Carrol
> -----Original Message-----
> From: lbo-talk-bounces at lbo-talk.org [mailto:lbo-talk-bounces at lbo-talk.org]
> On Behalf Of Carrol Cox
> Sent: Tuesday, July 02, 2013 2:19 PM
> To: lbo-talk at lbo-talk.org
> Subject: Re: [lbo-talk] Marx: "Permanent Crises Do Not Exist"
>
> I think many (probably not a majority) of leftists identify an economic
> crisis with a crisis of capitalism; and when they speak of a crisis of
> capitalism they use the word as it is usually used in medicine: a point
from
> which the patient either recovers or dies. In general the word is thrown
> around too loosely.
>
> If it doesn't carry that medical association, then it really isn't saying
> much. Rough times. So?
>
> Carrol
>
>
> > -----Original Message-----
> > From: lbo-talk-bounces at lbo-talk.org [mailto:lbo-talk-bounces at lbo-
> talk.org]
> > On Behalf Of Angelus Novus
> > Sent: Tuesday, July 02, 2013 12:34 PM
> > To: marxism at lists.econ.utah.edu
> > Cc: lbo-talk at lbo-talk.org; pen-l at lists.csuchico.edu;
> > meltdownIII at yahoogroups.com
> > Subject: [lbo-talk] Marx: "Permanent Crises Do Not Exist"
> >
> >
> >
> > "When Adam Smith explains the fall in the
> > rate of profit from an over-abundance of capital, an
> > accumulation of capital, he is speaking of a permanent effect and this
is
> > wrong. As against
> > this, the transitory over-abundance of capital,
> > over-production and crises are something different.
> > Permanent crises do not exist."
> >
> >
> > Theories of Surplus-Value
> >
> >
> > http://www.marxists.org/archive/marx/works/1863/theories-surplus-
> > value/ch17.htm
> >
> >
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>
>
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