>
> >I have been reading Alec Nove's "Economics of Feasible Socialism
Revisited"
> >and came across his argument that the Left is misguided when it puts too
> >much emphasis on the wealth of the super-rich, on the grounds that
> >redistributing the wealth or income of the super-rich will not g
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Sid Shniad wrote:
> The New York Times
>
> Coalition Against Sweatshops at Odds on Monitoring Factory Codes
>
> By Steven Greenhouse
>
> Eight months past its self-imposed deadline to set up a code of c
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Sid Shniad wrote:
> >Date: Mon, 06 Jul 1998 12:36:16 -0700
> >From: murray dobbin <[EMAIL PROTECTED]>
> >Reply-To: [EMAIL PROTECTED]
> >To: [EMAIL PROTECTED]
> >Subject: pls post widely
> >
> >Request to all an
By my estimates, which will be published soon:
Real GDP/labor year [40hours a week x 52 weeks] in 1995 was $54,985 for
workers 16 and over. Real GDP/person with work experience was $48,093,
and per capita was $32,955. Of course, these figures do not include
accumulated wealth, which is what other
Kevin Batt tells me that he has a new release of the software that
supposedly fixes our problems. I hope so.
One exception. If you receive the digest and use microsoft mail, then
send a message to listproc
set pen-l digest-nomime
That should fix a known bug.
--
Michael Perelman
Economics Dep
I appreciate the correction. It reinforces my point -- if income was
divided up more or less equally a more than 80% would be better off in
immmediate material terms (not mention the benefits of reduced
insecurity, lower crime rates )
Two questons
1). To get a feel for how more or less equal in
Robert Naiman wrote:
>I have been reading Alec Nove's "Economics of Feasible Socialism Revisited"
>and came across his argument that the Left is misguided when it puts too
>much emphasis on the wealth of the super-rich, on the grounds that
>redistributing the wealth or income of the super-rich wi
Actually I think that even in terms of income that this is plain
wrong. I recently saw the figure cited on the LBO list that if the
U.S.GDP were distributed equally per hour worked (after substacting
capital investment) then pre-tax earnings would be $22 an hour.
This means a single earner famil
I've been re-reading Polanyi's "The Great Transformation" and came
across a passage referring to the crash of 1929- and later. He is talking
about the defense of the British Pound and the Gold Standard:
"This preoccupation which spanned the Arlantic
brought America unexpe
At 11:22 AM 7/6/98 -0500, you wrote:
>I have been reading Alec Nove's "Economics of Feasible Socialism Revisited"
>and came across his argument that the Left is misguided when it puts too
>much emphasis on the wealth of the super-rich, on the grounds that
>redistributing the wealth or income of
I have been reading Alec Nove's "Economics of Feasible Socialism Revisited"
and came across his argument that the Left is misguided when it puts too
much emphasis on the wealth of the super-rich, on the grounds that
redistributing the wealth or income of the super-rich will not go very far.
I
Perhaps a glitch in PEN-L has made me come into the middle of this. So I'm
not sure who is who below. But I wanted to comment on the old false
argument that is pointed out by Nove -- "that the Left is misguided when it
puts too >>much emphasis on the wealth of the super-rich, on the grounds
that
On Mon, July 6, 1998 at 11:22:02 (-0500) Robert Naiman writes:
>I have been reading Alec Nove's "Economics of Feasible Socialism Revisited"
>and came across his argument that the Left is misguided when it puts too
>much emphasis on the wealth of the super-rich, on the grounds that
>redistributi
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-- =_NextPart_000_01BDA8EB.0FCC25B0
charset="iso-8859-1"
BLS DAILY REPORT, THURSDAY, JULY 2, 1998
RELEASED TODAY: Nonfarm payroll employment rose
I think that Pareto began the redistribution argument. In part, he was
correct. Suppose that you divided all money equally and sent everybody to the
stock exchange to gamble. Many of the rich would know how to win back much of
their money.
Many people lack much more than money: education, know
The article I saw on the SACP conference, from the Electronic Mail &
Guardian, didn't quote these particular remarks (although what I saw
certainly has the same tone). Where did you read about the conference? Do
you need the Mail's piece to be forwarded?
Andy Pollack
On Mon, 06 Jul 1998 09:41:09
Days after a petulant Thabo Mbeki (Mandela's anointed
successor as President of S Africa) complained to his
ex-SACP comrades of the unreasonableness of making
socialist demands at a time 'when our financial markets, like
others in other parts of the world, a
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