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[QUOTE]Originally posted by DT: [QB] Well First, socialism is rooted in conflict theory, as such, the economic principles behind it are very important. Economics determine wealth, wealth determines power, and since those are what are so in need of conflict, the economics become front and center. Yes, economics have changed much since the writings of the Communist Manifesto. Yet, they've only become more stratified. The workers are becoming more exploited (even in America) and those who control the means of production are becoming even wealthier. The boom and bust thing, as well, is true. Not that it is important in Marxism, as economic low points are typically measured by the bourgious. But yeah, depressions still do occur. Look at the "Asian Miracle." Typically, economic "prosperity" lasts for only about 20 years at a time. Well, when was the last recession? The early 90s, if I remember. I know we all want to block out the Reagan-Bush Years, but yeah, we did have a recession lately. Now, if we all want to think that because we now have a "great" economy in this country that it will last that way forever, that's fine. But they were the Roaring Twenties for a reason. Simon: You're still here? [/QB][/QUOTE]
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