[lbo-talk] How to fix the U.S. economy

[c b]

I don't think I've ever much used the term "reify, but it seems the
term needed to describe applying "fix" to "the economy." The phrase
empties both verb & object of meaning. An entity that can be "fixed"
has to be something with clear & unambiguous borders: a shirt, a
machine, perhaps a bone in a body, but not "an economy" or "a society"
or "the waters of the earth." "Waters of the earth" is much more
bounded than the economy.

Carrol

^^^^^
CB: Better to say a capitalist economy cannot be "fixed" in the sense
of ending the business cycle and never having depression or crises or
low growth or shrinkage of the GDP.  There will always be crises with
capitalism

Even more . There will always be mass unemployment, pauperism and
misery , including mass imprisonment, with capitalist relations of
production. This cannot be fixed , either.

Of course, Julio knows all this. He's just wearing his social democrat
and professional hat.