Penners
The article below is a case study in the confused politics of the
present. His paper having joined the effort to discredit Portillo,
Jonathan Freedland now bemoans the Conservative Party's apparently
inevitable drift into civil war as two diametrically opposed
candidates do battle
New York Times
July 19, 2001
In U.S. Unions, Mexico Finds Unlikely Ally on Immigration
By STEVEN GREENHOUSE
L OS ANGELES, July 18 It is rare for foreign officials to address
labor conventions, much less raise their fist in solidarity with the
union members.
But when Mexico's
PEN-L:
Hello from Sacramento. I'm looking for a couple of people to talk about
China and the former Soviet Union at the Marxist School of Sacramento. The
talks usually last one hour, with about 45 or so minutes for audience
questions. We're a non-sectarian project beginning our second year
Joseph:
Seven years of market ups are on their way
Years of plenty, tons of high tech play
I.T. will boom, there won't be room
To store the dot.com hype you grow
After that, the future doesn't look so bright
NASDAQ's luck will change completely overnight
recession's hand will stalk the land
With
there's really no way for a third party
to tell who is right or wrong, so more
details wouldn't help.
My suggestion is for both sides to agree
on mediation as a substitute for litigation.
Whoever refuses would then be defined as in
the wrong.
mbs
-Original Message-
From: [EMAIL
I understand the sentiment, but non-protectionism can be just as bad as (or
worse than) protectionism. Why dilute conceptual clarity to make a
rhetorical point?
Michael Perelman writes:
It is not protectionism, like the violence instigated by the US is not
terrorism. Protectionism (terrorism)
My major point about the dollar is that nation-state based
Keynesian analysis -- US runs deficit on current account, needs
to attract foreign capital to finance, economy now vulnerable
to capital flight, financing crunch and speculative attack
on currency -- doesn't apply in the case of the US
I would concur with just about everything Ellen says except for 6(c) -- a
left wing political victory in the U.S. You can have all sorts of political
destabilization short of a left wing victory. Further, it shouldn't be too
controversial to note that the political stability that has reigned in
Ellen, your possibility of a Nader victory tumbling the dollar
seems inconsistent with the rest of your analysis. My
understanding is that anything that created the possibility of a
weakening of the US economy (relative to other major economies)
could set off a panic.
For example, if the
New York Times 19 July 2001
In U.S. Unions, Mexico Finds Unlikely Ally on Immigration
By STEVEN GREENHOUSE
LOS ANGELES, July 18 - It is rare for foreign officials to address
labor conventions, much less raise their fist in solidarity with the
union members.
But when Mexico's foreign
How can we ever imagine succeeding in effecting large-scale social
transformation if tiny factions of 'radical' and 'marxist' economists
cannot work out their petty differences without bankrupting one of the
only organizations and journals that provide an outlet for papers and
presentations for
Charles Brown [EMAIL PROTECTED]:
CB: Wouldn't the WTO, IMF, World Bank, U.S. Treasury, NAFTA, NATO, US war
machine, et al, combine to be this organ ?
I can't respond to Charles Brown's posting right now. But I'd like to
submit a note I sent to marxmail where I address issues that are very
Lind is not a nativist. He is a liberal
nationalist. He may be a Listian, but
to me that is not necessarily a Bad Thing.
The idea that he is a right-wing plant is
hallucinatory.
mbs
While what Pugliese downloaded includes reasonable criticisms of a
neo bracero program, it soon became an
How can we ever imagine succeeding in effecting large-scale social
transformation if tiny factions of 'radical' and 'marxist' economists
cannot work out their petty differences without bankrupting one of the
only organizations and journals that provide an outlet for papers and
presentations for
From: Stan Goff [EMAIL PROTECTED]
Reply-To: [EMAIL PROTECTED], [EMAIL PROTECTED]
Subject: [BRC-NEWS] BOOK: Hideous Dream
Sender: [EMAIL PROTECTED]
To: [EMAIL PROTECTED]
Date: Thu, 19 Jul 2001 06:29:51 -0400 (EDT)
http://www.haiti-progres.com/2001/sm010328/XENG0328.htm
Haiti Progres
This Week
Lind is not a nativist. . . .
Check what he says about the need to control immigration in one of
his books. Maybe I am hallucinating his nativist sentiment; I didn't
buy the book, just glanced through it at a bookstore. If I am wrong,
I will apologize profusely. Rakesh
Hmm. You glance
Well, since we're arguing about hypothetical
scenarios, I guess my thinking was that a
Nader victory might send some wealth
high-tailing it to the EU and Japan. On the
other hand, a leftish government in the US
would probably make international financial
reform a top priority , so who knows?
ellipsis
I wrote:
(On net these days, the US is _importing_ tremendous amounts of capital.)
Charles writes:
CB: What is the comparison between US export of capital and export of goods ?
US net exports of goods and services + net US income earned on foreign
operations = a negative number these
Julio wrote:
Marx praised political economists who, like Ricardo, pinned down the
fundamental dynamic thrust of capitalist production (M-C-M' proper) and
viewed its main sources of trouble as arising from the internal process
itself in the form of a tendential decline in profitability and,
if my post made it sound like i sympathize more with one side or the
other, it was worded poorly. i don't know anything about the details of
the accusations etc. but we all stand to lose if urpe goes under (or
maybe we don't?), and if that is the fault of some urpe leaders or rrpe
board members
Talking about left organizations going bankrupt,
I think pen-lers should know that Dollars and
Sense magazine, a 27-year old publication of
solid progressive economic analysis written
for a general audience, is having financial
difficulties. Nobody is suing us. Its just the
usual problems --
I wrote:
Unlike some, I treat all my knowledge as working hypotheses to be
tested logically, empirically, methodologically, and in practice. Thus,
what I know changes over time.
Rakesh writes:
yet we hardly recognize that our positions have changed over time, which
so complicates the idea of
Max:
Lind's position re: immigration is strictly of a
piece with the basic idea of labor defense, a
concept our free-trade marxists have great difficulty
with. It is that the obligation of a trade union is
to fight efforts to undercut its wages with other
workers. It does not matter where they
I'll send $100 in the mail for a sub.
-Original Message-
From: Ellen Frank [mailto:[EMAIL PROTECTED]]
Sent: Thursday, July 19, 2001 12:25 PM
To: [EMAIL PROTECTED]
Subject: [PEN-L:15351] URPE and DS
Talking about left organizations going bankrupt,
I think pen-lers should know that
Jim Devine [EMAIL PROTECTED]:
Marx praised Ricardo for seeing how capitalism is expansionist (M - C -
M'). But the latter, unlike Marx, saw the problem -- including the falling
rate of profit -- as arising due to external processes (scarcity of land
raw materials).
You are right about
The mailing address is Dollars and Sense,
740 Cambridge St., Cambridge, MA 02141.
Thanks!
[EMAIL PROTECTED] writes:
I'll send $100 in the mail for a sub.
Gary Mongiovi wrote an extensive letter critiquing Alan Freeman's letter.
I can't find it now, but he sent it to ope-l (Jerry Levy's Marxist Theory
list) or the post Keynesian list.
---
Michael Perelman
Economics Department
California State University
Chico, CA 95929
Tel. 530-898-5321
E-Mail
Institute for Public Accuracy
915 National Press Building, Washington, D.C. 20045
(202) 347-0020 * http://www.accuracy.org * [EMAIL PROTECTED]
___
Thursday, July 19, 2001
G-8 and Genoa: Key Issues
As leaders of the G-8 countries
Rakesh (here and gone again...) On top of it, Lind seems to have written a
book in defense of
genocidal US policies in Vietnam--did I understand you, right,
Pugliese?
Yes, indeed. A review by Eric Alterman (who raises hackles of alot of
folks but, the URL is handy, said this in (Social
Gary Mongiovi wrote an extensive letter critiquing Alan Freeman's letter.
I can't find it now, but he sent it to ope-l (Jerry Levy's Marxist Theory
list) or the post Keynesian list.
---
Michael Perelman
These posts:
http://ricardo.ecn.wfu.edu/~cottrell/OPE/archive/0107/0006.html
Under this form of class solidarity, there would be
no trade unions worthy of the name.
Real class solidarity means you protect union jobs.
If you aren't in a union, you protect them towards
the day when you can be in one, which protecting
furthers.
In a strike situation, calling for all to be
At 1:46 PM -0400 7/19/01, Yoshie Furuhashi wrote:
The defense of labor is best executed by class solidarity, regardless
of nationality, immigration status, etc., not by nativist attempts to
monopolize jobs by excluding aliens, which are in the end futile.
When nativists scab by breaking class
BUREAU OF LABOR STATISTICS, DAILY REPORT, JULY 18, 2001:
RELEASED TODAY: The Consumer Price Index for All Urban Consumers (CPI-U)
increased 0.2 percent in June, before seasonal adjustment, to a level of
178.0 (1982-84=100), the Bureau of Labor Statistics reported today. For
the 12-month
Hi Seth,
You might want to ask Rob Weil to speak on China. he's the author of the
book on Deng's China called Red Cat White Cat, by MR press.
his email is [EMAIL PROTECTED]
Steve
Stephen Philion
Lecturer/PhD Candidate
Department of Sociology
2424 Maile Way
Social Sciences Bldg. # 247
the New York Post [reported] that at a fundraiser last night, a former
president of the New York Historical Society introduced Bill Clinton to
the gathering as Richard Nixon.
an easy mistake to make.
Jim Devine [EMAIL PROTECTED] http://bellarmine.lmu.edu/~jdevine
Jim Devine says:
Michael wrote:
It may be that intellectual property laws may be the most effective form
of protectionism devised so far.
except that it's not the kind of thing that's called
protectionism. It protects individual corporations or other
property-holders, not the domestic markets
If protecting union jobs is the only point, anti-immigrant
pro-protectionist nativism is patently pointless. New immigrant workers
are more pro-union than native-born workers -- hence the AFL-CIO's new
stance. To survive, organized labor has to sign up as many as it can,
native or
[EMAIL PROTECTED] 07/19/01 11:59AM
I wrote:
(On net these days, the US is _importing_ tremendous amounts of capital.)
Charles writes:
CB: What is the comparison between US export of capital and export of goods ?
US net exports of goods and services + net US income earned on foreign
In my role as Queen of left dish, Left Coast, Harry Hay, Bachelors for
(Henry) Wallace/Mattechine Society, San Francisco Club,
passing on that Stephen Greenhouse, is a Red-Diaper Baby.
Don't know if Linda, is. Doubt it.
Michael Pugliese
At 02:05 PM 7/19/01 -0400, you wrote:
Jim Devine says:
Michael wrote:
It may be that intellectual property laws may be the most effective form
of protectionism devised so far.
except that it's not the kind of thing that's called protectionism. It
protects individual corporations or other
If protecting union jobs is the only point, anti-immigrant
pro-protectionist nativism is patently pointless. New immigrant
workers are more pro-union than native-born workers -- hence the
AFL-CIO's new stance. To survive, organized labor has to sign up as
many as it can, native or
I'm thinking about how to get from here to there,
and Yoshie is talking about getting from there
to here.
mbs
Yoshie is thinking long-term, while it seems that Max is thinking
short-term . . .
Oy vey indeed. Reading Rakesh makes me forget
what I actually said about Lind. I'm sure I
didn't say he was my leader.
I'm about 2/3rds thru The Next American Nation.
I've said the analysis of race and class history
in the book is very persuasive. It's good
populism. I'm on his elaboration
[EMAIL PROTECTED] 07/19/01 01:39PM
Under this form of class solidarity, there would be
no trade unions worthy of the name.
Real class solidarity means you protect union jobs.
-clip-
CB: Speaking of (working) class solidarity, isn't that a socialist concept ? What use
do
If protecting union jobs is the only point, anti-immigrant
pro-protectionist nativism is patently pointless. New immigrant
workers are more pro-union than native-born workers -- hence the
AFL-CIO's new stance. To survive, organized labor has to sign up as
many as it can, native or immigrant,
Jim Devine says:
If protecting union jobs is the only point, anti-immigrant
pro-protectionist nativism is patently pointless. New immigrant
workers are more pro-union than native-born workers -- hence the
AFL-CIO's new stance. To survive, organized labor has to sign up
as many as it can,
At 02:05 PM 7/19/01 -0400, you wrote:
Jim Devine says:
Michael wrote:
It may be that intellectual property laws may be the most effective form
of protectionism devised so far.
except that it's not the kind of thing that's called
protectionism. It protects individual corporations or other
Chavez owed much of his success to the relatively sympathetic
treatment the union received from Jerry Brown. Once Brown left
office, the union could not make much headway. Also, Chavez, as
I understood it, got a bit introverted
His son in law seems to be doing better, but Davis will not
BUREAU OF LABOR STATISTICS, DAILY REPORT, THURSDAY, JULY 19, 2001:
RELEASED TODAY: Median weekly earnings of the nation's 99.9 million
full-time wage and salary workers were $595 in the second quarter of 2001,
the Bureau of Labor Statistics reports. This was 5.1 percent higher than
a
Plenty, if you're a smart trade unionist,
social-democrat, or even a labor-friendly liberal.
mbs
CB: Speaking of (working) class solidarity, isn't that a socialist concept ?
What use do non-socialists have for working class solidarity ?
I doubt that the majority of Mexican residents Mexican-Americans in
the USA are against trade with, investment in, immigration from
Mexico. . . . Yoshie
Neither am I.
mbs
Yoshie writes:
There's nothing on the political horizon to replace US hegemony --
therefore Ellen's dissertation on dollarization holds up, I think, despite
the alarms sounded by Wynne Godley who writes as if the USA had already
entered into the same twilight of the empire that the UK had
The premise only supports the conclusion on the condition that hegemony is a
zero-sum game. US drops ball; someone else picks it up. Uh-uh. Much more
dangerous possibilities have presented in the past, such as during roughly
the first half of the last century. In the hegemony sweepstakes nothing
At 02:24 PM 7/19/01 -0700, you wrote:
The premise only supports the conclusion on the condition that hegemony is a
zero-sum game. US drops ball; someone else picks it up. Uh-uh. Much more
dangerous possibilities have presented in the past, such as during roughly
the first half of the last
Allegations of involvement in Synanon, no?
Hmm, most likely not related at all, but that last URL below about
NATLFED, a/k/a Communist Party (Provisional) of Gino Parente, could be worth
a look see. More on them here,
http://users.rcn.com/xnatlfed/articles/whitnack.html
Gino Perente,
Jim and Julio - In Theories of Surplus Value (Vol II), Marx criticizes
Ricardo exactly for NOT taking an M-C-M' view of things. Marx accuses
Ricardo of treating capitalism as a barter or simple commodity exchange
economy, and accepting uncritically Say's Law. No man produces, but
with a view to
[EMAIL PROTECTED] writes:
Sounds like a great diss. Did you ever publish an article summarizing it?
If not, what school did you do it at?
Thanks, Michael. Unfortunately I did not.
The official dollar role has been over since 1973. The US has run
current account deficit in every single
At 04:41 PM 7/19/01 -0500, you wrote:
Jim and Julio - In Theories of Surplus Value (Vol II), Marx criticizes
Ricardo exactly for NOT taking an M-C-M' view of things. Marx accuses
Ricardo of treating capitalism as a barter or simple commodity exchange
economy, and accepting uncritically Say's
Tom says:
Yoshie Furuhashi wrote,
There's nothing on the political horizon to replace US hegemony --
therefore Ellen's dissertation on dollarization holds up, I think,
despite the alarms sounded by Wynne Godley who writes as if the USA
had already entered into the same twilight of the empire
Penners - Thought some of you might be
interested in an exchange I had this morning
with Jude Wanniski, who emailed me in
response to press release I did for the
IPA.
Jude Wanniski wrote:
I agree with the assessment attributed to
you by Institute for Public Accuracy. I have been
arguing that
Coincidentally, I was recently rereading, Sid Grassy Knoll Blumenthal
book on the neo-cons. Most of one chapter recounts his upbringing in Pa.
working class factory town. Many arguments between an Uncle in the CPUSA and
his Dad at the dinner table. Jude in college, was briefly in YPSL.
Michael
Hello,
I am sorry to insist, but I think this is a very important issue.
Jim wrote (after a paragraph of mine):
3) The limit to borrow, in our opinion the binding constraint in the last
resort, is set by the ratio of debts to *income*, because debts must be
serviced by cash. The household
Jim Devine asked,
you really think that we're could be moving toward a period such as
1910-45, in which nation-state contention among the rich capitalist powers
led to trade wars and hot wars? do you have evidence?
First question: No, that's not what I said and not also what I think. I said
The Vietnam fiasco and the decison to float the
dollar in 1973 was certainly seen at the time as
the twilight of US hegemony. But I agree with
Yoshie that we have to start thinking of the
ruling class as global rather than national, so
the old nation-state measures may not apply.
The world is
I asked:
can't assets be used as collateral, so that the debt/asset ratio is
relevant?
Alex writes:
The point is that the debt/asset ratio ( 'assets as collateral') is a
misleading indicator of the capacity to borrow *of the private sector as a
whole*. From other micro-perspectives ( whatever
Click http://www.fpif.org/progresp/volume5/v5n23.html to view an
HTML-formatted version of this issue of Progressive Response. (Due to
technical difficulties, this link will not be available until sometime on
20 July 2001.)
I wrote:
I don't think the current day fits Lenin's sketch very well at all. Lenin
himself once wrote that Bukharin's book on imperialism was superior.
Charles writes:
CB: Are you saying 1) that Bukharin's analysis of imperialism of that
period contradicted Lenin's main points , or elaborated
...I'm addressing you.
Are you going to let our emotional life be run by Time Magazine?
I'm obsessed by Time Magazine.
I read it every week.
Its cover stares at me every time I slink past the corner candystore.
I read it in the basement of the Berkeley Public Library.
It's always telling me about
http://www.pbs.org/newshour/bb/latin_america/cuba/index.html
Mark Jones wrote,
Discussions about how to get growth back on track (seemingly an objective
shared by many on pen-l) is actually discussion about how to turn the gas
even higher.
I agree that this is extremely important. Extremely is not sufficiently
superlative. It is a matter of life or
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