Wednesday, October 7, 2009

I don't have a complete link to the piece, but everyone should buy the new *n + 1* and read their "Intellectual Situation". It is really quite good.

Marxism has a dubious reputation—and an explanatory power and long-term perspective that its rivals can't touch. It is only from a Marxian standpoint that the recent credit bubble can be understood interms of the structural problems it affected to solve as well as those it has created.

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