Re: [OPE] David Harvey on stimulus failure

From: Dave Zachariah <>
Date: Thu Feb 12 2009 - 17:08:24 EST

> It would also wipe out the lifetime savings of millions of
> working-class families.
> Especially hard hit would be older workers nearing or past retirement
> age. Many
> of the later group would be forced back into the labor force to work
> for capital
> or the state until they die.

Paul did initially propose to "limit the liabilities of the banks to
their customers to $x per customer" where "$x would be a comparatively
modest sum of the order probably of $10,000".

I think the idea is appealing in several ways and at least worthwhile to
consider within the Left.

//Dave Z
ope mailing list
Received on Thu Feb 12 17:11:16 2009

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