[Marxism] Capitalism in America: the Coming Crisis - CounterPunch.org

Louis Proyect lnp3 at panix.com
Thu Jan 30 06:38:37 MST 2020

Economists drunk on capitalism love to talk about the wonders of 
“creative destruction”. Apart from the obvious—that it is 
self-contradictory on its face—the concept, even as defined by its 
apostles, collapses under the weight of historical evidence, critical 
analysis, and moral philosophy. It is so preposterous as to be comical, 
but as the basis for a set of myths that has turned a theoretical 
construct into a secular religion it’s no laughing matter.


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