[lbo-talk] “It provokes screams from the left”

[Carrol Cox]

On 7/27/2011 3:30 PM, Doug Henwood wrote:
>
> On Jul 27, 2011, at 3:11 PM, Eric Beck wrote:
>
>> I think you have to accept that or
>> accept that he really does want to cut MC and SS.
>
> He does. It's the elite consensus, and he represents nothing if not elite consensus.

I had missed this when I wrote my post making the same point.

I do think the reasons for the consensus (the conditions that trigger 
it) are not clear -- unless it is simply Marx's point that the will of 
the capitalist is to reduce wages as much as is possible, and the 
question is not that drive but what are the limits on that power. Marx 
seems to think the only limit is us! If we (workers) don't limit that 
power, there is no end to the degradation we will experience.

Carrol