Hari Kumar:
>
> Has not the "objective" case been made in "political economy" long, long
> ago?
> What then is missing..?
>

Hari

I am using "political economy" in the sense Marx used it in his Inaugural
Address to the First International: "social production controlled by social
foresight, which forms the political economy of the working class."

Maybe some will argue we can't have social production controlled by social
foresight without controlling the state. That is not what Marx suggested in
the Inaugural Address. He hailed passage of the Ten Hours' Bill as a
victory over the political economy of the bourgeoisie by the political
economy of the working class and went on to describe the establishment of
workers' cooperatives as an even more portentous victory.

Cheers,

Tom Walker (Sandwichman)


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