Apologies, Rob, for misspelling your name. I know how to spell it. And I
should have written more about the weaknesses evident in the US economy.
But off it went.
Gene
Eugene Coyle wrote:
> The Minsky zone piece reminded me that I've been thinking that Rob
> Scaap's moment has arrived. US co
In a message dated 9/21/00 4:58:37 PM Eastern Daylight Time,
[EMAIL PROTECTED] writes:
<< His main point seems to be a relatively common-sense explanation of the
"solution" to the "transformation problem" that Fred Moseley advocates. See
the latter's article in the current _Review of Radical
> > forwarded by Michael Hoover
> >
> > > Hey, Hollywood: What's Wrong With This Picture?
> > > Run Date: 09/18/00
> > >
> > > By Jeannine Yeomans
> > > WEnews correspondent
>
> > > New research by Martha Lauzen, Ph.D., a professor at San Diego State
> > > University, reveals that among the 207 to
The Minsky zone piece reminded me that I've been thinking that Rob
Scaap's moment has arrived. US consumers have been living on the edge
and now face much higher costs for commuting, home heating, electric
power --- all busting the budgets.
Meanwhile car and truck sales have been sustained o
While coming home from work, I heard the tail-end of a story on US National
Public Radio, about a "Maoist" insurgency in Nepal, of all places.
Interestingly, the reporter's chosen expert blamed the increase in economic
inequality during the last 10 years of a regime of "multi-party democracy."
full article at http://www.iht.com/IHT/TODAY/FRI/FIN/banks.2.html
Paris, Friday, September 22, 2000
As U.S. Economy Surges, Banks Make Riskier Loans
By Kathleen Day Washington Post Service
WASHINGTON - Troubled loans to U.S. businesses have more than doubled in two
years, to $100 billion, des
At 07:19 PM 9/21/00 -0400, you wrote:
>Max Sawicky wrote:
>
>>Alert. Alert. Value theory thread incoming.
>>Take cover.
>
>Value theory? What's that?
>
>Doug
economists know the price everything and the value of nothing...
Jim Devine [EMAIL PROTECTED] & http://bellarmine.lmu.edu/~jdevine
forwarded by Michael Hoover
> Hey, Hollywood: What's Wrong With This Picture?
> Run Date: 09/18/00
>
> By Jeannine Yeomans
> WEnews correspondent
>
> In the roles they play, the shows
> and movies they direct and edit and the jobs they fill, women are both
> misrepresented and underrepresented.
forwarded by Michael Hoover
> >From the Militant, Oct. 2 (newspaper of the Socialist Workers Party)
>
> Florida miners strike to defend union {pre-publication version}
>
> BY RACHELE FRUIT
>
> PALATKA, Florida--Workers at a surface mineral mine
> here are waging a determined fight to defend th
Max Sawicky wrote:
>Alert. Alert. Value theory thread incoming.
>Take cover.
Value theory? What's that?
Doug
I haven't gotten to that...
At 05:19 PM 9/21/00 -0400, you wrote:
>What about his discussion of the falling r? Does he also take a
>single/simulataneist system approach or he mentions temporality?
>--
>
>On Thu, 21 Sep 2000 13:54:43 Jim Devine wrote:
> >At 04:37 PM 9/21/00 -0400, you wrote:
>
What about his discussion of the falling r? Does he also take a single/simulataneist
system approach or he mentions temporality?
--
On Thu, 21 Sep 2000 13:54:43 Jim Devine wrote:
>At 04:37 PM 9/21/00 -0400, you wrote:
>>Jim,
>>I don't have the book yet and will not be able to get it probably
At 04:37 PM 9/21/00 -0400, you wrote:
>Jim,
>I don't have the book yet and will not be able to get it probably for a
>while, so could you please comment or reproduce Andrews' discussion (main
>points or how his proposed solution differ or reproduces other previous
>solutions) of the transformat
[received over the web...]
Newspaper Readers:
To help us understand whom we're dealing with . . . .
The Wall Street Journal is read by the people who run the country.
The New York Times is read by people who think they run the country.
The Washington Post is read by people who think they ough
At 04:37 PM 9/21/00 -0400, you wrote:
>Jim,
>I don't have the book yet and will not be able to get it probably for a
>while, so could you please comment or reproduce Andrews' discussion (main
>points or how his proposed solution differ or reproduces other previous
>solutions) of the transformat
>>> [EMAIL PROTECTED] 09/21/00 04:13PM >>>
I wrote:
>Carbon is the common substance or factor in diamonds, pure coal, and Bucky
>balls. It is manifested in them. But we can't say that diamonds, pure
>coal, and Bucky balls are equal to Carbon. We can't use "Carbon" as
>short-hand for them. Rat
Jim,
I don't have the book yet and will not be able to get it probably for a while, so
could you please comment or reproduce Andrews' discussion (main points or how his
proposed solution differ or reproduces other previous solutions) of the transformation
problem.
Thanks,
Fabian
--
On Thu
I wrote:
>Carbon is the common substance or factor in diamonds, pure coal, and Bucky
>balls. It is manifested in them. But we can't say that diamonds, pure
>coal, and Bucky balls are equal to Carbon. We can't use "Carbon" as
>short-hand for them. Rather, they are different forms of Carbon.
sai
"This section solves the puzzle about value and prices of production called
the transformation problem ... It is not crucial to the larger story of
capitalism." -- Charles Andrews, _From Capitalism to Equality_, p. 97.
Jim Devine [EMAIL PROTECTED] & http://bellarmine.lmu.edu/~jdevine
Although there is supposedly a frantic search for the causes of wealth
inequality there is little mention of private ownership of the means of
production and production for profit as a cause. One commentator does
mention unfettered capitalism. A few more fetters and everything will be
fine. There
Mat Forstater wrote,
>I don't see either one as short-hand for the other. Exchange-value is the
>expression of value.
Correct. However, Marx _used_ exchange-value as an abbreviation, _said_ he
had used it as an abbreviation but then pointed out that, strictly
speaking, it was wrong to do so. I s
>>> [EMAIL PROTECTED] 09/21/00 12:22PM >>>
Charles Brown wrote,
>Though most of the book "value" is used. But "value" can be used to refer
>to "use-value" too. Value in the sense of "wealth" is in the form of
>commodities, and commodities are bundles of exchange-value and use-value.
Remember
Charles Brown wrote,
>Though most of the book "value" is used. But "value" can be used to refer
>to "use-value" too. Value in the sense of "wealth" is in the form of
>commodities, and commodities are bundles of exchange-value and use-value.
Remember, though, "A commodity appears at first sight
"...the common substance that manifests itself in the exchange-value of
commodities, whenever they are exchanged, is their value. The
progress of our
investigation will show that exchange-value is the only form in
which the value
of commodities can manifest itself or be expressed. For th
"...the common substance that manifests itself in the exchange-value of
commodities, whenever they are exchanged, is their value. The progress of our
investigation will show that exchange-value is the only form in which the value
of commodities can manifest itself or be expressed. For the presen
>>> [EMAIL PROTECTED] 09/21/00 10:54AM >>>
Originally, Charles Brown (CB) wrote:
> >CB: Do you happen to recall where Marx makes the distinction between
> >"exchange value" and "value" ? I thought "value" was shorthand for
> >"exchange value" in _Capital_.
Jim Devine suggested a passage on
Below are the paragraphs I referred to, clipped from the online text,
which is the 1887 English edition. Note the fourth sentence, which begins
"In other words", the Vintage translation puts it a bit differently and, I
think, brings out the distinction -- and emphasizes its importance -- more
clea
>>> [EMAIL PROTECTED] 09/20/00 05:38PM >>>
Originally, Charles Brown (CB) wrote:
> >CB: Do you happen to recall where Marx makes the distinction between
> >"exchange value" and "value" ? I thought "value" was shorthand for
> >"exchange value" in _Capital_.
I wrote:
>For example, in the first
> BLS DAILY REPORT, WEDNESDAY, SEPTEMBER 20, 2000:
>
> Today's News Release: EXTENDED MASS LAYOFFS IN THE SECOND QUARTER OF 2000
> indicates that in the second quarter of 2000 there were 1,187 mass layoff
> actions by employers that resulted in the separation of 227,114 workers
> from their jobs
>Jim Devine suggested a passage on page 128 (vintage) 38 (progress). The
>explicit distinction is on page 152/66. Marx is clear in stating that
>value and its magnitude DO NOT originate in exchange value, they are
>"expressed" in exchange value.
Tom, could you give the full quote?
Jim Devine [E
Originally, Charles Brown (CB) wrote:
> >CB: Do you happen to recall where Marx makes the distinction between
> >"exchange value" and "value" ? I thought "value" was shorthand for
> >"exchange value" in _Capital_.
Jim Devine suggested a passage on page 128 (vintage) 38 (progress). The
explic
Ken Hanly wrote:
>I thought that the Summers' memo was supposed to have been written by
>someone else and generous Lawrence bravely accepted the fallout from it. In
>a discussion on Pen-L a while ago someone advanced this viewpoint. Now we
>have a different story from the horse's mouth or is it m
I wrote:
>>There is an immaculate conception between this topic and the "Market as
>>God" thread.
Jo wrote:
>Yeah? And who emerges from the spotless sheets? You positing a saviour
>of some sort, Sandwichman?
Don't you mean:
And what rough beast, its hour come round at last,
Slouche
>Can anyone refer me to material that details what actions Malaysia took in the
>1997 financial crisis, and analyses the results?
>
>Bill Rosenberg
There's a little bit on it in:
http://www.kc.frb.org/PUBLICAT/SYMPOS/2000/krugman.pdf
--
J. Bradford DeLong
Professor of Economics, U.C. Berkeley
6
Village Voice Book Supplement
BUYING UNHAPPINESS
REVIEW BY RICK PERLSTEIN
Do Americans Shop Too Much?
By Juliet B. Schor et al.
Beacon, 102 pp., $12 paper
The Consumer Society Reader
Edited by Juliet B. Schor and Douglas B. Holt
New Press, 502 pp., $22.95
We all know the catechism. America is
Can anyone refer me to material that details what actions Malaysia took in the
1997 financial crisis, and analyses the results?
Bill Rosenberg
Yeah? And who emerges from the spotless sheets? You positing a saviour of
some sort, Sandwichman?
Jo
At 13:18 21-09-00 , you wrote:
>There is an immaculate conception between this topic and the "Market as
>God" thread.
>
>
>Tom Walker
>Sandwichman and Deconsultant
>215-2273
>
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