[OPE-L:2797] Re: Accumulation and Consumption

From: John Ernst (ernst@pipeline.com)
Date: Mon Apr 10 2000 - 03:37:26 EDT

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On Sun, 9 Apr 2000, John Ernst wrote:

> On the macro level, the idea is to create an economy in
> which only Dept. I exists.

Allin wrote:

But isn't this incoherent, other than as a sort of "bubble"
which must burst sooner or later?

My reaction: Why, "incoherent" ? Granted the idea is
absurd but it does follow from the concept of production for
profit or M-C-M'. Any consumption by any individual slows
the accumulation process. How and why the bubble must burst
is not immediately obvious.

Allin added:

(Cf. Kalecki's comment on what to do if a railway between A and
B is suffering a lack of custom: use it to build another one
between the two places.)

My comment: Why not initially build between A and B so that a
larger and faster one can be built between A and B and so on?
In capitalism, productive consumption is the rule, not the


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