Re: Re: RE: Re: Re: Speaking of volatility

2001-07-13 Thread Michael Perelman
Nobody is salivating over the prospect of the working class suffer, but it did not do that well during the Clinton boom. But I do relish the downfall of many highly leveraged businesses. I recall your glee at the demise of some of the dot.coms -- a pleasure,which I shared with you. Although

Re: Re: RE: Re: Re: Speaking of volatility

2001-07-13 Thread Rob Schaap
Hi again Doug, Actually I think it's quite relevant to the intellectual and political marginalization of left political economy - it has no analytical vocabulary for talking about good times, If the times are usually good for most people, and sustainably so, well, I wouldn't be a lefty.

Re: Re: Re: RE: Re: Re: Speaking of volatility

2001-07-13 Thread Doug Henwood
Michael Perelman wrote: Nobody is salivating over the prospect of the working class suffer, but it did not do that well during the Clinton boom. But I do relish the downfall of many highly leveraged businesses. I recall your glee at the demise of some of the dot.coms -- a pleasure,which I

Re: Re: Re: Re: RE: Re: Re: Speaking of volatility

2001-07-13 Thread Michael Perelman
Doug, I don't entirely disagree with you, but part of the problem w/ the Asian crisis was that it was localized -- leaving the neoliberal juggernaut relatively unaffected. It was the worst of both worlds -- a crisis with a neoliberal solution. On Fri, Jul 13, 2001 at 12:34:44PM -0400, Doug