Re: Re: Re: RE: US foreign investment

2002-04-18 Thread Doug Henwood
Carrol Cox wrote: >I don't see what points (yours or anyone else's) are or are not being >"proved." It's widely believed that foreign investment is largely about chasing low wages. But most FDI is targeted at high-income countries. It's also widely believed that imperial investment is the sour

Re: Re: RE: US foreign investment

2002-04-18 Thread Carrol Cox
Doug Henwood wrote: > > Not to mention that picking two countries out of a hundred or so says > absolutely nothing about the data or any analytical technique > associated with it. > > Though the fact that U.S. assets in Norway are 130 times those in > Nicaragua, and there are 23 times as many

Re: RE: US foreign investment

2002-04-18 Thread Doug Henwood
Not to mention that picking two countries out of a hundred or so says absolutely nothing about the data or any analytical technique associated with it. Though the fact that U.S. assets in Norway are 130 times those in Nicaragua, and there are 23 times as many MNC affiliates there, comes close

Re: Re: Re: US foreign investment

2002-04-18 Thread Louis Proyect
I am curious about the stats you chose. I guessed that you were trying to show something like the rate of exploitation (ie. that wages were a lower fraction of assets than income). But there is no clear reason why income should be a higher fraction of assets than any given expense (like wages) mea

Re: Re: US foreign investment

2002-04-18 Thread christian11
Lou wrote >I take the question of development and statistics quite seriously. If Henwood wanted >to respond to what I wrote, he could have explained why the statistics instead >revealed some deeper truths about Nicaragua and Norway. I am curious about the stats you chose. I guessed that you

Re: Re: RE: Re: US foreign investment

2002-04-17 Thread Michael Perelman
Lou, I don't think Jim was singling you out. I agree that Doug tweaked the first with the Lenin barb. Ordinarily, it would've passed without notice, except that you two have a history. Like I mentioned a minute ago, nothing outrageous has occurred. Like Jim, I noticed the temperature rising.

Re: RE: Re: US foreign investment

2002-04-17 Thread Louis Proyect
On Wed, 17 Apr 2002 14:33:53 -0700, Devine, James wrote: > >getting away from sparring such as the above, it >seems to me that if one wants to understand the >concrete condions, it really helps to have >statistics. Both kinds of analysis seem >relevant, and can be complementary. >JD Let me take t

Re: Re: Re: US foreign investment

2002-04-17 Thread Michael Perelman
Why not cool the sparring, to use Jim D.'s expression. Nobody has done anything terribly provocative so far, but let us keep it that way. On Wed, Apr 17, 2002 at 05:18:55PM -0400, Louis Proyect wrote: > >In other words, if the contemporary statistics > >don't say what you want them to, turn to

RE: Re: US foreign investment

2002-04-17 Thread Devine, James
Louis Proyect wrote:>>You'll notice that (D) & (E) are practically the same for each country. So can you draw any meaningful inferences about whether the same level of exploitation exists for both countries? Obviously not. Bottom line, we have to avoid the temptation to do economic analysis based

Re: Re: US foreign investment

2002-04-17 Thread Louis Proyect
>In other words, if the contemporary statistics >don't say what you want them to, turn to Lenin >instead. > >Doug Better than Lacan. -- Louis Proyect, [EMAIL PROTECTED] on 04/17/2002 Marxism list: http://www.marxmail.org

Re: Re: US foreign investment

2002-04-17 Thread Michael Pugliese
[13938] Varga, Eugene And L. Mendelsohn. New Data for Lenin's "Imperialism". NY: International, 1940. Hard Cover. Very Good / Very Good. 322 pgs., very light oxidation stains to endpapers, lightly bumped spine ends, slight rubbing to corners, dj lightly rubbed at edges with a few very small te