Reply-to: [EMAIL PROTECTED]
From: Michael Perelman [EMAIL PROTECTED]
Subject: [PEN-L:11284] Re: China's Overcapacity
This is one of the main thesis of Greider, William. 1997. One World,
Ready or Not: The Manic Logic of Global Capitalism (NY: Simon
Schuster).
By the
At 12:34 PM 7/14/97 -0700, Jim Craven wrote:
Some time ago Dave Colander and Bob Coats put out a book of readings
entitled "The Dissemination of Economic Ideas". They suggested that
some of the concepts of "mainstream" and not-so-mainstream economics
be systematically applied to the economic
By the way, I find some good stuff in Greider's book, but he seems to be
so long winded and disorganized [this book to a lesser extent] that I
find it hard to maintain my attention. Do others have a similar opinion
of his work?
--
Michael Perelman
Economics Department
California
Yesterday's wsj also linked China's overcapacity to
stability in the US ppi and to the Tigers' recent
devaluations. With the first link (p. A2) comes the
interesting suggestion that relative prices are turning
in favor of services, which should disproportionately
benefit US firms.
So are
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I thought Greider's book to be quite well-written but highly repetitive. The
real question is whether his argument about global overcapacity is
correct--his example of auto industry having the capacity to make 70 million
vehicles but only sell 47 million of them is the most solid thing he has on
James Craven wrote,
At least attack what I wrote not some invention and caricature (complete
with non-sequiturs I would never make) of what I wrote.
If I mischaractorized your arguments, I apologize. But having re-read
your original posting it seems that it does admit to a certain
Of course, there is a broader issue of the role of the academia in
reproducing the class and power structure in a society; and it is a well
known facts that economists and political scientists are, for the most part,
the "organic intellectuals" of the ruling establishment, not just in the US
The "League of Revolutionaries for a New America" produced an interesting
document. I can only comment on a few bits.
Today, this system of imperialism is giving way to globalization - a new
stage of capitalism characterized by electronics-based production; the
desperate attempt to maintain
Bill Mitchell writes,
however, econometric modelling is one important aspect of knowledge
accumulation . . .
I'd appreciate more on this.
Given that you say that your metrics aims to "represent" data
processes and to not discover the truth and that you rightfully
indicate that testing
[Given some of the discussion on this list recently re: imperialism vs.
globalization; and the comments on Grieder, on whom the following relies
somewhat, folks on this list might be interested or have comments on the
following... -- jd]
ECONOMIC GLOBALIZATION: CAPITALISM IN THE AGE OF
Jim Devine writes,
Seriously, we have to _assume_ that there is some sort of truth out there
(to coin a phrase) or else we get into all sorts of paradoxes. . .
[W]hats the point of doing social-scientific research if there's no truth to be
found, if there's no reality independent of our
James Craven wrote,
At least attack what I wrote not some invention and caricature (complete
with non-sequiturs I would never make) of what I wrote.
If I mischaractorized your arguments, I apologize. But having re-read
your original posting it seems that it does admit to a certain amount
of
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