[Marxism] [Pen-l] Another 1937?
shmage at pipeline.com
Fri Aug 12 18:12:58 MDT 2011
> On Aug 12, 2011, at 1:10 PM, Louis Proyect wrote:
>> NY Times August 12, 2011
>> Aftershock to Economy Has a Precedent That Holds Lessons
>> By JAMES B. STEWART
> "Historians can’t know if the 1938 recovery, strong as it was,
> would have been enough to finally end the Great Depression. World
> War II intervened."
> World War II was very much inevitable in 1938 and had to be a factor
> in any rational investment strategy. That's why there was a
> "strong" post-1938 recovery in the first place.
> Shane Mage
> "scientific discovery is basically recognition of obvious realities
> that self-interest or ideology have kept everybody from paying
> attention to"
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