[lbo-talk] Fwd: The next recession

[Marv Gandall]

For example, Charles, here’s a forceful criticism of Roberts, Kliman ( not a Trotskyist), and other FROP theorists by Michel Huddon published by the magazine of the Trotskyist FI. So the political lines all cross on this issue. Frankly, if someone could explain to me the immediate practical implications of these conflicting crisis theories, I’d be grateful. Otherwise, the debate is mainly scholastic.

http://www.internationalviewpoint.org/spip.php?article1894


> Begin forwarded message:
> 
> From: Marv Gandall <marvgand2 at gmail.com>
> Subject: Re: [lbo-talk] The next recession
> Date: January 29, 2016 at 7:48:41 PM PST
> To: LBO <lbo-talk at lbo-talk.org>
> 
> Is this a Trotskyist-Stalinist thing? First I’ve heard the debate characterized that way. There are differences between Trotskyists over this question and between Marxist economists outside the CP and Trotskyist traditions.
> 
> 
>> On Jan 29, 2016, at 4:22 PM, Charles Brown <cb31450 at gmail.com> wrote:
>> 
>> You know : law of the tendency of the rate of profit to fall causes recessions like Trotskyists say not the restricted consumption of the masses like Stalinists say . So, invest, give the capitalists money , not consumers. 
>> 
>> Sent from my iPhone
>> 
>>> On Jan 29, 2016, at 2:45 PM, "JOANNA A." <123hop at comcast.net> wrote:
>>> 
>>> It's investment, not consumption that drives an economy? Really? 
>>> 
>>> j 
>>> 
>>> ----- Original Message ----- 
>>> Here’s Michael Roberts’ latest, surveying the global economic landscape in light of a stream of data released in recent days and earlier this month by governments, central banks, and international agencies. 
>>> 
>>> https://thenextrecession.wordpress.com/2016/01/29/the-global-gdp-story/#respond 
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