At 02:20 PM 07/29/2002 +, you wrote:
Well, we have already established that I am an arrogant, elitist, right
wing tool of the bourgeoisie, no socialist, and a general son of a bitch,
so pay no attention to me. You go find a doctor who knows less than you do
about medicine. I gather that's
At 05:13 PM 07/29/2002 -0400, you wrote:
science does not think -- martin heidegger
(thought i would throw that one out and see what kind of fish
it attracts ;-)).
--ravi
Hard to say without context; but normative science is more like a vetted
bureaucratic procedure ...hence its
At 01:29 PM 07/27/2002 -0400, you wrote:
Heavens, we don't want to quote the actual article, since it includes the
observations of the women in question, rather than technological
pessimists sitting in California. Of course, this may all just be
capitalist propaganda - Thurow failed to call
At 10:17 AM 07/27/2002 -0700, you wrote:
I think that Michael should step in and admonish Lousi for this parody of
Justins speling.
I think a laugh that good ...needs no apology.
Joanna
At 06:53 PM 07/26/2002 -0500, you wrote:
This part is simply absurd! It's the software engineers, not Bill Gates
et al who keep Microsoft undemocratic?
Well, I couldn't quite follow the argument's in Ian's post. When stuff gets
too abstract, I have problems. However, writing unmaintainable
At 06:52 PM 07/26/2002 -0400, you wrote:
As I read Michael's post, the point was that Mali women's use of
mechanized grinding machines has given them time to improve their lives
and become literate. No attempt to draw more general conclusions about
the social consequences of machinery, or to
At 03:21 PM 07/26/2002 -0700, you wrote:
The Wall Street Journal today had a front page story about women
in Mali, whose use of mechanized grinding machines has given them
time to improve their lives and become literate.
What's the point of this? Did the cotton gin enable slaves to improve their
At 05:12 PM 07/26/2002 -0400, you wrote:
Grinding flour is a synecdoche for a society characterized by a large
pesantry producing very low-tech goods in households and small villages.
That style of production is inconsitent with being nonpoor. If people want
to stay poor, that's their
At 12:52 PM 07/25/2002 -0400, you wrote:
everyday i hear/read pundits (financial analysts, market analysts,
MBAs, consultants, commentators, etc) speak forth on the stock
market collapse caused by the tech bubble that we (as they say)
all fell prey to. but iirc it was they that created the bubble
At 07:33 AM 07/25/2002 +0100, you wrote:
The market rebound. Now they are saying that the market was overdue a
correction. What rubbish. When they dont know our experts drag out the
correction word. A code for we dont know.
Karl Carlile
Communism Site:
http://homepage.eircom.net/~beprepared/
Marta Russel has recently documented the fact that CA's shortfall will
affect $$ for health care. I thin ZNet ran that article a few weeks ago.
Joanna
At 09:08 PM 07/24/2002 -0700, you wrote:
I know that government spending has been a major factor in maintaining
demand, but now the state
Crying bubble
is the easy way out, Garber says, preferred by those who believe
individuals are not to be trusted in determining the value of markets -
Greenspan's famous irrational exuberance is a perfect
example. But without the kind of speculation seen today and, yes, in
1636, there would be no
At 02:12 PM 07/25/2002 -0400, you wrote:
Sokal has now joined with ex-Social Text'er Bruce Robbins in a campaign to
get American Jews to sign a petition critical of Israeli policy. Times
change
Doug
Are you serious?
Joanna
At 07:29 PM 07/25/2002 -0400, you wrote:
It's not Page Six material, like Justin Timberlake's flirtations with
Christina Aguilera, which has Britney all in a rage.
Are you the father of a pre-teen?
Joanna
In my opinion it has never been unclear that the purchasing power of the
masses has been systematically reduced for the past two decades. This
systematic reduction of purchasing power is not even or uniform or
affects every individual in America to the same degree. If one has to
work longer
If anyone has any interesting reading on deflation, could
the please cite it? (There's a lot of stuff on inflation, but no so much
on deflation.)
Thanks,
Joanna
At 01:08 PM 07/23/2002 -0500, you wrote:
and boasted that not very many people had had a chance to cold
cock a Mellon.
what does that mean?
Joanna
So...following up on the Yale men thread...is the education given at the
ivies worth it? I ask because a former lover who went to Princeton was very
bitter about that aspect too. I also ask because I have a half-baked idea
to send my daughter (now 8) to Vassar or one of the other women's
One of the big things I learned at Yale was to have a
visceral distaste for preppies and rich people, and for pretentious
people in general.
Was it that infinite sense of entitlement that put you off? Or
something else?
Joanna
As anger grows over CEO compensation/looting, beware of spin. For example,
last week, WSJ ran a brief article on how the fall of the stock market
upsets the culture of options. In the article, the writers noted, Boosted
by outsize grants in the top ranks, Microsoft employees averaged a
At 05:36 PM 07/22/2002 -0400, you wrote:
business week had an article late last year (iirc) which said: now
that the recession is over [ha!], we can look back at some numbers
and some of the findings might surprise you. for instance, did you
know that [business week calculates] 99% of all the
At 04:23 PM 07/17/2002 -0700, you wrote:
You bring up an interesting point. I would like to know what others
think. The key is whether the lower classes roll over and play dead or
whether they are more likely to challenge the power structure. It seems
that during the Great Depressions in the
From a friendHere's a succinct summary of the credit bubble:
http://www.financialsense.com/stormwatch/update.htm
Joanna
At 05:23 PM 07/16/2002 -0400, you wrote:
Tom Walker wrote:
Joanne Bujes wrote,
And prosperity is just around the corner...
Or around the coroner.
Ah, we're back on Depression Watch, aren't we? Hope you all have good plan
for taking advantage of the blood that will soon be flowing in the
Jim wrote
150 years of history suggests he was wrong. Not only are recessions nasty
(as he recognized) to the working class, but they don't automatically have
the good effects listed. Among other things, there are always
non-capitalist scape-goats at hand.
And yet, in AG's latest quotable,
poor old AG. How can he reconcile his Ayn Randite tradition
-- which worships greed -- with his new disdain for it?
JD
Actually, she doesn't worship greed. At bottom, she's a capitalist
stakhanovite: all her good characters are selfish but
workaholics. What she is incapable of acknowledging is
At 10:45 PM 07/15/2002 -0700, you wrote:
Greenspan is expected to reaffirm in congressional testimony that the
fundamentals of the U.S. economy remain sound.
Tom Walker
604 254 0470
And prosperity is just around the corner...
Joanna
Melvin concludes his reply with:
Here accumulation, there empoverishment, and always the
Luxemburgist relationship accumulation/expansion
seems to me to be intellectually dishonest by confusing radically
distinct epochs in human history. All epoch in history are composed of
time frames
At 11:13 PM 07/11/2002 -0500, Paul wrote:
Such generalized reciprocity is a feature of western Canadian
(rural) society. When I was building my house and barn in the rural
area I put out a general call for anyone interested to come join a
'house/barn raising bee.' We had douzens of volunteers,
At 11:51 AM 07/11/2002 +1000, Thiago wrote:
The idea is that whilst the commodity form alienates the worker from the his/
her labour - his/her labour confronts him/her as something non-human,
objective - precisely the opposite happens with a gift. In a gift economy
objects are anthropomorphized.
At 03:35 AM 07/11/2002 +, Justin wrote:
I have not participated in this discussion. But I violently object to
Michael shutting down a discussion of a topic that a great many people on
the list are interested in, but that he, for some reason, has an allergy
too. There are a zillion topics
Melving Wrote:
The configuration of this commodity hunger was shaped and
accelerated as an aspect of the proletarianization of the world masses
(in history) and in particular after World War I with the mechanization
of agriculture - that is the destruction of the private producer or small
scale
At 01:54 PM 07/11/2002 -0700, Jim wrote:
I wrote: There are people who
can embrace socialism without having any hope,...
and most of them are on pen-l!
Jim Devine [EMAIL PROTECTED]
http://bellarmine.lmu.edu/~jdevine
Nec spes; nec metu! (Neither hope nor fear!motto of the house of
At 11:54 AM 07/11/2002 -0700, Gar wrote:
The worse the better eh? Both from personal experience, and from my
reading of history people are mostly likely to engage in either radical or
revolutionary activity when they have hope - when they believe things can
be better. I think you can find more
At 04:55 PM 07/11/2002 +, Carl wrote:
Absolutely. And if the devil can quote scripture to suit his purpose, I
too as a devotely irreligious person can cite the bible's memorable
comment on this topic: Where there is no vision, the people perish.
(Proverbs 29:18) Utopian visions can
To take an example, I think Pete Seeger's songs had much greater influence
on working class consciousness...than any utopian novel.
I'm spacing...I meant Woodie Guthrie.
Joanna
At 01:22 PM 07/10/2002 -0700, you wrote:
Enormous amounts of resources are spent to market products that are
essentially identical. Maybe you don't get phone calls from the phone
companies
Say what!!! You don't think there's a difference between Pepsi and
Coke? .not to mention the
A - you're not going to let them see any original material
You should. You don't want them to think Marx is too hard, because lots
of his stuff isn't. For example, how about that 3 page essay on money
from the 1844 manuscripts, you know, the one that says money is the
pimp between man
Problem is, options don't work in a bear market.
At Sun, they've given out options a couple of times since the stock price
slide (120s to 5) -- but the problem is that since the stock is heading
down relentlessly, a few weeks after you get say 1000 options at 18, the
stock goes underwater to
At 12:48 PM 07/08/2002 -0700, you wrote:
RE
joanna writes:Problem is, options don't work in a bear market.
But when the stock market does start to go up--and a huge
overhang of stock options are finally cashed in--what might happen to the
stock market?
Eric
.
Exactly,
Joanna
At 02:38 PM 07/08/2002 -0700, Steve Diamond wrote:
The market will likely not recover fast enough to put most outstanding
options in the money tho companies will attempt to reprice options
downward and issue new options at lower strike prices. As Joanna says in
a bear market all bets are off
Eric concluded:
Unfortunately most who cite/use the CPI do not really understand what the CPI
intends to measure. This is true for almost _all_ economists who use the CPI--
most are unaware of the limits of the CPI measure and, so, use it in
unappropriate ways.
The question is, are they fools
Thanks, that was very interesting. I need to think about it some more.
Joanna
At 12:18 AM 07/06/2002 -0500, you wrote:
I have always considered inflation to be a *general* rise in the price
level, rather than a rise in specific prices which feed into the CPI or,
as we used to call it, the COL.
At 06:09 PM 07/05/2002 -0400, Doug wrote:
The CPI market basket is based on the Consumer Expenditure Survey
http://www.bls.gov/cex/home.htm, not what BLS economists deem it to be,
and it includes education, which they weight at 2.7% of spending
ftp://146.142.4.23/pub/news.release/cpi.txt. In
At 03:45 PM 07/03/2002 -0700, Jim wrote:
Joanna writes: You know, I'm really tired of this low inflation crap. The
inflation in housing, equities (till lately), health care, and education
has been HUGE. I don't know why it doesn't count.
at some point, economists decided on a conventional
At 05:20 AM 07/04/2002 -0400, you wrote:
This raises a question I have always wondered about. In calculating
the CPI, the BLS uses fixed weights which are updated only every
decade or so, right? Right-wingers claim that this overstates
increases in the cost of living because, in reality, people
At 06:10 PM 07/04/2002 -0700, Steve wrote:
This is a post from my favorite Bear chat room that makes some important
comments on a huge fuel source for fictitious capital - defined
contribution pension plans that have swept our economy in the last twenty
years:
(Also for further reading I am
At 02:06 PM 07/04/2002 -0700, you wrote:
I am happy to hear about NY public transportation. NY may be unusual in that
even moderately well to do people use it.
Returned from NYC a few weeks ago and agree that NYC public transit is a
miracle of convenience/dependability/efficiency. Prosit!
At 05:17 PM 07/01/2002 -0500, you wrote:
In practical political terms, the capitalism is theft line has the same
dangers that conspiracy theories or loose use of the charge of fascism
has: all three shift the focus from an oppressive and exploitative
system of social relations to the morality or
At 08:03 PM 07/01/2002 -0400, Doug wrote:
the suspicion that only gold is real money, the rest is delusion; and a
Puritan, morally drenched distaste for speculation. There should be a
marx-and-mixes.org.
Ah, but we have not even begun to taste the reality of the destruction of
wealth that
At 01:04 AM 07/03/2012 +0100, you wrote:
Despite the very low interest rates inflation does not really exist in the
US. This would appear to contradict Friedman's monetarism which argued that
inflation is a product of loose money. I have noticed that Hayek has been
revived these days as a hammer
At 11:19 PM 07/02/2002 +1000, you wrote:
Sidgmore used his golden hour at the podium to complain about how much
MCI WorldCom spends on marketing its network services. According to
Sidgmore, an astonishing 49% of the telecom giant's service costs to
customers can be traced to marketing. In
At 08:22 PM 07/01/2002 -0700, Steve Diamond cross-posted :
No one should mistake this as a fatal or even lethal blow for capitalism as
we know it. Those who predict its imminent demise underestimate its
resilience. Back in 1987 the late Eric Heffer told the House: People's
capitalism was falling
The coinage of thiefdom suggests even more erroneously that it is even
in part a political hierarchy of thieving. It can *seem that way but it
is a social system whereby the value created by cooperative social labour
accrues legally to those who own the means of production. That is not
since it seems true that the actions of enron, worldcom et al has
affected many more lives than that of the al qaeda, perhaps we can
call for a war on corporate terrorism?
--ravi
I think a war on corporate terrorism is usually known as a revolution.
In order to avoid that, a clash
. In
the long term, I think they're counting on the presence of men with guns.
Joanna Bujes
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