LTV, Working class (fwd)

Louis N Proyect lnp3 at columbia.edu
Mon Oct 31 07:45:12 MST 1994


On Sat, 29 Oct 1994, Justin Schwartz wrote:

> Even if markets are bad that is no argument aginst them if planning is
> worse.

Louis Proyect:

Is this another way of saying that capitalism might be bad, but socialism
has turned out worse? One of the problems I have with all the references
to "markets" is that it leaves out the larger socio-economic context.
Margaret Thatcher is for markets, but so is Gorbachev. Thatcher is for
capitalism, however, and Gorbachev was for socialism.

Justin, the last sustained assault on the labor theory of value on this
list was part of an overall rejection of revolution and socialism. It
seemed like warmed-over Edward Bernstein to me, but that's just my opinion,

Anyhow, you don't ever seem at a loss for words, so I'm looking forward
a Justin Schwartz manifesto.


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