Transcendental Meditators, mate. Children of the Maharishi (not that
there's necessarily anything wrong with that, apart from a slight tendency
to draw ridicule). George Harrison was their big name in the UK, and they
put out a full slate of candidates in our general elections. I don't really
s
I just recieved my California voter information guide for the primary
election. I had never heard about the Natural Law party, which looks like a
party of scientists. They seem quite progressive in some respects (export
know-how instead of weapons and national health care). Has anyone else com
Rakesh
At least someone seems to appreciate some of my contributions.
Karl
---
Karl, your post very much helped me to understand why the proposition
that the emancipation of the working class must be conquered by the
working class itself remains the implicit postulate of all socialist
Wednesday January 30 11:58 AM ET
Japan Files WTO Complaint Over Steel
TOKYO (AP) - Japan filed a complaint to the World Trade
Organization (news - web sites) on Wednesday against U.S.
antidumping measures on Japanese steel sheets, saying they violate
WTO rules, officials said.
The Japanese gover
Hope on the horizon for those fearing deflation. Also looks like something the
Justice Department might be interested in ;>)
>From EETimes (http://www.eetimes.com/semi/news/OEG20020130S0028) an article
about memory chips for, among other things, personal computers:
"Major DRAM manufacturers a
Come on. We don't need this crap!
Rakesh Bhandari wrote:
> >[somehow my e-mail program isn't cooperating again. Here's my complete
> >message.]
> >
> >[I thought I started writing a reply to this, but somehow there's no file.
> >I'm sorry if anyone received two versions.]
> >
> >Paul Phillips w
Hello,
http://www.placerouge.info has been re-launched and updated. We have merged
with PlaceRouge and Communards. All three parts of the project can be found
now at one site. New is the Gallery, which, hopefully will hold quite a
number of images in future. You are invited to either mail us
Presumably this is like the British bourgeoisie deciding to support state
funded secondary eduction at the end of the 19th century when they realised
Germany was overtaking Britain in the literacy of its workforce.
Chris Burford
>
From the Times Educational Supplement (UK) 25.1.02
The mainstream argument is that exchange rates adjust
to wash away all tax advantages, whether legal or illegal.
Not being a trade person, the best argument I can
think of goes like this:
If you want to buy US goods, you need dollars to pay
for them. A cost reduction in said goods increases
dema
the profit rate & recession
by Fred B. Moseley
29 January 2002 22:55 UTC
>
>
> CB: Do you think this fundamental problem can be solved through reforms ?
Fred: Charles, thanks for the clarity of your question.
Charles: Thanks your further clarifying discussion.
Fred: The shor
> you left out the fun part. Nominal GDP actually fell,
> but the price level went down more (3/10's%). We're
> in a deflationary recovery. Will wonders never cease.
>
> mbs
it's not _really_ deflation until it's sustained for a few quarters and
money wages start falling too. That's when the
Jagdish Bhagwati has an op-ed in yesterday's FT where he says the US
Congress's objections to that huge WTO ruling last month that declared we
are unfairly subsidizing our exports to the tune of $4 billion are
hypocritical, nationalistic and wrong. No argument from me there. But he
makes one ar
Going global
Jan 30th 2002
>From The Economist Global Agenda
The 32nd meeting of the World Economic Forum is being held in New
York this week. But the annual schmoozing session favoured by
politicians and businessmen has a new rival: the second meeting
of the anti-globalisation movement in Port
Karl, your post very much helped me to understand why the proposition
that the emancipation of the working class must be conquered by the
working class itself remains the implicit postulate of all socialist
thought.
rb
>[somehow my e-mail program isn't cooperating again. Here's my complete
>message.]
>
>[I thought I started writing a reply to this, but somehow there's no file.
>I'm sorry if anyone received two versions.]
>
>Paul Phillips writes: >The question we were discussing, I thought, was what
>explains the
Uh. My jaw is on the floor. I guess my
excuse is that THEY -- the breezy upbeaters -- didn't tell me. But that's
no excuse, really. You really mean we're in a DEFLATIONARY recovery? Oh,
that doesn't sound like fun at all. This puts a whole new spin on the comments
of Diane Swonk, chief econo
you left out the fun part. Nominal GDP actually fell,
but the price level went down more (3/10's%). We're
in a deflationary recovery. Will wonders never cease.
mbs
-Original Message-
From: [EMAIL PROTECTED]
[mailto:[EMAIL PROTECTED]]On Behalf Of Tom Walker
Sent: Wednesday, January 30,
Charles Brown wrote:
>> Do you think this fundamental problem can be solved through reforms ? <<
Fred writes:
> Charles, thanks for the clarity of your question.
>The short answer to your question is no, there is no reform - that I know
of - that will solve the fundamental problem of insuffic
>The rate of profit and recession
>by Rakesh Bhandari
>29 January 2002 20:45 UTC
>
>
>
>why is there overaccumulation in the system as a whole? why is
>global investment demand not strong and high enough to realize the
>surplus value that remains latent in commodities?
>
>
>
>
>
>"Let us
Davies, Daniel wrote:
> >We've been through this before, but much of the profits that, say,
>>Ford and GM earn from their finance subsidiaries come from financing
>>cars and trucks. So it's not speculative profit - they're making the
>>money the bankers used to make.
>
>Yeh, but it got big
RELEASED TODAY: In December, 305 metropolitan areas reported higher
unemployment rates than a year earlier, 21 areas had lower rates, and 5
areas had rates that were unchanged, the Bureau of Labor Statistics reported
today. Ten metropolitan areas had jobless rates over 10.0 percent, with
seven of
Surprise! Surprise! GDP rose in the fourth quarter
by a breathtaking 0.2%. 0% financing on new car sales have raised the yankee
economic chin just millimetres above the bar. Huzzah! Huzzah! Buy! Buy!
Happy days are here again! Prosperity is just around the corner. We see the
recovery Sunbeam
The rate of profit and recession
by Rakesh Bhandari
29 January 2002 20:45 UTC
why is there overaccumulation in the system as a whole? why is
global investment demand not strong and high enough to realize the
surplus value that remains latent in commodities?
"Let us suppose tha
Charles writes:>>On the below, I don't know if I interpreted your reference
to "the counter-acting tendency ...winning" correctly as one of the
countervailing influences that Marx lists that prevent the profit rate
from falling despite its general tendency to fall. <<
>I'm not as interested in be
the rate of profit and recession
by Devine, James
29 January 2002 15:49 UTC
Jim,
On the below, I don't know if I interpreted your reference to "the counter-acting
tendency ...winning" correctly as one of the countervailing influences that Marx lists
that prevent the profit rate from fallin
Good analysis
by bantam
29 January 2002 15:48 UTC < < <
Thread Index
> > >
G'day Charles,
> > > As one senior Iranian statesman wryly remarked at a
> > > recent private
> > > gathering: "The Americans should realize that while
> > > indeed they are the
> > > strongest global power, that doe
ECONOMIC NOTES
NEWS AND ANALYSIS FROM THE LABOR RESEARCH ASSOCIATION
http://www.LaborResearch.org or http://www.lraonline.org
Jan. 29, 2002
Pensions
Lack of Pension Coverage a Reality for More Than Half of U.S. Workers
(Jan. 29, 2002)
The Enron collapse starkly exposed the risks that workers
>We've been through this before, but much of the profits that, say,
>Ford and GM earn from their finance subsidiaries come from financing
>cars and trucks. So it's not speculative profit - they're making the
>money the bankers used to make.
Yeh, but it got bigger by an order of magnitu
[somehow my e-mail program isn't cooperating again. Here's my complete
message.]
[I thought I started writing a reply to this, but somehow there's no file.
I'm sorry if anyone received two versions.]
Paul Phillips writes: >The question we were discussing, I thought, was what
explains the drop in
Wednesday January 30, 5:09 AM
Karzai says Guantanamo detainees not prisoners of war
Afghan interim leader Hamid Karzai intervened in a row over the status of
prisoners seized by US forces in Afghanistan, branding them terrorists who
sowed "killing fields" and did not deserve to be termed priso
Patrick Bond wrote:
>Are you disaggregating the extremely high profits that derive from corporate
>interest earnings or financial-asset capital gains, as US firms hollowed out
>from the early 1980s and took higher earnings shares from their
>financial/treasury operations? They would have parallel
The Economic Times
Monday, January 14, 2002
China's FDI up 14.9% y-o-y
REUTERS MONDAY, JANUARY 14, 2002
BEIJING: China's actual foreign direct investment rose 14.9 per cent year on
year to $46.846 billion in 2001, the Ministry of Foreign Trade and Economic
Cooperation said on Monday.
Contract
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