The pulse still quickens in the circles I frequent when the tech stock market bubble bursts or Paul Krugman forecasts a calamitous reversal in housing prices, the way old war horses flare their nostrils and stamp their hooves at the sound of distant trumpets. But the truth is that our corporate masters will never again allow a serious threat to the foundations of the economic house they have built.
Saturday, December 20, 2014
Quote of the Day: That Sound You Hear Is the Snorting of Old Socialists
From Robert Paul Wolff, describing the anticipation of aging socialists like himself that another Great Depression would fulfill the prophecies of Marx: