The background to the article reprinted here is the “long boom” of western capitalism during the 1950s and 1960s. It first appeared in International Socialism journal in Spring 1967. On the surface it appeared that the capitalist system had stabilised itself, had broken out of the boom-slump cycle and was now able to offer the workers of Western Europe and North America a steady increase in living standards.
This was a frustrating world for Marxists, who found themselves subject to two temptations. One was to surrender to the claims poured out by the system’s apologists that capitalism had solved its problems and that the path of gradual reform offered a sure road to socialism. The other was to deny the obvious signs of stability and prosperity and assert that capitalism was on the verge of imminent, catastrophic collapse. If these temptations were to be avoided, and Marx’s analysis of capitalism’s contradictions was to hold, then the long boom must be explained.
Tag: Luxury goods
PH: Lariosa



Aaron-Matthew Lariosa – Muck Rack
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New Trier High School (Chicago suburbs): What it’s like to be a minority at an 83.3% white school
Sophomore Aaron Matthew Lariosa, an Asian American, believes that while ignorance is why people are racist, the topic of race itself is sensitive.
“People are ignorant in a way,” stated Lariosa. “The topic [of race] is really touchy.”
In 2016, Newsweek magazine ranked New Trier as the top open-enrollment high school in Illinois and the 17th best high school in the country.
New Trier High School is an affluent high school. I wonder who his parents are?
New Trier High School is known for its arts program, which the U.S. Department of Education has recognized as one of the top 25 in the country.


The American Foreign Service Association, established in 1924, is both professional association and exclusive representative for the U.S. Foreign Service. AFSA’s close to 16,800 members include active-duty and retired members of the Foreign Service at the Department of State, the U.S. Agency for International Development (USAID), Foreign Commercial Service, Foreign Agricultural Service, Animal and Plant Health Inspection Service and U.S. Agency for Global Media.
CAMPUS RECRUITING AND THE C.I.A.
Victor Marchetti & John Marks – CIA & The Cult of Intelligence
Inside Gaza’s first Cat Cafe — a refuge for some, but unattainable for many
Inside Gaza’s first Cat Cafe — a refuge for some, but unattainable for many
One week after opening of Meow Cat Café, the café announced on its Facebook page that the cats would be no longer offered for cuddling and playing with. The cats, the café wrote, were not eating, and had lost their passion for playing due to the exhaustion from humans.
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A Luxury Jewelry Company Owner Worth $7.5 Billion Says That His Fear Of The Poor Rising Up “Keeps Him Awake At Night”

The multi-billionaire owner of luxury jewellery company Cartier has revealed his greatest fear – robots replacing workers and the poor rising up to bring down the rich.
Cartier boss with $7.5bn fortune says prospect of the poor rising up ‘keeps him awake at night’
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