Re: Capital is wrong

2000-03-09 Thread Hinrich Kuhls
>A commodity is something that is for sale. >Industrial capital is for sale everyday. The recent round of mergers and >takeovers demonstrate that without doubt. > >George is in fact claiming that we do not live in a capitalist society. > >The first sentence of Capital, is one of the most brilliant

Re: Re: Capital is wrong

2000-03-09 Thread Mathew Forstater
My ref to Coase was that that seemed to me to be what you were describing in your original post, that within the firm relations aren't determined by market bargaining but by command. But your response indicates that you seem to have understood what I was getting at? As far as agriculture, you sa

Re: Re: Re: Re: Re: Capital is wrong

2000-03-09 Thread Jim Devine
I wrote: >> maybe he's suggesting that industrial capital as a social relationship isn't a commodity. It involves a non-market (non-commodity) relationship of domination of workers within production. (Of course, that authoritarianism is within the framework of a commodity-producing society t

Re: Re: More "Middle Class" nonsense,was Re: egressivity of FI

2000-03-09 Thread Joel Blau
I agree completely with this. One point I would add is that we cannot predict in advance which sectors/strata/elements/whatever of the working class will be in motion (or mobilizable) at any given time. This is one reason not to arbitrarily exclude from the working class some sector of it (e.g.

Re: Re: Re: Re: Capital is wrong

2000-03-09 Thread Stephen E Philion
On Thu, 9 Mar 2000, Jim Devine wrote: > At 07:37 PM 3/9/00 -0500, you wrote: > >You have missed nothing, Mat. A commodity is something that is for sale. > >Industrial capital is for sale everyday. The recent round of mergers and > >takeovers demonstrate that without doubt. > > > >George is in fa

Re: Re: Re: Re: Capital is wrong

2000-03-09 Thread Mathew Forstater
So, Coase's 1930s article, Jim? And why wouldn't that apply to social relations in capitalist agriculture? My hunch is that there is a confusion about the term "commodity." That he may be thinking that commodities are consumption goods or something. I would define commodity a little more speci

Re: Re: Re: Capital is wrong

2000-03-09 Thread Jim Devine
At 07:37 PM 3/9/00 -0500, you wrote: >You have missed nothing, Mat. A commodity is something that is for sale. >Industrial capital is for sale everyday. The recent round of mergers and >takeovers demonstrate that without doubt. > >George is in fact claiming that we do not live in a capitalist soci

Re: Re: Capital is wrong

2000-03-09 Thread Rod Hay
You have missed nothing, Mat. A commodity is something that is for sale. Industrial capital is for sale everyday. The recent round of mergers and takeovers demonstrate that without doubt. George is in fact claiming that we do not live in a capitalist society. The first sentence of Capital, is on

Re: Capital is wrong

2000-03-09 Thread Mathew Forstater
Capital goods are commodities. Am I missing something? -Original Message- From: George Pennefather <[EMAIL PROTECTED]> To: Capital and Class <[EMAIL PROTECTED]> Date: Thursday, March 09, 2000 12:55 PM Subject: [PEN-L:17024] Capital is wrong > >In the opening paragraph of Capital Marx pr

Capital is wrong

2000-03-09 Thread George Pennefather
In the opening paragraph of Capital Marx proclaims: The wealth of those societies in which the capitalist mode of production prevails, presents itself as "an immense accumulation of commodities," its unit being a single commodity. Our investigation must therefore begin with the analysis of a com

Keynesians and Post Keynesians and growth

2000-03-09 Thread Charles Brown
>>> Max Sawicky <[EMAIL PROTECTED]> 03/07/00 04:56PM >>> The share of GDP is projected to rise. So we've got to figure out how to spend a bunch of money. * CB: Bring back welfare, but not for corporations CB

Fwd: {FP} Re: [change-links] Ganter Named Interim Pacifica Program Director

2000-03-09 Thread Seth Sandronsky
Friends, Below is some info about the ongoing attack on Pacifica radio. The "left" wing of the Democratic Party is continuing what the "right" wing of the Republican Party started. Seth Sandronsky [EMAIL PROTECTED] In a message dated 3/8/00 5:22:47 PM Pacific Standard Time, [EMAIL PROTECTED

telecommunications act of 1996

2000-03-09 Thread michael
How much was the spectrum given away in 1996 worth? -- Michael Perelman Economics Department California State University Chico, CA 95929 Tel. 530-898-5321 E-Mail [EMAIL PROTECTED]

Re: Re: Re: interesting article

2000-03-09 Thread Jim Devine
OOPS!! I thought I was replying only to Charles Brown. (I'd better go get some more coffee.) Sorry about burdening the list with my files. In any event, comments are welcome. I have been known to change my mind once and awhile (on average, once per decade ;-) ), so that you may change the dire

Re: Re: interesting article

2000-03-09 Thread Jim Devine
At 12:57 PM 3/9/00 -0500, you wrote: > >>> Jim Devine <[EMAIL PROTECTED]> 03/09/00 12:02PM >>>I presented > this view at the URPE@ASSA conference in Boston in January: as >part of my preliminary empirical results, I showed a pretty tight >relationship between stagflation (as measured by the sum

Re: interesting article

2000-03-09 Thread Charles Brown
>>> Jim Devine <[EMAIL PROTECTED]> 03/09/00 12:02PM >>>I presented this view at >the URPE@ASSA conference in Boston in January: as part of my preliminary empirical results, I showed a pretty tight relationship between stagflation (as measured by the sum of the inflation rate and the full-capa

Job Opening

2000-03-09 Thread Mathew Forstater
We are looking for a Senior person who can teach graduate micro (M.A. and Ph.D.). Person must be able to do the standard, but alternatives can also be covered, and standard may be done from a critical and historical perspective. Contact me (OFFLIST!) if you are interested or if you know of someo

Re: More "Middle Class" nonsense,was Re: egressivity of FI

2000-03-09 Thread Carrol Cox
Jim Devine wrote: > Further, a theory of class structure (a la Wright) is only about the > objective conditions faced by people (classes in themselves). It's a big > step to go from there to talking about classes that are organized and > conscious (classes for themselves). Of course, taking that

Clinton & China

2000-03-09 Thread Jim Devine
Fwd: SLATE NEWS: Thurs., March 9, 2000 >The Washington Post leads with President Clinton's introduction of a bill >to secure permanent normal trade relations [a.k.a. "most favored nation" >status] with China, a story fronted by the New York Times and Los Angeles >Times ... > >In a speech at Jo

Re: interesting article

2000-03-09 Thread Jim Devine
At 10:06 PM 3/8/00 -0800, you wrote: >March 9, 2000 > > ECONOMIC SCENE [NEW YORK TIMES, 9 March 2000] > > Demise of Long-Held Theory > on Inflation and > Unemployment > > By BRADFORD DE LONG To me, the conflict theory of inflation helps explain this mainstream conun

Re: Re: interesting article

2000-03-09 Thread Brad De Long
>Yes an interesting article pointing to the break-up of an old paradigm. > >The main limitation - and not everything can be carried in one article - is the assumption that we are talking about one country touche...

Re: interesting article

2000-03-09 Thread Brad De Long
>March 9, 2000 > > > ECONOMIC SCENE > > Demise of Long-Held Theory > on Inflation and > Unemployment > > By BRADFORD DE LONG > > Whatever happened to the Phillips curve? thanks... -- Professor J. Bradford DeLong Department of Economics, #3880 University of

Re: More "Middle Class" nonsense, was Re: egressivity of FI

2000-03-09 Thread Jim Devine
>In an analytic context the damage is already done by misidentifying the groups >involved as "middle strata" (a meaningless concept) and by labelling the >alliance >in question as "cross-class." Harry Braverman used the concept of the "middle strata" well, while I like the (old) Erik O. Wright

BLS Daily Report

2000-03-09 Thread Richardson_D
BLS DAILY REPORT, WEDNESDAY, MARCH 8, 2000 __The productivity of U.S. private nonfarm workers grew at a blazing revised rate of 6.4 percent in the fourth quarter of 1999, representing the largest increase in seven years, BLS reported. Gains in fourth-quarter productivity, or output per hour, top

Re: Re: Re: More "Middle Class" nonsense,was Re: egressivity of FI

2000-03-09 Thread Joel Blau
Carrol: There are 2 primary problems with what you wrote: 1. Most social workers and teachers do not have the autonomy you ascribe to them: if you are a child protective worker, you have to remove a child from a home; if you are a school teacher, you may have to deny a student an automatic pro

Re: interesting article

2000-03-09 Thread Chris Burford
Yes an interesting article pointing to the break-up of an old paradigm. The main limitation - and not everything can be carried in one article - is the assumption that we are talking about one country. Perhaps that was valid in the 50's but now IMO countries like the USA and the UK have been grea