NP - Toryism (Austerity) Isn't Working.

[Paul Mackin]

One of the Marx Brothers pointed out to us many years ago that the 
struggle for shrinking markets would eventually  lead to Capitalism's 
downfall and he was no doubt correct.  The trick of monetary and fiscal 
policy makers is to keep that inevitable eventuality as far behind as 
possible. And make no mistake. It will be a struggle.

P-listers, I say let's put it to a vote.  Do we wants to continue the 
struggle against the inevitable--forever maybe--or we really want to see 
what it would be like if Capitalism did actually fail?  I have an 
opinion on this but to maintain my neutrality in this plebiscite I will 
keep it to myself.

Let the polling begin.

Or maybe we should just forget I even brought it up.

P



On 4/28/2012 9:28 AM, bandwraith at aol.com wrote:
> If recession means zero growth we should
> stay in one forever. But these aviating swine
> are all about the freedom to get rich, which
> implies unlimited resources, or, a few
> winners and many, many losers. The first
> scenario is physically impossible, the second
> necessitates a police state- which, though
> possible, always devolves, eventually, into
> ritualistic cruelty and fetishistic longings for
> the aesthetics of power and control. Collapse
> occurs either from environmental degradation
> or unendurable meaninglessness, or both.
>
> We never learn, perhaps because the
> roots of the above are in our very genes, or
> the inanimate dross of which they are
> amalgamated, but there is a counter-
> tendency, without which evolution would
> have been impossible.
>
>
>
> -----Original Message-----
> From: Joseph Tracy<brook7 at sover.net>
> To: P-list List<pynchon-l at waste.org>
> Sent: Sat, Apr 28, 2012 2:10 am
> Subject: Re: NP - Toryism (Austerity) Isn't Working.
>
>
> If McCain had been elected and followed the exact same economic
> policies as
> Obama, the outrage would be similar to the widespread Democrat critique
> of W.
> Both parties are funded by the same large corporate interests. Obama's
> handing
> of the financial meltdown amounted to the  cowardly cover-up of a
> massive fraud
> via the transfer of public money and power , with no strings attached
> to the
> criminals who had perpetrated the fraud that crashed the economy. It
> involved
> massive violations of mortgage and securities laws. To say that the
> banks "paid
> back" these "loans" is profoundly dishonest,  and to say they saved the
> main
> street economy is a lie. Krugman's defense of the New Deal reforms is
> admirable
> but inapplicable to the current Democratic party. His refusal to
> economically
> account for the devastations of a depleted, acidified, algal blooming,
> oil
> spilled ocean or the falling aquifers, or the devastations of global
> warming, or
> the health effects of the consumer lifestyle,  reduces him  to a party
> hack
> arguing for the lesser of evils. Essentially he is still addicted to
> flawed
> Keynesian ideas that refuse to consider the biosphere as part of
> economic
> reality.
>
>
>
>
>