious.

Indeed I am. So does this mean the whole idea that you can interpret progressive business vs. reactionary business during this archetypal period as an opposition between big capital and small capital doesn't factually hold water?

Michael



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