At 30/10/02 12:00 +, you wrote:
Lord Browne, chief executive of BP and one of New Labour's favourite
industrialists, has warned Washington not to carve up Iraq for
its own oil
companies in the aftermath of any future war.
I think I'm right in saying that BP-Amoco is actually the
Title: Re: [PEN-L:31644] RE: Sweezy's occ
"this approach can never give a
theoretical groundingto the "Law of
the Falling Tendency of the Rate of Profit"
because under it there is no necessity for the productivity of labor to tend to increase less rapidly than
capital intensity.
Shane
Title: RE: [PEN-L:31627] Sweezy's occ
I think Sweezy just wanted a linear result,
Mat. The profit rate is a linear function of his q, but not of Marx's
value composition. Something like Sraffa's obsession with a linear wage
rate/profit rate relation.
Andrew
BP's interests in all this are fairly obvious.
1. They have been a buyer of Iraqi oil
post-sanctions, and would like to increase the
amounts they buy.
2. Russian oil companies have moved into Iraq,
both for marketing to the west and for
development. BP buys Iraqi oil through Russian
middlemen.
BTW, does anyone know of any decent (or half-decent) measures of capital
*advanced* or *invested*, in flow-
of funds terms, as opposed to quasi-physical measures of the value of the
capital stock? Or if it is feasible to
construct such measures? What is needed is essentially the running
Chris Burford wrote:
Russian troops advancing into Northern Iraq in a preventative peace
making initiative. Iraq might get divided up into zones of
occupation like
Germany did, but hopefully US and Russian troops would not fire at each
other in ill will.)
Russian troops in Iraq?
Title: RE: [PEN-L:31715] Re: the 1898 war on Spain and imperialism
I'm confused. TR was an officer in the reserves
during the Spanish-American War. He served
briefly as VP under McKinley in 1901.
C. Jannuzi
and he adds:
Actually I should have said he was
under-secretary of the
Title: Re: Readings needed on Marxist analyses of
Theater
Here is a
new book that seems exceptional.
Glasbeek,
Harry. Wealth by Stealth: Corporate Crime, Corporate Law, and the
Perversion of Democracy. (Toronto: Between the Lines, 2002). ISBN:
1-896357-41-5
I teach a senior seminar on
Title: RE: [PEN-L:31709] Sweezy's occ\Shaikh
Paul A writes:
Jim: I would love to know what you think of Shaikh and Tonak's book. I plan on absorbing more of it (it can be slow going for the mathematicly impaired) but seems to be extremely relevant to your interests. It is a good example of
Inching Away From Income Tax
'Value-Added' Levy Would Turn System Upside Down
By Jonathan Weisman
Washington Post Staff Writer
Thursday, October 31, 2002; Page A04
In the heart of the Treasury Department, their work deeply under wraps,
tax-policy experts are hatching policy options for what
With 5 days to go before the U.S. midterm elections, I don't suppose the
media will pay a great deal of attention to the bungled appointment of
William Webster at the SEC. Nobody but accounting wonks would be interested
in this story anyway.
S.E.C. Orders Investigation Into Webster Appointment
By
Title: Re: globalization text
Initially I put this on the wrong thread.
Here is a
new book that seems exceptional.
Glasbeek,
Harry. Wealth by Stealth: Corporate Crime, Corporate Law, and the
Perversion of Democracy. (Toronto: Between the Lines, 2002). ISBN:
1-896357-41-5
I might be
Devine, James wrote:
RE: [PEN-L:31709] Sweezy's occ\Shaikh
Paul A writes:
Jim:
I would love to know what you think of Shaikh and Tonak's book. I plan on
absorbing more of it (it can be slow going for the mathematicly impaired)
but seems to be extremely relevant to
Title: RE: [PEN-L:31728] Re: RE: Sweezy's occ\Shaikh
E. Ahmet Tonak writes:
Thanks for the appreciation for our work. It was hard work! I'd like to address Jim's objection to our inclusion of the wages of unproductive labor should be included as a positive number in the numerator of the rate
[EMAIL PROTECTED] 10/28/02 04:22PM
HCM Market Letter
The U.S. economy is being stalked by vampire companies that are
effectively dead to their creditors but frighteningly alive to their
competitors.
on all hollow's eve:
capital only lives by sucking living labour, and lives the more, the
With the difficulties of unproductive labor and the depreciation question
that I have been harping on, don't we have to aceept that estimates of
profit rates are merely suggestive of the underlying reality? Also, do we
accept market prices as reflection of the level of abstract labor that a
Daniel, depreciation is important in calculating the RATE of profit, the
demoninator has to take into accound that old capital is not worth as much
as new capital. Or am I misunderstanding you?
On Thu, Oct 31, 2002 at 11:25:50AM -, Davies, Daniel wrote:
BTW, does anyone know of any decent
Title: FW: unproductive discussion
[was: RE: [PEN-L:31729] RE: Re: RE: Sweezy's occ\Shaikh]
In a private message, Michael Perelman opens a can of worms: unprod. labor seems an appropriate subject.
So maybe people would be interested in the following fragment from rough draft that I've
In Kurdish Turkey, a New Enemy
Village Guards, Empowered During War, Turn Guns on Returnees
advertisement
By Karl Vick
Washington Post Foreign Service
Thursday, October 31, 2002; Page A18
UGRAK, Turkey -- The family name translates as powerful, but by most
accounts the Guclus wielded no
Devine, James wrote:
FW: unproductive discussion
[was: RE: [PEN-L:31729] RE: Re: RE: Sweezy's
occ\Shaikh]
In a private message, Michael Perelman opens
a can of worms: unprod. labor seems an appropriate subject.
-
We (Sungur
A vigorous Halloween anti-war demonstration in London. Evcellent drumming.
Inventive costumes, with bandages and ghouls. Some fireworks. One BBC
report said 3000, the other said 2000 at the speeches in Parliament Square,
1000 in Whitehall. Whitehall was blocked and although the police tried to
Crucial US allies on Iraq fall out over oil
Owen Bowcott in Ankara
Friday November 1, 2002
The Guardian
Two of the United States' closest strategic allies in its campaign against
Saddam Hussein - Turkey and the autonomous Kurdish enclave in northern
Iraq - have fallen out amid a chorus of
Found Poetry from the great leader!
Your laugh for today.
This is a poem made up entirely of actual quotations from
George W Bush. They have been rearranged purely for
aesthetic purposes, by Washington Post writer Richard Thompson.
MAKE THE PIE HIGHER
by George W
Unemployment, in a population of 68 million, is well
over 10%, and inflation is running at 35%.
The official unemployment is around 11% as far as I know. It is
based on a work force of roughly 25 million and which means that
officialy the rest of the nation are not actively seeking work.
So,
I said:
DEHAP is a very heterogeneous formation not only
of the above parties but also of many small
groups/parties that encompass postmarxists,
postmodernists, Stalinists (a term I try to use
with care), Trotskysts, what have you. There are
even some free-market types in this formation.
I
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