An open letter from Eugene P. Coyle
A letter to those invited, and to those not invited, to the meeting
in Washington, D. C. on the 19th of November called by the National
Environmental Trust.
If environmentalists join with low-income representatives,
organized labor and
>In said book, Caffentzis ("Why machines cannot create value, or, Marx's
>theory of machines") notes that the significance of the Turing machine is
>that, with a few notable exceptions, any mental activity can in theory be
^^^
>automated.
Fascinating! But sti
>Yes, this is especially the case in East Asia and Central Europe, where
>Fordism on the American model never really took off, and which
>industrialized on the model of small-lot, high-volume global
>market niches. Taiwan's computer industry is basically a tightly organized
>network of "flexible
Michael Perelman wrote:
>Mueller is on the oppposite side of the spectrum from Galbriath. He, like
>Adams, believes that anti-competitive practices are responsible for
>bigness. I suspect that scale efficiencies in production might be a bit
>overstated.
Well there's a big gap between these two
Greetings,
On Sun, 16 Nov 1997, Doug Henwood wrote:
> On the causes of growing inequality... Williamson & Lindert argue in their
> history of American inequality that the driving force between polarization
> and de-polarization has been the skill premium on wages. That's the
> conventional expl
I think Michael is correct that the economies of scale are note
technical economies but marketing and finance. In the automobile
industry for instance, a network of dealerships and parts depots
which service, not only different products (cars, trucks, etc.)
but also different models (mini, compac
I do know a few things about scale economies in the steel industry.
Typical scale 3 million tons for an integrated steel making process.
Capital requiremnet on the average 3-4.5 billion dollars. The capitalist
imperative would be to bring the scale (entry barrier) down. recent
minimills are desi
> capitalists it serves? Anyone got any figures on proposed U.S. military
> spending for the 1997-2002 period, and how much to that goes directly to
> the contractors?
You can get it from the Office of Management and
Budget web site. You want the 'Mid-Session
Review' which has the latest figu
Hsin-Hsing Chen wrote:
>Talking about this. Does anyone know of any good critique on the ISO-9000s
>series of standards? That can be a fun starting point for examining this
>recent wave of management reform. Almost all of the big export firms here
>have passed some ISO-9000s certification, but I
Scale economies may not be the only 'technical' reason for larger firm
size; in industries such as aerospace and software, development
costs may favor large scale. In the past, production costs may have
been much greater than development costs, but that is no longer
necessarily the case.
The ext
On the causes of growing inequality... Williamson & Lindert argue in their
history of American inequality that the driving force between polarization
and de-polarization has been the skill premium on wages. That's the
conventional explanation for what's been happening recently, too. Any
thoughts f
Doug Henwood wrote,
>On the causes of growing inequality... Williamson & Lindert argue in their
>history of American inequality that the driving force between polarization
>and de-polarization has been the skill premium on wages. That's the
>conventional explanation for what's been happening rece
Yes, Galbraith and Mueller are opposites, with an enormous gap between
them.
I was trying to suggests that "right" size depends on different
determinants of scale. Small companies can be efficient in terms of
production, but they might be too small to get government goodies or to
have a sufficie
I thought economies of scale related to the size of a production facility
- not to the size of the company or its market share. 300,000
vehicles\year sounds in the ballpark for an auto assembly plant. An auto
company can have as many plants as the market will bear of the size that
is most effici
> >Charles Mueller likes Adams, who is the probable source:
> >Adams, Walter. 1986. The Structure of American Industry, seventh edition
> >(NY: Macmillan).
> > 133-136: The minimum efficient scale is about 300,000 vehicles per year.
>
> Bingo, Michael. So what do you think of this? It seems right
[This was fwd'd to me. Not sure of the headline it went out under. - jd]
..c The Associated Press
CHICAGO (AP) - McDonald's Corp. next year plans to begin rolling out a new
store format that aims to put the ``fast'' back in fast food and lure more
customers into its U.S. restaurants.
Analysts a
Peter, mayube Holly Sklar's book, CHAOS OR COMMUNITY?. Marc Breslow,
Dollars and Sense.
On Sat, November 15, 1997 at 21:58:14 (-0500) Doug Henwood writes:
>Thad Williamson wrote:
>
>>can you tell us who wrote this so we can get whatever hard data they have?
>
>It was from Charles Mueller <[EMAIL PROTECTED]>, Editor, ANTITRUST LAW
>& ECONOMICS REVIEW, http://webpages.metrolink.net/~cm
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