I really appreciate Mark's most recent post. I think he continues to raise
important issues and provocative questions. One of the aspects of E Asian
development that I find most interesting is that it encourages us to see
that capitalisms can be distinguished, and at many (geo-political) levels.
Thanks to the many respondents who have addressed issues of East Asian
development. I'd like to reflect on comments by Carl Dassbach, Martin
Hart-Landsberg and Joseph Medley, particularly as they relate to the
possibilities of exploring regional approaches to contemporary development
that may be
To Ellen Dannin:
I could be wrong, but I have never seen anybody
discussing these matters suggest that the Talmudic
view was that profit is usury. Interest is not
profit and the Talmudists and even the authors of
the Torah were smart enough to know the difference.
Do the Talmudists in d
Our list is not for those with an interest in health and medicine, but\
it is for leftist economists.
--
Michael Perelman
Economics Department
California State University
Chico, CA 95929
Tel. 916-898-5321
E-Mail [EMAIL PROTECTED]
Yeah, those are other reasons why interest might be outlawed.*
But it doesn't contradict what I said. Consumer loans go to
pay for consumption (obviously), which doesn't lead to the
production of a surplus-product which helps pay the interest
charges.
Though obviously, there are complications suc
On Tue, 11 Apr 1995 [EMAIL PROTECTED] wrote:
> With respect to the views of traditional
> religions toward interest, let me note that:
> 1) Judaism only forbade it within the community;
> it was OK to collect from gentiles.
* * *
> 5) All of the above accepted profit based on risk-
> sha
With respect to the views of traditional
religions toward interest, let me note that:
1) Judaism only forbade it within the community;
it was OK to collect from gentiles.
2) the Roman Catholic Church absolutely forbade
interest as "usury" in the 400's but relaxed its
opposition partially
Somewhere in one of his obscure and usually unread books, the ancient
Bearded One with carbuncles wrote about the Roman Catholic Church's
opposition to the payment of interest. That might be relevant to
the issue of pre-capitalist opposition to indebtedness.
If a society is producing close-to-zer
Dear Sir/Madam,
I am a faculty member of the University of Chicago with research
interests in the political economy of health and medicine.
Will you include me in your email discussion group on East Asian
economy?
Thanks
Meei-shia Chen
[EMAIL PROTECTED]
And then there is always the 10 billion year "star formation"
cycle that shouldn't be forgotten.
Regarding the "Jubilee" idea--yes, of course in many "pre modern"
societies deabt and wealth inequalities were viewed as negative things that
threatened the stability of society. In t
Oh, also, on the debt forgiveness/default issue, I've just returned
from a two day Friends of the Earth seminar on the IMF, which
included a long discussion of how NGOs could engage in high-level
debates over managing the debt crisis in this mutual fund era.
There were some interesting papers (b
Trond, your recent post that the debt cycle `caused' stagnation from
the late 1970s appeared to me as a cart before the horse. The
argument I've been more closely drawn to is that the emerging problem
of overaccumulated capital in the advanced industrial countries found
a temporary means of displa
12 matches
Mail list logo
