Re: [OPE] Prabhat Patnaik, "Excessive Liquidity Preference"

From: Patrick Bond <>
Date: Tue Apr 21 2009 - 16:57:29 EDT

> Now would be a good time, I think, for Marxians to deepen and popularize
> their critiques of Keynesianism.

Agreed. Would that exercise not start, contrary to the impressive
Patnaik article, by stressing long-term overaccumulation (not liquidy
trap psychology) as the cause of crisis, and hence devalorisation of
overaccumulated capital as the necessary precondition to a recovery? I
don't know, just asking.


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Received on Tue Apr 21 16:59:57 2009

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