Re: the labor theory of value

2000-09-22 Thread Patrick Bond
> From: Michael Perelman <[EMAIL PROTECTED]> > The labor theory of value does not have to be very mysterious. In a > sense, at least one part of Marx's theory can be read something like > this: in order for a market economy to function "properly," prices must > bear some relationship to

Canadian Hypocrisy and the WTO

2000-09-22 Thread Ken Hanly
Sent: September 21, 2000 10:12 AM Subject: Bill Blaikie Release FOR IMMEDIATE RELEASE SEPTEMBER 21, 2000 ASBESTOS APPEAL UNDERMINES CANADIAN CREDIBILITY ON ACCESS TO CHEAPER GENERIC DRUGS: NDP TRADE CRITIC OTTAWA - "It's time for the Trade Minister to rethink his failed trade policy and address

It's getting weirder and we're not even in October yet

2000-09-22 Thread Lisa & Ian Murray
[Asian leaders are probably foaming at the mouth over this shit] [full article http://www.iht.com/IHT/TODAY/SAT/FPAGE/traders.2.html ] Paris, Saturday, September 23, 2000 Banks Catch Traders on Wrong Foot By Tom Buerkle International Herald Tribune LONDON - Like many of the world's currency sp

Re: Re: neo-Ricardian economics

2000-09-22 Thread Jim Devine
Justin wrote: >Yeah, we post-Sraffans always get this from believers in the LTV: "It's >too deep you someone with your analytical equipment to understand." No doubt. No, that's not it. The neo-Ricardian "analytical equipment" about a different question than Marxian value theory. That equipment

the labor theory of value

2000-09-22 Thread Michael Perelman
The labor theory of value does not have to be very mysterious. In a sense, at least one part of Marx's theory can be read something like this: in order for a market economy to function "properly," prices must bear some relationship to the underlying values. Prices don't equal values, but they mu

Re: Re: Contradictions abound

2000-09-22 Thread Eugene Coyle
Lisa & Ian Murray wrote: snip > > At the same time we should avoid looking for contradictions behind every > bushlest we metacontradict ourselves, > > Ian Did you mean to put a small "b" in bush? Or is he a contradiction of capitalism? Gene

Re: neo-Ricardian economics

2000-09-22 Thread JKSCHW
Yeah, we post-Sraffans always get this from believers in the LTV: "It's too deep you someone with your analytical equipment to understand." No doubt. but H&K have a sympathetic thoughvery critical treatment of what is living and dead in the TLV in their The Political Economy of Marx, 2d ed. The

Re: Contradictions abound

2000-09-22 Thread Lisa & Ian Murray
>>Conveniently failing to notice that this same spread of real-time information adds exponentially to the variables and the dynamic relations between 'em all. I mean, Greenspan has a point if you define 'information' as a 'lessening of uncertainty', but that'd mean you have to call stuff that's (

Re: "Maoism" in Nepal

2000-09-22 Thread David Welch
On Thu, Sep 21, 2000 at 06:42:04PM -0700, Jim Devine wrote: > While coming home from work, I heard the tail-end of a story on US National > Public Radio, about a "Maoist" insurgency in Nepal, of all places. > Interestingly, the reporter's chosen expert blamed the increase in economic > inequali

Space: the Final Frontier

2000-09-22 Thread Jim Devine
from SLATE 9/22/00: >The NY [Times] biz section reports that contrary to a story it ran >yesterday, NASA [the US space agency] has not and will not participate in >a TV show currently being pitched to Fox, CBS and ABC [television >networks] in which contestants would vie for a televised trip to

Tire incinerator criticized (fwd)

2000-09-22 Thread Michael Hoover
forwarded by Michael Hoover > "Some of the recalled Bridgestone/Firestone tires will be burned in an > Illinois incinerator that environmentalists criticize as a major > polluter of low-income neighborhoods. " > Copyright © 2000 Environmental News Network, Inc

NAFTA and pollution control

2000-09-22 Thread Ken Hanly
Environment News Service September 12, 2000 NAFTA Suit: Blame Canada "Something is seriously wrong with the way the NAFTA investment chapter is working" -- World Wildlife Fund official WASHINGTON, DC -- An international tribunal has begun considering a claim that the United States must pay a fo

Debt and suicide in Japan

2000-09-22 Thread Louis Proyect
NY Times, September 22, 2000 In Japan Banker's Suicide, Hints of Debt Burden's Human Toll By STEPHANIE STROM TOKYO Sept. 21 - The suicide of the new president of Nippon Credit Bank, which was saved from insolvency earlier this month by a group of investors led by the Softbank Corporation, has s

Re: Contradictions abound

2000-09-22 Thread Rob Schaap
G'day Michael, You quote Greenspan: >"We are in a dynamic system that requires not just us, but also our >colleagues in the Group of Ten to adjust," he said. >"It must be done substantially right the first time because, with the >financial system changing so rapidly, we do not >have the luxury o

Fwd: Kanbur Stiglitz Petition

2000-09-22 Thread Jim Devine
[forwarded from Ron Baiman] >Dear Folks, > > Please do what you can to get signatures (electronic or hard copy) to this >petition. We're going to bring Jeremy's beautiful hard copies and information >statements to the ASSA in New Orleans. ... > >Also - My apoligies if you've already receive

Re: The commerce of dating

2000-09-22 Thread Lisa & Ian Murray
ah, yes, we're in that "place" Marcuse called "repressive desublimation" where sexual permissiveness has been to work in the service of the established economic order Michael Hoover == What's sexual permissivenss? The recent posts on this thread look like the popularization of Gary Be

Lawrence Summers

2000-09-22 Thread Jim Devine
Doug wrote: >Gratuitous ad hominem note: the way Summers ogles women gives lust a bad name.< didn't Henry Kissinger (who should know) say that power is the best aphrodisiac? and isn't Lawrence Summers one of the most powerful economists (perhaps _the_ most powerful) in the world? isn't he one

Re: Pacifica and the Internet

2000-09-22 Thread Seth Sandronsky
Re: Pacifica and the Internet by Louis Proyect PEN-L, KPFA radio walked the free speech talk in many ways. One example was providing air time for “conservatives” such as Cap Weinberger and members of the John Birch Society. I, too, thought that the POV documentary on the hist

Re: Consumerism

2000-09-22 Thread Jim Devine
At 09:27 AM 9/21/00 -0400, you wrote: >some of the best examples are available in another new book from Schor, >coedited with Douglas Holt, The Consumer Society Reader. The benchmarks >make the book worth buying: Marx on commodity fetishism; Veblen on >"conspicuous consumption"; Galbraith on ho

neo-Ricardian economics

2000-09-22 Thread Jim Devine
[Re: [PEN-L:2154] Re: Re: Re: a profound comment on the "transformation problem"] I wrote: ><< His main point seems to be a relatively common-sense explanation of >the "solution" to the "transformation problem" that Fred Moseley >advocates. See the latter's article in the current _Review of

Contradictions abound

2000-09-22 Thread Michael Perelman
Ian, I think recently, posted the article about the Minsky crisis, because of the declining quality of loans. Here is the other side of the coin. THE AMERICAS: Many US banking rules obsolete, says Greenspan By PETER SPIEGEL, Financial Times, 9/19 Alan Greenspan, chairman of the US Federal Rese

BLS Daily Report

2000-09-22 Thread Richardson_D
> BLS DAILY REPORT, THURSDAY, SEPTEMBER 21, 2000: > > Today's News Release: MULTIFACTOR PRODUCTIVITY TRENDS, 1998, Private > Business, Private Nonfarm Business and Manufacturing, indicates that > multifactor productivity differs from labor productivity (output per hour) > measures that are publi

The commerce of dating

2000-09-22 Thread Louis Proyect
Skin trade Welcome to the new world of dating, where everyone's out to get the best deal they can. - - - - - - - - - - - - By James Surowiecki, salon.com Sept. 22, 2000 | The September issue of Talk magazine featured a painfully true-to-life portrait of the dating travails of Kristin Whiting,

Re: Re: Rob Scaap's Moment?

2000-09-22 Thread Rob Schaap
Quoth the generous Gene: >Apologies, Rob, for misspelling your name. No worries, Gene! (*The Advocate* did far worse with the name the day I got my first first-grade goal against mighty Ulverstone in the Northern Tasmanian Soccer League - now THAT hurt!) Dunno if I want my name attached to thi