Fwd: question for PENL, LBO etc

million owned 80% of all tangeble assets in the US economy. >3600 out of 19.5 M firms means that 0.02% of firms own and control 80% >of the economy. This makes students take notice. > > So my question is: where do I go to get data to update these numbers? >I have found numbers of

TERMS OF TRADE FOR AFRICA QUESTION

push in Africa. Give "lots" now, create supply capacity and demand simultaneously, and the process becomes unstopable, so much so, that africa may become a net capital exporter in some 15 years. The issue of corruption is often raised, but that may be a moot question in a market econo

Re: Question on public choice theory

On Wednesday, March 10, 2004 at 10:26:23 (-0800) michael perelman writes: >Public choice theory suggests that people vote with their pocketbooks. >How would they explain that more educated people have more liberal >voting preferences? Because people who are more liberal are likely to be more educa

Re: Question on public choice theory

- Original Message - From: "michael perelman" <[EMAIL PROTECTED]> To: <[EMAIL PROTECTED]> Sent: Wednesday, March 10, 2004 1:26 PM Subject: [PEN-L] Question on public choice theory > Public choice theory suggests that people vote with their pocketbooks. > How

Re: Question on public choice theory

michael perelman wrote: Public choice theory suggests that people vote with their pocketbooks. How would they explain that more educated people have more liberal voting preferences? Perhaps they would answer by being somewhat skeptical of your claim. To what degree is it true? I suspect they would

Re: Question on public choice theory

> Public choice theory suggests that people vote with their pocketbooks. > How would they explain that more educated people have more liberal > voting preferences? as others have suggested, the word "liberal" is ambiguous. I would guess that all else constant, higher-income people are more "lib

Re: Question on public choice theory

Michael asks: Public choice theory suggests that people vote with their pocketbooks. How would they explain that more educated people have more liberal voting preferences? I hate to rise to the defense of public choice theory. However don't you find that in Europe (and to some degree Japan) the

war is good for business question

To what extent is was good for business it so happens that the last few months were record job crating putting an end to jobless recovery and the outstanding bubles i.e. housing bubbles failed to burst.. consumption resumed and savings adjusted.. now the trade defcit is holding steadywith a low do

Re: A Question for the Moderator

t there -- that is the central question. On Fri, Jul 30, 2004 at 04:36:05PM +0100, Ulhas Joglekar wrote: > Michael Perelman, > > Some posters on this list have expressed their support > for the breakup of Russia, India, Iran, Iraq, Syria > and Turkey. I would like know what is y

Re: A Question for the Moderator

Michael Perelman wrote: > I don't have any simple answers. Please unsubscribe me from your list. Ulhas Yahoo! India Matrimony: Find your life partner online Go to: http://yahoo.shaadi.com/india-matrimony

Re: A Question for the Moderator

Ulhas Joglekar wrote: > > Some posters on this list have expressed their support > for the breakup of Russia, India, Iran, Iraq, Syria > and Turkey. > this is a bit of an unfair characterization, especially if it refers to my contributions on these threads. i should probably check the archives fir

Re: A Question for the Moderator

lar pressure can bring to bear on government. (I will eventually get back to the particular question posed by Ulhas, but I want to first establish what I think is a reasonable context in which to answer it and many similar questions.) Let's take a particular instance. Many leftists since the

Re: A Question for the Moderator

Michael Perelman, Some posters on this list have expressed their support for the breakup of Russia, India, Iran, Iraq, Syria and Turkey. I would like know what is your personal opinion in this matter. Ulhas The question, I thought, was whether Kurds, Kashmiris, and Chechens (as well as East

Re: A Question for the Moderator

--- Yoshie Furuhashi <[EMAIL PROTECTED]> wrote: If Kurds, Kashmiris, Chechens, etc. exercised the right to self-determination, would that necessarily result in the breakup of Iran, Iraq, Syria, Turkey, India, and Russia? Presumably, they could very well choose to remain part of the countries in wh

Re: A Question for the Moderator

--- Yoshie Furuhashi <[EMAIL PROTECTED]> wrote: The question, I thought, was whether Kurds, Kashmiris, and Chechens (as well as East Timorese, Albanians in Kosovo, etc. from recent history) have the right to self-determination. --- Yoshie, upon a little reflection, I think this is a pretty

Re: A Question for the Moderator

p of people are a nation defines the form of resolution of the national question and national factor for the Bolsheviks.   The various Indian nations are not nations in the modern Marxists sense of the word. In my estimate they are advanced national groups whose formation and gestation spans cent

Re: A Question for the Moderator

This was the problem that I was referring to when I was trying to describe a progression of fragmentations. I first began to think about this sort of problem when Lebanon began to fall apart. At first, it seemed to be a religious division, but then I began to realize that there were divisions wi

Re: A Question for the Moderator

Ours is a war for position and ideological and political statements are converted into policy . . . in real time. Who determines "what" is the great war of attribution and will. If we win over no we lose by default.   We cannot win over any segment of our working class on the basis of ideol

Re: A Question for the Moderator

Melvyn posed posed one of the truly difficult challenges that the left faces: learning how to learn from the masses at the same time as we supply them with information. Listening is a very difficult skill. I remember trying to speak with the boyfriend of my first wife's mother. He worked in a ga

Re: A Question for the Moderator

as the core material. I would be interested to learn which articles in PA you considered valuable and those which you found unhelpful on the subject of the national question. As I recall DuBois and James Jackson produced the best articles on the national question (especially as it regarded African

Re: A Question for the Moderator

At 6:22 AM -0700 7/31/04, Chris Doss wrote: --- Yoshie Furuhashi <[EMAIL PROTECTED]> wrote: The question, I thought, was whether Kurds, Kashmiris, and Chechens (as well as East Timorese, Albanians in Kosovo, etc. from recent history) have the right to self-determination. --- Yoshie, upon a

Re: A Question for the Moderator

In a message dated 7/31/2004 7:33:32 PM Central Standard Time, [EMAIL PROTECTED] writes:   I would be interested to learn which articles in PA you considered valuable and those which you found unhelpful on the subject of the national question. As I recall DuBois and James Jackson produced

Re: A Question for the Moderator

In a message dated 7/31/2004 7:33:32 PM Central Standard Time, [EMAIL PROTECTED] writes:   >As I recall DuBois and James Jackson produced the best articles on the national question (especially as it regarded African Americans) for PA in the 1950s, all of which broke with the "Bl

Re: A Question for the Moderator

--- michael <[EMAIL PROTECTED]> wrote: > This was the problem that I was referring to when I > was trying to > describe a progression of fragmentations. I first > began to think about > this sort of problem when Lebanon began to fall > apart. At first, it > seemed to be a religious division, bu

Re: A Question for the Moderator

Chris wrote: Look at the post-Soviet situation in the early 90s. The Union falls apart, and you immediately start having all these bloody ethnic conflicts around its former borders: Armenians vs. Azerbaijanis, Georgians vs. Abkhazians and Ossetians, Romanians vs. Russians, Ossetians vs. Ingush... T

Re: A Question for the Moderator

On the subject of foreign fighters in Chechnya, I should have added that, if memory serves, both the Kremlin and the various rebel sources put the number of foreigners in Chechnya at any given time at about 200. So, it's not a lot (given that there are supposedly about 1,500 full-time fighters). Bu

Re: A Question for the Moderator

I wrote: On the subject of foreign fighters in Chechnya, I should have added that, if memory serves, both the Kremlin and the various rebel sources put the number of foreigners in Chechnya at any given time at about 200. So, it's not a lot (given that there are supposedly about 1,500 full-time figh

question on university corporate governance courses

o pay reparations to countries whose per capita GDP is a factor of 10 times that for a war which all of the Iraqis who are now in government opposed" - Paul Bremer (in reply to a question whether, given Iraq's weakened economic condition, Kuwait and Saudi Arabia would accept a delay in t

Re: Estimating the surplus\Doug's question

Sorry, Doug, but too many conversations are going on at the same time on this. I think Tonak was making a different point. But, here's my foolish quick late night try (foolish since this is stuff you know well and I am just I taking the bait to find out to which element of these breakdowns you SPE

Re: Estimating the surplus\Doug's question

> Its not just Marxist but a Marxist & Classical concept: investment > drives the economy; expectation of future profit drives investment; current > profit rates *help* drive those expectations (all this in the 'long > run'). Hence the big focus on profit rates. You are partly correct I think, bu

Re: Estimating the surplus\Doug's question

Paul writes: > 1) Its not just Marxist but a Marxist & Classical > concept: investment > drives the economy; expectation of future profit drives > investment; current > profit rates *help* drive those expectations (all this in the 'long > run'). Hence the big focus on profit rates. Marx

Re: Estimating the surplus\Doug's question

Paul wrote: 1) Its not just Marxist but a Marxist & Classical concept: investment drives the economy; expectation of future profit drives investment; current profit rates *help* drive those expectations (all this in the 'long run'). Hence the big focus on profit rates. Fine with me (and Keyn

Re: Estimating the surplus\Doug's question

>Moseley re-cast the data into authentic Marxian categories. I agree with Doug. I also agree with G. Lukacs -- "Orthodox Marxism, therefore, does not imply the uncritical acceptance of the results of Marx's investigations. It is not the 'belief' in this or that thesis, nor the exegesis of a 'sacr

Re: Estimating the surplus\Doug's question

Michael Dawson wrote: If you add together profits, rental income, interest income, depreciation allowances, and, say, half of corporate officer compensation, straight out of NIPA tables, doesn't that give you a pretty clear picture of exploitation? Why "translate" this information into terms nobo

Re: Estimating the surplus\Doug's question

ductive. Marx's productive labor simply was productive of surplus-value, so that services could be productive. Marx's "unproductive labor" is involved in the circulation of commodities (rather than their production) or in supervisory roles in production. I find it relatively

Re: Estimating the surplus\Doug's question

Doug writes: ...I'm talking about things like NIPA profit measures. Why is it so important to translate those into allegedly Marxian categories. Every quarter when the flow of funds numbers come out, I divide NIPA profits by the FoF measure of the capital stock and get a profit rate for nonfinancia

Re: Estimating the surplus\Doug's question

Paul wrote: OK, I'll try, but please excuse the simplicity given the need for brevity. 1) Howard Dean announces that if elected he will exactly reproduce the Clinton era policies [never mind that he can't] but will re-distribute the growth back to working people WHILE achieving the same leve

Re: Estimating the surplus\Doug's question

d and defended against sectional interests and corrupt people, but, it's best if the research is relevant to the concerns of the constituency of the socialists. I.e., the research provides means for more objective evaluation of political policy. I think a useful question to discuss is, "what

Re: Estimating the surplus\Doug's question

Doug writes: I'd make the same argument using the real wage and the wage and profit shares of national income plus an analysis of the balance of class power. I saw that the profit rate, by my vulgar measure, fell during the 1970s and rose during the 1980s and 1990s. What happened? Unions were broke

Re: Estimating the surplus\Doug's question

Paul wrote: The two eras differ not just "just" the contrast in fairness (a big enough issue) but the contrast in terms of actual increases in the productivity of capital. Wolff shows the Reagan-Clinton era as not just treating the average person badly, but for no real *sustainable* gain in the

Re: Estimating the surplus\Doug's question

I have been trying to find the time to join this interesting discussion on the rate of profit in the US economy. My classes finally ended yesterday. A few comments: 1. I think we can all agree on the "big focus of profit rates", as Paul put it - that the rate of profit is the most important va

Re: Estimating the surplus\Doug's question

s, in > spite of the loss of workers' power and stagnant real wages - > because the > ratio of unproductive to productive labor has continued to increase. A big question: _why_ does the ratio of unproductive to productive labor increase over time? if this ratio is squeezing profits,

Re: Estimating the surplus\Doug's question

Devine, James wrote: Hi, Fred. you write: spite of the loss of workers' power and stagnant real wages - because the ratio of unproductive to productive labor has continued to increase. A big question: _why_ does the ratio of unproductive to productive labor inc

Re: Estimating the surplus\Doug's question

Paul,. your story makes sense (though I'd add a lot). My question is for Fred, though. The classical Marxian story stresses the role of the "organic composition" rising due to some societal or technological imperative. For Fred, the rise of the ratio of productive to unproduct

Re: Estimating the surplus\Doug's question

Fred B. Moseley wrote: 5. The most popular "radical-Marxian" explanation of these profit rate trends has been the "reserve army profit squeeze" theory - that low unemployment rates in the late 1960s and early 1970s increased workers power, and enable them to gain substantial wage increases and to

Re: Estimating the surplus\Doug's question

paul phillips wrote: Since that time, we have been in a period of demand constraint. Not hardly in the U.S. The 1990s expansion was the most consumption-intensive in history. The MPC was something like 104% measured over the whole cycle. It's been something like 99% since the early-2001 peak. Doug

Re: Estimating the surplus\Doug's question

--- Doug Henwood <[EMAIL PROTECTED]> wrote: The MPC was something like 104% > measured over the whole cycle. It's been something > like 99% since the early-2001 peak. What does MPC stand for? Mike B) = * Where parents do too m

Re: Estimating the surplus\Doug's question

with a rise in consumption of $1.04.   Michael Yates - Original Message - From: Mike Ballard To: [EMAIL PROTECTED] Sent: Saturday, December 13, 2003 1:56 PM Subject: Re: [PEN-L] Estimating the surplus\Doug's question --- Doug Henwood <[EMAIL PROTECTED]> wr

Re: Estimating the surplus\Doug's question

Thank-you Michael! Mike B) --- MICHAEL YATES <[EMAIL PROTECTED]> wrote: > MPC is marginal propensity to consume. It is equal > to the change in consumption divided by the change > in income. An MPC of .99 would tell us that as > consumer income rises by a dollar, consumption rises > by 99 cents.

Re: Estimating the surplus\Doug's question

Mike Ballard wrote: --- Doug Henwood <[EMAIL PROTECTED]> wrote: The MPC was something like 104% measured over the whole cycle. It's been something like 99% since the early-2001 peak. What does MPC stand for? Marginal propensity to consume. The percentage of growth in income which is consumed. Fo

Re: Estimating the surplus\Doug's question

--- Doug Henwood <[EMAIL PROTECTED]> wrote: > Marginal propensity to consume. The percentage of > growth in income > which is consumed. For example if your income in > year 1 was 10,000 > and your consumption 9,000, and in year 2 it was > 11,000 and > consumption 10,200, your MPC would be computed

Re: Estimating the surplus\Doug's question

Are there other numbers to tell us how much of this is comsumption to physically survive? Joanna Doug Henwood wrote: Mike Ballard wrote: --- Doug Henwood <[EMAIL PROTECTED]> wrote: The MPC was something like 104% measured over the whole cycle. It's been something like 99% since the early-2001

Re: Estimating the surplus\Doug's question

joanna bujes wrote: Are there other numbers to tell us how much of this is comsumption to physically survive? There was a Fed study published in 2001 that argued that it was mostly driven by the upper quintile of the distribution

Re: Estimating the surplus\Doug's question

Doug Henwood wrote: > > joanna bujes wrote: > > >Are there other numbers to tell us how much of this is comsumption to > >physically survive? > > There was a Fed study published in 2001 > > that argued that it was mostly driven by

Re: Estimating the surplus\Doug's question

> paul phillips wrote: > > >Since that time, we have been in a period of demand constraint. > > Not hardly in the U.S. The 1990s expansion was the most > consumption-intensive in history. The MPC was something like 104% > measured over the whole cycle. It's been something like 99% since the > early

Re: Estimating the surplus\Doug's question

Oh, I wasn't being puritannical and Lear was just another big male baby who failed to see that we must "endure our going forth, even as our coming hither." -- brutal but true... Joanna Carrol Cox wrote: Doug Henwood wrote: joanna bujes wrote: Are there other numbers to tell us how much of th

Re: Estimating the surplus\Doug's question

er the > > profit squeeze > > explanation is that it provides a consistent explanation of > > why the share > > and rate of profit have only partially recovered in recent decades, in > > spite of the loss of workers' power and stagnant real wages - > > becaus

Re: Estimating the surplus\Doug's question

On Fri, 12 Dec 2003, paul phillips wrote: > Devine, James wrote: > > >Hi, Fred. > > > >you write: > > > > > >>spite of the loss of workers' power and stagnant real wages - > >>because the > >>ratio of unproductive to product

Re: Estimating the surplus\Doug's question

On Fri, 12 Dec 2003, Devine, James wrote: > Paul,. your story makes sense (though I'd add a lot). My question is > for Fred, though. The classical Marxian story stresses the role of the > "organic composition" rising due to some societal or technological > imperative

Re: Estimating the surplus\Doug's question

On Sat, 13 Dec 2003, Doug Henwood wrote: > Fred B. Moseley wrote: > > >5. The most popular "radical-Marxian" explanation of these profit rate > >trends has been the "reserve army profit squeeze" theory - that low > >unemployment rates in the late 1960s and early 1970s increased workers > >power,

Re: Estimating the surplus\Doug's question

Fred B. Moseley wrote: You are comparing a cyclical low (1982) with a cyclical high (1997). And do your estimates include interest? 1997 was four years before the cyclical high, actually. But the 1982 low was in many ways - political as well as economic - a point of structural reversal. Mexico's d

Re: Estimating the surplus\Doug's question

On Sun, 14 Dec 2003, Doug Henwood wrote: > Fred B. Moseley wrote: > > >You are comparing a cyclical low (1982) with a cyclical high (1997). > >And do your estimates include interest? > > 1997 was four years before the cyclical high, actually. But the 1982 > low was in many ways - political as well

[PEN-L:7243] Re: NATO question?

, which would involve the new members -- unless (a) the rules have been changed, perhaps creating a two-tier system, or (b) the formal agreement was very vague. Wojtek wrote: >This may sound like a naive question, but does anyone know what was the >role, if any, of the new Eastern Europea

[PEN-L:6309] Re: historical question

G'day Michael, >I used the term postmodernism to reflect the wierd sort of splitting up >of broad political groupings in unexpected ways. Yeah, you did - but I'm not sure it's that weird in a world where PR so deeply penetrates public communications (you have be time-rich or professionally bless

Re: Question about the profit rate

to answer your question, > because (1) it depends > on how you define the general rate of profit. For > example, do you include > taxes in the mass of surplus-value, if so, which > taxes. (2) It is not clear > what exactly you mean by endogenous/exogenous. Very > few people t

Rethinking the transition from feudalism question

>From the introduction to the newly published "Making a Living in the Middle Ages: The People of Britain 850-1520" by Christopher Dyer: In the middle decades of the twentieth century, the progressive Whiggish view of economic change was challenged by M. M. Postan, who questioned many of the as

Question about the economics of information

This may be a stupid question, but does anyone of the esteemed economists on the list know where I would find a systematic and rigorous analysis of "information as a commodity" ? I just read Michael Perelman's book about class warfare in the information age, which contains a lo

Question about the economics of information

Question about the economics of information On 2002.05.23 05:16 AM, "Jurriaan Bendien" <[EMAIL PROTECTED]> wrote: > > All we really get from Marx about the concept of the commodity itself > however is the idea that the commodity has a value, an exchange-value > a

Question about the economics of information

Well my question may be been naively stupid, but I nevertheless got some very interesting responses. Thank you all very much. I did read Michael's book on the information age, but he doesn't really go into the implications for Marxian value theory explicitly, that is all. My thought w

Re: RE: Re: Re: Simple question

> >JD: whereas Arthur Anderson is (was?) a partnership, without limited >liability protection? > >Nowadays, there are such things as LLPs, limited liability partnerships, >though I don't think that AA was one of those. (please correct me if I'm >wrong.) > Ordinary partners are jointly and server

Question on US local government revenues

I've scanned the footnotes and definitions for data for US local government finances, but can't figure out: Do state and the federal govt. pay property taxes to local governments in the US? Or, do they pay a grant in lieu of property taxes (as in Canada), and if so, is it included under prope

New question to Mark (was oilism)

Hi everybody: Sorry. I don't intend to absorb your attention with non-demanded issues, and I have just discovered this one goes on for a long time with everybody standing in the same original position. But… I would like to ask Mark Jones (if nobody has done it until now) if he is aware that

Question about Isbister's Capitalism and Justice

Has anyone read the book in the subject line? It was published in Jan 2001. I'm thinking of using for a public finance course but only know the name of the book and that he is a progressive. Thanks. Eric Nilsson Economics CSUSB

Re: Re: Little Finance Terminology Question

Onya, Doug! Although I hadn't realised enough NASDAQ companies were projecting dividends to allow the calculation. And would that be Fisher Black, the dude you chide in WS for calculating risk in terms of deviation from an expected return, rather than factoring in a notion inferred by the rest u

Re: RE: Stupid profit rate question

Jim is right. What is the cost per unit? Does it include the depreciation of durable plant and equipment? If so, the invested value of the durable plant and equipment would be in the denominator. Because economists and accountants have no realistic way of putting a value on durable equipment,

Re: Re: Stupid profit rate question

replace "profit" with "price per unit," that's more like a profit >margin. Yes, stupid typo for a stupid question. The formula should be: 100% * ((price per unit - unit cost) / unit cost) >a profit _rate_ would measure total profit [(price - unit cost) times th

Re: Re: Stupid profit rate question

On Monday, December 10, 2001 at 16:15:35 (-0800) Michael Perelman writes: >Jim is right. What is the cost per unit? Does it include the >depreciation of durable plant and equipment? If so, the invested value of >the durable plant and equipment would be in the denominator. > >Because economists

Re: Re: Stupid profit rate question

On Monday, December 10, 2001 at 17:31:20 (-0800) Michael Perelman writes: >Bill, turnover rates are an important factor. If a supermarket sells a >loaf of bread each day. The bread costs $1 and it sells for $1.01. But >it makes $3.65 per year on the bread. I guess I should say that what I'm in

RE: Re: Stupid profit rate question

nting capital and paying managers what they could earn in alternative employment, the extent of remaining surplus that it has 'nationalized' is in some doubt. In the pharmaceuticals case, it would might own patents and collect rents they earn. But where would it get the patents? What'

Re: Re: Stupid profit rate question

lternative employment, the extent of remaining >surplus that it has 'nationalized' is in some doubt. In the >pharmaceuticals case, it would might own patents and >collect rents they earn. But where would it get the patents? >What's really in question is the ownership of th

Re: Re: Stupid profit rate question

Max, I never intended to implement contracting out would be easy. You gave a number of examples of government screw-ups. Won't they be almost inevitable so long as the government is permeated with corporate influence? "Max B. Sawicky" wrote: > MP suggested contracting was an easy alternative,

RE: Re: FW: question on economics

a student asked: >>I am having trouble understanding Marx's labor theory of value. Is it true that prices reflect the law of value because prices tend in the long term to stay a certain price for some time relativly interupted by laws of supply and demand ?(as Mandel says for example) From What i

RE: RE: Re: Question about Microeconomics

I didn't realize that Smith moved to GMU. That is an interesting development. Kind of solidifies GMU as sort of *the* free market 'heterodox' dept. or alternative mainstream dept, depending on how you define orthodoxy, etc. They have Buchanan (Public Choice), Vaughan, Boettke, D. Lavoie et al (A

Re: Re: Re: Re: Michael's Question

Doug Henwood wrote: > > Michael Perelman wrote: > > >Yes, Doug says that with Cuba, it could only happen because of the USSR. > > You didn't answer any of my other questions about a post-liberal > revolutionary society. > Do you draw any distinction between the hypothetical situation of a r

Re: Re: Re: Re: Michael's Question

m -Original Message- From: Doug Henwood <[EMAIL PROTECTED]> To: [EMAIL PROTECTED] <[EMAIL PROTECTED]> Date: Monday, September 03, 2001 6:54 PM Subject: [PEN-L:16643] Re: Re: Re: Michael's Question >Michael Perelman wrote: > >>Just imagine if a power, much, m

Re: Re: Re: Re: Michael's Question

I don't really have much to contribute. US popular culture is powerful, perhaps some sort of bandwagon effect, where everyone wants to identify with what is popular. On Mon, Sep 03, 2001 at 09:54:36PM -0400, Doug Henwood wrote: > Michael Perelman wrote: > > >Yes, Doug says that with Cuba, it co

Re: Re: Re: Re: Michael's Question

fire", for >example. The >anarchist will tell you that people properly emancipated would enforce such a >rule and not wait around for a security guard to do it. One reason why I'm not an expert on anarchism is that I always run into this kind of answer. I ask the question:

Re: Re: Re: Re: Michael's Question

I have to run to class, but a quick answer is that we in the US have the obligation to try to help to create the space for No. 3. On Tue, Sep 04, 2001 at 01:00:50PM -0400, Doug Henwood wrote: > > Ok, so the alternatives are: 1) be open and democratic, and the US > will overthrow you, or 2) be a

Re: Re: Re: Re: Michael's Question

Doug Henwood wrote: > > Carrol Cox wrote: > > >These states did not fall _because_ they were democratic; they fell > >because the U.S. undermined or attacked them. But those who are all hot > >for third-world anti-imperialist democracy need to explain how these > >states might have survived. I

Re: Re: Re: Re: Michael's Question

> Ian writes: > >How's the quote go; "democracy is the worst form of government, except > >for all the others?" Do you _really_ think I'm a fan of Churchillian > >personalities? > > no, I don't. I was reacting to the fact that Churchill -- who was clearly > an anti-democrat -- gets quoted so of

Re: Re: Re: Re: Michael's Question

e: Michael's Question >I wrote: > I ask the question: "what happens if the anarcho-syndicalist >commune across the river democratically decides to build a nuclear power >plant (or to pollute the river)?"...The answer, of course, is that they >wouldn't do it, since

Re: Re: Re: Re: Michael's Question

- Original Message - From: "Jim Devine" <[EMAIL PROTECTED]> To: <[EMAIL PROTECTED]> Sent: Tuesday, September 04, 2001 12:46 PM Subject: [PEN-L:16705] Re: Re: Re: Michael's Question > I wrote: > I ask the question: "what happens if the anarcho-

Re: Re: Sweatshop and Underpollution Question

Yes, my voice recognition software is not feeling good today. I am typing my response. Brad De Long wrote: > >If market forces are supposed to allow poor nations to develop by > >accepting sweatshops and pollution, why has the recent upsurge in > >neoliberalism led to greater equality within na

Re: Re: The question of Spain

>So you're saying that Brenner and other historians are ignorant of what >happened in Spain. This -- ignorance -- is exactly the kind of thing that >professional historians are quite willing to admit to. But given this >_general_ ignorance, we can't presume that Brenner is either right or wrong

Re: Re: Question for the Lefties

n a power plant leads to scrubbers actually being on a power plant. 4. That of course leads to the question, wouldn't "society" have been better off -- "more efficient" relying on a REGULATION to require scrubbers on the power plants rather than relying on the market to d

RE: Re: Question for the Lefties

Regarding black markets: Tom replied: Your question presumes markets are anathema to socialists and I agree that is a fair assumption with regard to "traditional marxists". There are also market socialists, such as Justin Schwartz on this list. I happ

Re: Final exam question: Op-ed

Come to think of it, why don't I just recycle the op-ed piece I wrote this week for Straight Goods "Canada's independent - reader-supported - on-line source of news you can use http://www.straightgoods.com. . .": Remembrance of Work Time Standards Lost Twenty-five years ago, two-thirds of the Ca

Why Is the Sky Blue Question

For the macro-economically inclined . . . People talk about economic recovery being 'fueled' or propelled by investment spending. Isn't this a non-sequitur? If there is a dollar less of investment spending, mustn't there be a dollar more of consumption spending? The exception would seem to be

Re: Re: question on trade _theory_

At 09:09 AM 4/24/01 -0700, you wrote: >In _For the Common Good_ , Cobbs and __ state that factor mobility >(especially of capital) cannot be incorporated in the theory of >comparative advantage. Is this correct? I seem to recall someone on this >list stating otherwise. Take a standard Ric

Re: Re: question on trade _theory_

I'm the offending party. Look at any mainstream trade text (e.g. Salvatore); it will have at least one chapter, usually several, on capital mobility. Paul Krugman built his career on a wrinkle concerning factor mobility -- economies of agglomeration, etc. Herman Daly was just wrong on this. Fo

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