Stiglitz/ Comment from Rudy Fichtenbaum:

2001-12-04 Thread Charles Brown

Stiglitz/ Comment from Rudy Fichtenbaum:
by Stephen E Philion
29 November 2001 22:20 UTC  

When I was in China, the  Marxist economist (and  translator of the
nefarious  Henwood's book Wall Street I might add) Han Deqiang used quote
after quote from Stiglitz in speeches he gave to university audiences to
debunk the adoration of the WTO in Chinese academia. There was another
person he used very effectively, Bill Clinton! He would end his lectures
with a quote from Clinton in a speech to  congress advising quick passage
of the China's entry to WTO based on the one sided character of
sacrafices called for in the deal, i.e.  only China would have to make
significant decreases in tarrifs, etc.
Han, btw, is really the closest thing China has to a Noam Chomsky. He goes
around to campuses and delivers lectures that simply use the words of
mainstream economists against the mythologies of neo-liberalism...



CB: From Ricardo something was gotten for the fight. Marx quotes Benjamin Franklin 
favoably in _Capital_. From the bourgeois economist Hobson and others like, Lenin 
culled the kernel of his concept of imperialism. From whathisname came creative 
destruction. From Eisenhower, who must have known military Keynesianism, the left got 
the concept of the military-industrial complex.

If Stiglitz wants to show out , lets not leave him hanging.




RE: Stiglitz/ Comment from Rudy Fichtenbaum:

2001-12-04 Thread Devine, James

CB: From Ricardo something was gotten for the fight. Marx quotes Benjamin
Franklin favoably in _Capital_. From the bourgeois economist Hobson and
others like, Lenin culled the kernel of his concept of imperialism. From
whathisname came creative destruction. From Eisenhower, who must have
known military Keynesianism, the left got the concept of the
military-industrial complex.

right. The Akerlof/Stiglitz business about asymmetric information might be
seen as trivial by some, but it is a part of real-world markets and
shouldn't be ignored. Instead, such sophisticated neoclassical notions
should be integrated within the totality of an alternative perspective.

Jim Devine [EMAIL PROTECTED]  http://bellarmine.lmu.edu/~JDevine Segui il
tuo corso, e lascia dir le genti. (Go your own way and let people talk.) --
K. Marx, paraphrasing Dante A.