On 2013-09-27, at 2:30 PM, Eric Beck wrote:
> On Friday, September 27, 2013, Carrol Cox wrote:
>
>> 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.
>>
>
> Sure, if you are thinking the capitalist economy means the continuation of
> the private accumulation of profit, then it's working...
I think Carrol deserves thanks for explaining to we naifs that the world capitalist economy, despite its crises, continues to endure and is working fine for the capitalists but is miserable for several billion others.