[lbo-talk] Query: What does it mean for an Economy to 'work'?

[Carrol Cox]

Obviously, the capitalist economy (seen in abstraction from the 'interests'
of any one capitalist or any specified group of capitalists) has _always_
worked -- even during the Great Depression. For it to fail to work it (the
capitalist economy) would have to disappear, melt away, evaporate, and be
replaced by other social arrangements. There has _never_ been, so far, the
remotest possibility of that happening.

The economy is working fine right now. It may be incredibly miserable for
several billion people, but the economy, as such, is just fine.

Carrol