X-Message-Number: 33304
Subject: Re: progress
From: David Stodolsky <>
Date: Wed, 2 Feb 2011 12:32:52 +0100
References: <>

On 2 Feb 2011, at 11:00 AM, CryoNet wrote:


> Mark Plus had the sense for about 20 years now that economic and technological
progress in the U.S. has broken down somehow. 
> 

> I wonder whether that is really true for everyone. Maybe it is the middle 
classes where progress has slowed. The cost of better working conditions and the
availability of things for poor people has to be met somehow and the price is 
slower progress for the middle and upper classes. 


This is nonsense. Current economic problems and those which have been building 
up for the last thirty years result from a lack of consumption. That is, people 
don't have enough money to buy stuff and keep the economy going.


This interview, with the man the wrote a book on neoliberalism, lays it out. 
Unfortunately, toward the end he goes off into the 'limits to growth' nonsense 
that has infected the Left in recent years:

http://www.progressive.org/radioharvey11.html

http://en.wikipedia.org/wiki/David_Harvey_(geographer)


dss

David Stodolsky
  Skype: davidstodolsky

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