Dear Pen-lers,
thanks to about 20 persons who have already responded to the call
for solidarity posted yesterday. I expect the number to grow during the weeked
n as more people read their email and other start posting the call to acquainta
nces and other appropriate lists. Several
On Thu, 24 Feb 1994 [EMAIL PROTECTED] wrote:
I am curious, Doug, as to how the low interest policies of the late 1980s and
90s protected the coupon clippers. Many of the real "widows and orphans" of
rentier fame (alleged!) really have been harmed by the lowering of rates ...
Had it not
Actually parentage has more than a little to do with the transmission of
social power. I confess to being coy about the "irrelevance" issue. Sorry.
In the future, I'll be more heavy-handed.
Doug
Doug Henwood [[EMAIL PROTECTED]]
Left Business Observer
212-874-4020 (voice)
212-874-3137 (fax)
On
Forwarded message:
From @VM.ITS.RPI.EDU:[EMAIL PROTECTED] Thu Feb 24 11:26 PST 1994
Date: 24 Feb 1994 14:26:57 -0500 (EST)
From: "Salem Ajluni, Economics" [EMAIL PROTECTED]
Subject: Undoing It
To: [EMAIL PROTECTED]
The introduction to:
"Thinking Globally and Acting Locally at the Dawn of the
A question for PEN-L subscribers:
In my Public Finance class we have been discussing capitalism and the state
from neoclassical, public choice, institutionalist, and marxist perspectives.
One of the issues considered involves the different explanations of the origins of the
state.
My
Paul Phillips' remarks on participatory planning (as passed along by
Jim Devine) betray a lack of familiarity with the sort
of participatory methods commonly employed in low-income countries
today. Perhaps there are other "participatory" methods out there
with which I am unfamiliar, but the
Michael Perelman's recent postings on Nike in the world economy have
been as fascinating as they are revolting. One question that is bound
to pop into the mind of anyone trained in economics in this country is
how sales prices are holding up in what seems to be a rather competitive
A student of mine is interviewing for a job at a nonprofit group in
Philadelphia called the Fund for Public Policy Research, which she thinks
is an offshoot of PIRG. Does anyone know anything about the group and its
activities? Please let me know. Thanks.
***
Teresa Amott
[EMAIL
Steve,
Thanks for the quotes from Marx. Though I read them before (years
ago), it's good to have them in a computer file. I can't believe
that Marx said that the minimum level of the interest rate is
"altogether indeterminable." At least in the long run, the
real interest rate shouldn't be
Hello,
My name is David Brennan and I'm currently working on some of the hot
interest rate and value theory issues. I am responding to the conversations
in general and not to any one person. I feel that by separating the class
and non-class aspects og finance and debt will greatly clear up some
On Fri, 25 Feb 94 00:28:41 CST Brent McClintock said:
My question revolves around Marxist explanations of the origins of the
capitalist state. Christos Pitelis in his book, _Market and Non-Market
Hierachies_, p. 121, argues that in Marxist theory "there is no mechanism
through which states can
Tom W. asks:
In other words, what prevents one of these firms from gaining
huge market share by cutting prices in half (at a higher volume they
could still afford to pay Michael Jordan!). It seems to me that the
answer to this question is a very important part of the story. Tom W
Ask
This replies to the recent inquiry by Brent McClintock concerning the
"non"-origins of the state in Marxist theory. Jim Devine has already
presented a similar response, so there is some redundancy here.
I cannot recall precisely the work of Pitelis, but the idea that the
initial development of
In Message Fri, 25 Feb 94 00:28:41 CST,
[EMAIL PROTECTED] writes:
My question revolves around Marxist explanations of the origins of the
capitalist state. Christos Pitelis in his book, _Market and Non-Market
Hierachies_, p. 121, argues that in Marxist theory "there is no mechanism
through
New Balance is your answer. I used to always buy them at half the cost
of Nikes. Great shoes, great price.
But then, I've never been accused of being hip to the proper attire.
**
*Nathan Newman: [EMAIL PROTECTED] *
This is in response to Allin Cottrell and Chris Barrett's
response to my original posting on the Yugoslav planning
experience.
Cottrell (I admit I have not read their book) does not seem
to be describing what I mean by "participatory planning", which
was a political process involving people
Farbeit for me to defend Sraffian models of the edon (yuk) economy,
since they are very utopian. But at least they don't assume full
employment (and a total absense of quantity constraints) they the
way Walrasian models do.
But give me a vision of the economy as a dynamic disq disequilibrium
Maybe I didn't make it clear but the very simple story I gave
at least had the basis for explaining "the growth and stability
of the state." (BTW, it's a mistake to give Es Elster credit
for these generally accepted criticisms of functionalism. I learned
them years ago as an undergraduate, based
"Marx is not the Marxist author to look to for discussions of
the origins of the state, but Engels, _Origins of the Family, Private
Property, and the State_, even though modern anthropology does not
fully agree with his view. In any case the state long predates
feudalism or industrial
Dear Pen-lers,
thanks to about 20 persons who have already responded to the call
for solidarity posted yesterday. I expect the number to grow during the weeked
n as more people read their email and other start posting the call to acquainta
nces and other appropriate lists. Several
On Thu, 24 Feb 1994 [EMAIL PROTECTED] wrote:
I am curious, Doug, as to how the low interest policies of the late 1980s and
90s protected the coupon clippers. Many of the real "widows and orphans" of
rentier fame (alleged!) really have been harmed by the lowering of rates ...
Had it not
Actually parentage has more than a little to do with the transmission of
social power. I confess to being coy about the "irrelevance" issue. Sorry.
In the future, I'll be more heavy-handed.
Doug
Doug Henwood [[EMAIL PROTECTED]]
Left Business Observer
212-874-4020 (voice)
212-874-3137 (fax)
On
Forwarded message:
From @VM.ITS.RPI.EDU:[EMAIL PROTECTED] Thu Feb 24 11:26 PST 1994
Date: 24 Feb 1994 14:26:57 -0500 (EST)
From: "Salem Ajluni, Economics" [EMAIL PROTECTED]
Subject: Undoing It
To: [EMAIL PROTECTED]
The introduction to:
"Thinking Globally and Acting Locally at the Dawn of the
A question for PEN-L subscribers:
In my Public Finance class we have been discussing capitalism and the state
from neoclassical, public choice, institutionalist, and marxist perspectives.
One of the issues considered involves the different explanations of the origins of the
state.
My
Paul Phillips' remarks on participatory planning (as passed along by
Jim Devine) betray a lack of familiarity with the sort
of participatory methods commonly employed in low-income countries
today. Perhaps there are other "participatory" methods out there
with which I am unfamiliar, but the
Michael Perelman's recent postings on Nike in the world economy have
been as fascinating as they are revolting. One question that is bound
to pop into the mind of anyone trained in economics in this country is
how sales prices are holding up in what seems to be a rather competitive
A student of mine is interviewing for a job at a nonprofit group in
Philadelphia called the Fund for Public Policy Research, which she thinks
is an offshoot of PIRG. Does anyone know anything about the group and its
activities? Please let me know. Thanks.
***
Teresa Amott
[EMAIL
Steve,
Thanks for the quotes from Marx. Though I read them before (years
ago), it's good to have them in a computer file. I can't believe
that Marx said that the minimum level of the interest rate is
"altogether indeterminable." At least in the long run, the
real interest rate shouldn't be
Hello,
My name is David Brennan and I'm currently working on some of the hot
interest rate and value theory issues. I am responding to the conversations
in general and not to any one person. I feel that by separating the class
and non-class aspects og finance and debt will greatly clear up some
On Fri, 25 Feb 94 00:28:41 CST Brent McClintock said:
My question revolves around Marxist explanations of the origins of the
capitalist state. Christos Pitelis in his book, _Market and Non-Market
Hierachies_, p. 121, argues that in Marxist theory "there is no mechanism
through which states can
Ajit Sinha (hi, Ajit) takes exception to my characterization of the
Sraffian prices of production system as " just a GE system
with a lot of stuff left out (like capital markets, for example)..."
on the following grounds:
... you sure would not deny
that in GE model you have to have
Tom W. asks:
In other words, what prevents one of these firms from gaining
huge market share by cutting prices in half (at a higher volume they
could still afford to pay Michael Jordan!). It seems to me that the
answer to this question is a very important part of the story. Tom W
Ask
This replies to the recent inquiry by Brent McClintock concerning the
"non"-origins of the state in Marxist theory. Jim Devine has already
presented a similar response, so there is some redundancy here.
I cannot recall precisely the work of Pitelis, but the idea that the
initial development of
In Message Fri, 25 Feb 94 00:28:41 CST,
[EMAIL PROTECTED] writes:
My question revolves around Marxist explanations of the origins of the
capitalist state. Christos Pitelis in his book, _Market and Non-Market
Hierachies_, p. 121, argues that in Marxist theory "there is no mechanism
through
In response to Steve Keen, Jim Devine writes:
... an individual may claim a share of societal
surplus-value simply by lending and collecting interest
(M -M') because behind the scenes is the exploitation of
labor.
Hmm. This seems to beg a question, namely that the existence of a
circuit
New Balance is your answer. I used to always buy them at half the cost
of Nikes. Great shoes, great price.
But then, I've never been accused of being hip to the proper attire.
**
*Nathan Newman: [EMAIL PROTECTED] *
This is in response to Allin Cottrell and Chris Barrett's
response to my original posting on the Yugoslav planning
experience.
Cottrell (I admit I have not read their book) does not seem
to be describing what I mean by "participatory planning", which
was a political process involving people
"Marx is not the Marxist author to look to for discussions of
the origins of the state, but Engels, _Origins of the Family, Private
Property, and the State_, even though modern anthropology does not
fully agree with his view. In any case the state long predates
feudalism or industrial
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