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

Marv Gandall marvgand at gmail.com
Fri Nov 16 06:08:29 PST 2012


Is it ok to say "the fix is in" about spending cuts to US social programs? :)

On 2012-11-16, at 8:45 AM, c b wrote:


> 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.



More information about the lbo-talk mailing list