M-TH: the death of marxism

[boddhisatva]

		Mr. Henwood,



	You wrote: "And what's on your "mind"?"



	Yes. well the quotation marks are quite the product of editorial
brilliance but since you ask: besides suffering, enlightenment,
nothingness and compassion, the idea that the common ground between the
planners and marketeers is the substitution of a new credit structure to
replace the capitalist one (planning, execution of same) .  One wonders
whether the changes from Marx's capitalism to the modern corporate
capitalism are dialectical in nature and if so (as seems clear) what does
that mean for the nuts and bolts of the new, socialist market economy. 


	I've tried to engage you on this topic before, if only because one
believes that you understand the essential, transforming role that credit
plays in an economy, and do not write it off simply as more bourgeois
folderol.  You have at your ready disposal pertinent figures, and one
believes that you might relate your factual understanding of the bourgeois
credit system to any proposed socialist one.  


	I am currently wrestling with the question of whether private
credit co-ops are too threatening to market socialism, and whether or how
they might be out-competed, or done away with legally without leaving the
economy in the lurch.




	peace






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