[lbo-talk] Back to Recession > Counterpunch: Tells the Facts, Names the Names

c b cb31450 at gmail.com
Sun Apr 28 09:27:28 PDT 2013


From: Doug Henwood

Carrol Cox wrote:


> An economic crisis, no matter how disastrous, is NOT a crisis of
> capitalism. On the contrary, the present crisis or cluster of crises can be
> seen as exhibiting the _health_ of capitalism.

I wouldn't go quite that far, but it's something that capitalism/capitalists can use to their advantage. There's hardly been any political challenge to the status quo worth talking about, almost 6 years into this "crisis."

^^^^^^^ CB: The "One" capitalists ( "One capitalist kills many") thrive on crisis. It is when they make the most killings of other capitalists. As Marx pointed out concerning the historical tendency of capitalist accumulation, this period of capitalism is characterized by monopolization or centralization of wealth especially through the expropriation of many capitalists by a few capitalists. "That which is now to be expropriated is no longer the labourer working for himself ( as in the beginning of capitalism) but the capitalist exploiting many labourers."



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