[Marxism] Zoom update

Walter Daum foxcave at verizon.net
Fri May 5 07:33:04 MDT 2017

Hi Ralph et al,

I missed Sunday’s meeting; I don’t think I got the Zoom invitation.

On May 9 I would like to participate. The Ghosh article looks very 
interesting – will that be part of the discussion?


On 5/5/2017 3:02 AM, Ralph Johansen wrote:
> In Sunday's meeting we discussed chapters 6 and 7 of Lebowitz's The 
> Socialist Imperative. For the next session on May 9 we will cover 
> chapters 8 and 9.
> Globalization and the End of the Labor Aristocracy by Jayati Ghosh 
> http://www.dollarsandsense.org/archives/2017/0317ghosh.html
> This is worth reading, whether or not one agrees that what he depicts 
> here spells the end of, rather than a wrenching shift in, the go-along 
> position of labor and the end of the social contract which has bought 
> class quiescence especially but not exclusively in the advanced 
> countries.
> For instance, and this has to do with our discussion Sunday, in the 
> face of climate change, energy and resource depletion and falling 
> profit rate that goes with a profit-driven, market-dominated, 
> increasingly capital-intensive, expansionary, highly competitive 
> capitalist world economy, with the prospect of multiplying goods and 
> services and two cars in every middle-class household's driveway in 
> China and India and Brazil and Mexico and who knows where else, how 
> long can capital continue to produce for and generate an ever-larger 
> world market through global rentier mark-up oligopsonies, 12,000-mile 
> supply chains and cheap labor, and all the shifts entailed? As opposed 
> maybe to the dominance again of domestic production for domestic 
> markets? Things seem to be moving ever faster in less predictable ways.
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