On 2010-09-01, at 7:16 PM, Patrick Bond wrote:
> Doug Henwood wrote:
>> ...like Jim O'Connor, you think that capitalism has been in crisis for 700 years (as he once told me).
>>
>
> No, I already said that the earlier 1929-45 crisis was solved. Through creative destruction.
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Forgive my ignorance, but wouldn't the turnover on the SP 500 and other stock indices provide a measure of the degree of "creative destruction" in the US economy over the past three or four decades in comparison with earlier periods?