Nothing like opening an old wound, or picking at a scab, but
I think it might be worth everybody's while to actually read the paper
by Robert Allen on agricultural productivity, actually read it
carefully, and read it alongside Brenner's own paper on: Property
Relations and the Growth of Agric
- Original Message -
From: "Louis Proyect" <[EMAIL PROTECTED]>
To:
Sent: Sunday, May 06, 2007 2:46 PM
Subject: Re: [PEN-L] Engels on Transition
Well, Brenner says that agrarian capitalism began in the 16th century,
not the 17th century. As Allen's numbers point out, there was no
differ
Actually, I know, because I've talked to him about exactly that. As for
not writing about Latin America and slavery, well... he's not Dr. Eric
F. Williams. Brenner has specialized in a certain era, and certain
production relations, and he has explored those in great detail.
- Original Messag
Think we have the right to demand better than the commentsfrom Yoshie.
These "mind you own business, ofay. It's a black thang" riff
compounded by the smear of calling critical analysis of Iran support for
imperialism is one sure way of getting worse than nowhere, and
absolutely ensuring that capi
What's truly tedious about Yoshie's comments is that clearly those who
present a Marxist critique of Iran are those who openly oppose, and
mobilize others to oppose, US, European, and UN policies and aggression
against Iran. She is raising a false issue.
Doesn't this whole thing read like Fastow's shells at Enron?
- Original Message -
From: "Michael Perelman" <[EMAIL PROTECTED]>
To:
Sent: Monday, May 07, 2007 12:24 AM
Subject: [PEN-L] Private Equity, Intellectual Property, Tax Manipulation
> Private equity supposedly companies make their
- Original Message -
From: "Louis Proyect" <[EMAIL PROTECTED]>
To:
Sent: Monday, May 07, 2007 10:10 AM
Subject: Re: [PEN-L] More on Transition, Brenner, Allen, Productivity
LP: I suppose there is no need to explain why England's agrarian
productivity was on a par with the rest of "precap
The below, about "plucky yeoman farmers" and the "despotic East" is not
at all what Brenner argues. Again I recommend we actually read his
work.
- Original Message -
From: "Louis Proyect" <[EMAIL PROTECTED]>
To:
Sent: Monday, May 07, 2007 1:24 PM
Subject: Re: [PEN-L] More on Transition,
- Original Message -
From: "Louis Proyect" <[EMAIL PROTECTED]>
To:
Sent: Monday, May 07, 2007 10:31 PM
Subject: Re: [PEN-L] More on Transition, Brenner, Allen, Productivity
>>
> There's only one problem. Marx never prioritized agriculture when it
came to the question of the birth of capi
We're repeating ourselves here.. but one last time.. elegant,
impassioned, incisive, informed as Marx's chapters on the genesis of
the industrial capitalist are, those paragraphs are describing what
accompanies the transformation of mercantile and commercial capitalism
into industrial-- and Marx g
LP writes: "When an Incan peasant or an Ashanti peasant gets shackled
to a silver mine or a sugar plantation, they become proletarians. Marx
understood
this,..."
That is simply not accurate. Marx devoted much time and effort in
distinguishing the specifics of labor organization defin
No doubt about it. Venezuela is not utopia. But this, the
"progressive" nature of a society, is not just a question of equal
distribution. It is also a question of development of the organs of
class power. And in this regard, with the Bolivarian circles of
Venezuela, the neighborhood and fac
Of critical importance, I think, is the historically higher rate of
fatal/servere accidents for subway workers.
Regulations requiring what is called "roadway worker protection"--
workers on or about tracks-- are more stringent for railroads regulated
by the Federal Railroad Administration. Ten
Couple of things: Whether left or right, PDVSA or Saudi Aramco, these
copies function in, and are subordinate to the world markets.
Consequently, their "social nature" is absolutely circumscribed by the
private property of capitalism, and sooner or later, the "left national"
state property hits th
Regarding nuances-- I have to take issue with the moderator's version
of Marx's nuances.
Marx's assessment of negative, was not a moral, balancing, or
equivocating analysis. It most certainly was not a "one the one
hand., on the other hand.." type of analysis.
It is most certainly is a
I think to answer the question of "how would you.." or "what if" we
really need to look at " what is " and "how it got there"so the
stabilization fund, (a favorite of the World Bank and the IMF, tailing
here, as they usually do, private banks who secure debt lines to
producing countries with
translation, please. maybe offlist?
- Original Message -
From: "Louis Proyect" <[EMAIL PROTECTED]>
To:
Sent: Saturday, May 12, 2007 9:31 PM
Subject: Re: [PEN-L] SCIRI Drops Khamenei, Al-Hakim Calls for US-Iraq
"Security Agreement"
> >A new development that is probably very good for my d
on Fund: Interview with Economy
Minister German Gref
> On 5/12/07, sartesian <[EMAIL PROTECTED]> wrote:
> > What would I do with all that money? Honestly? Everything I could
to
> > organize and finance an international socialist revolutionary
movement,
> > hoping to beat
I'm no economist, but I think Marxist economists would find more to
disagree with in the interview than areas of agreement. I'm no
economist but I sure find more to disagree with.
A general comment-- I've been reading variations on this theme--"The
Coming Collapse," "The Perfect Storm"--since 20
I appreciate Ted's reproduction of Smith's comments on this process,
but... Brenner shows how Smith has to assume capitalist relations in
order to explain these capitalist relations. Brenner goes into this
pretty extensively in several worksI would recommend Property and
Progress: Where Adam S
I checked back into my files, and the paper by Brenner has not yet been
published-- it will be available soon.
This, the imposition of crops in terrain not exactly suitable, is
critical- and an index to the inadequacy, and dominance, of the world
markets regarding human needs. Similar process goes on in Africa.
Even where the terrain, the climate,can support a particular crop or
crops, production has litt
Speaking of film--
Homage to Cannes, again
http://thewolfatthedoor.blogspot.com
good for a laugh, I hope.
The Yankees look terrible. If this is May in New York, I don't want to
be here in November. What else is there besides Marx? I mean other
than looking at and listening to Beyonce, and Shakira?
So OK, here goes. First some quotes from Ted, quoting Smith, Hegel,
Marx:
1."It is thus that through
Ted,
I don't think I'm arguing against what Marx sees as the capability of
human labor to appropriate, mediate the human interaction with nature,
but this "general description" of the function of labor does not give us
the specifics as to how that labor is organized, how the forms of
property are
Euell Gibbons valuable, but Grundrisse irrelevant?
Nuts.
As for your example of socio-economic options:
Do you think Cuba would have lasted 6 months without the victory of the
Russian Revolution?
You think the Venezuelan struggle would have made it this far if oil
prices were anywhere close to
But Brenner's and Wood's definition of capitalism is not the competition among
commodity producers. Brenner's definition is the separation of the conditions
of labor, and the laborer, from the means of labor and, initially, critically,
the means of subsistence. It is a definition based on soci
And just to make sure no call goes without a response-- my reply to LP's
blog:
Note that Marx says: "England at the end of the 17th century, they
arrive at a systematical combination, embracing the colonies, the
national debt, the modern mode of taxation, and the protectionist
system." They arri
Actually correct. And Catalonia was not Spain. Brenner shows that the
social relations of production governing agriculture in Catalonia were
in direct contrast and conflict with Spain.
- Original Message -
From: "Louis Proyect" <[EMAIL PROTECTED]>
To:
Sent: Saturday, May 26, 2007 1:01 A
I forgot to add-- the capitalist agricultural relations in Catalonia in
the 15th century precede the organization of the commercial slave trade,
the growth of commerce, and the destruction of the indigenous peoples of
the Caribbean and the Americas.
- Original Message -
From: "Louis Proyect
verything.
s.a.
- Original Message -
From: michael a. lebowitz
To: PEN-L@SUS.CSUCHICO.EDU
Sent: Saturday, May 26, 2007 1:49 PM
Subject: Re: [PEN-L] What Marx meant by primitive accumulation
At 23:56 25/05/2007, sartesian wrote:
But Brenner's and Wood's defi
Where are the vowels?
- Original Message -
From: "Sandwichman" <[EMAIL PROTECTED]>
To:
Sent: Saturday, May 26, 2007 2:18 PM
Subject: Re: [PEN-L] From Nitzan & Bichler: "The Gods Failed, The
Priests Lied" (in Hebrew)
> You can say that again!
>
> On 5/25/07, Jonathan Nitzan <[EMAIL PROTE
I think LP's submission regarding Jefferson and the "improvement" of
agriculture, particularly slave-based plantation agriculture, is an
important contribution to this discussion. But not, perhaps, for the
same reason LP might think.
LP (I think) submits this because agricultural "improvement" is
PROTECTED]>
To:
Sent: Sunday, May 27, 2007 12:41 PM
Subject: Re: [PEN-L] What Marx meant by primitive accumulation
> sartesian wrote:
>
> >However (again!), the record of plantation production in the US--
> >"capital" investment, percent of acreage sequestered
Interesting questions. Good source for some of this is US BEA.
Interesting paper presented in Ottawa on bringing the bacon back home:
http://www.bea.gov/papers/pdf/06IAOS_Ottawa5.pdf
- Original Message -
From: "Marvin Gandall" <[EMAIL PROTECTED]>
To:
Sent: Sunday, May 27, 2007 11:55 AM
on
of the other. For that to occur, labor must be separate for any use,
save its use in exchange. It, labor has to be separated from the
conditions of labor, from the means of subsistence.
- Original Message -
From: "Louis Proyect" <[EMAIL PROTECTED]>
To:
Sent: Sunday, Ma
To get at the distinction between wage-labor and slave labor, and what
it means for both the laborer and the plantation owner, and to see what
happens regarding technology and social relations, I can think of no
better work than John C. Rodrigue ]Reconstruction in the Cane Fields[.
- Original
t; <[EMAIL PROTECTED]>
To:
Sent: Sunday, May 27, 2007 6:06 PM
Subject: Re: [PEN-L] What Marx meant by primitive accumulation
sartesian wrote:
>To get at the distinction between wage-labor and slave labor, and what
>it means for both the laborer and the plantation owner, and to see w
Marx meant by primitive accumulation
> * Next by Date: Re: Consumer Behavior and Tipping
> * Previous by thread: Re: What Marx meant by primitive
accumulation
> * Next by thread: Re: What Marx meant by primitive accumulation
> * Index(es):
>
> *
n create, exist in and depend upon the
organization of its own negation. And I know Marx said that.
- Original Message -
From: "Louis Proyect" <[EMAIL PROTECTED]>
To:
Sent: Sunday, May 27, 2007 6:40 PM
Subject: Re: [PEN-L] What Marx meant by primitive accumulation
&g
Actually think it would be better for other list members to identify the
issues at the heart of the dispute and weigh in if they care to.
- Original Message -
From: "Michael Perelman" <[EMAIL PROTECTED]>
To:
Sent: Monday, May 28, 2007 12:30 AM
Subject: Re: [PEN-L] What Marx meant by pri
I do not disagree with the moderator's interruption of the debate
regarding the Brenner thesis.. I do mean "interruption" as I am sure
the issue will arise again and in the not too distant future.
It was clear that near the end, the issues were carrying a little bit
more than just "the issues," w
Nothing new there. Used to be called social darwinism, then
socio-biology; now social molecular biology.
Same old, same old eugenics. Pseudo-science.
- Original Message -
From: "Jim Devine" <[EMAIL PROTECTED]>
To:
Sent: Wednesday, May 30, 2007 6:31 PM
Subject: Re: [PEN-L] Altruism: hard
- Original Message -
From: "michael a. lebowitz" <[EMAIL PROTECTED]>
To:
Sent: Friday, June 01, 2007 7:44 PM
Subject: [PEN-L] dicta
> At 16:21 01/06/2007, sartesian wrote:
>
> >Just a point, and I don't think it's minor or just
> >semantic. There i
For a dialectician, for Marx, extraction of the real content requires
the overthrow of the alienated form. Political economy is precisely the
alienated form.
- Original Message -
From: "Shane Mage" <[EMAIL PROTECTED]>
To:
Sent: Friday, June 01, 2007 11:08 PM
Subject: Re: [PEN-L] dicta
>
Michael,
First, I sense I may have personally offended you, and/or others. That
is not at all my intention.
But regarding Marx's statement addressing the First International
Marx's makes lots of statements that may or may not be consistent with
the focus of the great body of his workfor
OK, will check into those works... and try to avoid expressing
disagreements as dicta.
- Original Message -
From: "michael a. lebowitz" <[EMAIL PROTECTED]>
To:
Sent: Saturday, June 02, 2007 9:51 AM
Subject: Re: [PEN-L] dicta
> At 08:04 02/06/2007, sartesian
Jeez-- guy really knows how to abuse a metaphor, doesn't he?
- Original Message -
From: michael a. lebowitz
To: PEN-L@SUS.CSUCHICO.EDU
Sent: Sunday, June 03, 2007 1:55 PM
Subject: Re: [PEN-L] Re: [PEN-L] Re: [PEN-L] The current
counter-revolutionary offensive in Venezuela - wh
Yes, and as the free marketeers of the Chicago School, Friedman's offspring,
showed us in Chile, capitalism has no difficulty preserving dissent and
dissenters... in formaldehyde, in concrete overcoats, and at the bottom of the
Pacific.
Let me just add, the Pinochet coup was entirely predictab
Wasn't it Hegel who said "Liberalism is the philosophy of the abstract
that capitulates before the world of the concrete"?
Whoever said it, Mr. Shemano's comments are the proof of the assertion.
More than capitulation, there is real disavowal, denial of reality in
his (somewhat snide) musings--
Charles,
You are engaging in sophistry, not analysis. I am asking you to explain
the real expansion that took place in the capitalist economy, its
stumbling, and its "recovery" from the stumble based on your claim that
the rate of profit declines because workers cannot purchase enough
goods. Jim
I don't make predictions, Charles, like that. Just like I don't predict
when the oil is going to run out, or when capitalism will be overthrown.
I did predict in 2004 that Bush would suspend the election, and I came
close on that one as Tom Ridge did develop plans to do just that "if
events warra
No, the Supreme Court has not said exactly that, because in fact the CP
and others were not advocating sabotage, destabilizing, insurrection.
The Supreme Court has made it quite clear that "sabotaging,
destabilizing" are not protected actions.
More than that, no Supreme Court decision has ever
But of course, the killing for diamonds or petroleum has nothing to do
with the supply of either, but with profit.
As a pro-Hubbert instructor at the Colorado School of Mines said, "Oil
companies have no interest in making oil. They only care about making
money."
- Original Message -
From
Replacement rates and reserves are economic categories, dependent upon
exploration and development, and of course exploration and development
costs.
After the overproduction and overaccumulation of the 90s, in both the
commodity itself, in the fixed assets, and the leases for exploration,
the oil
mandered, joke of minimal global
> proportion. I don't bother discussing them at all in relation to 'peak
> oil'.
>
> Leigh
>
>
> On 6/14/07, sartesian <[EMAIL PROTECTED]> wrote:
> > Replacement rates and reserves are economic categories, dependent
e generated.
>
> Turner referred to projects like Syncrude's raising of Bison as "a big
> show piece... good PR work for them."
>
> "It's never going to be what it was," said Turner. "Tailing ponds will
> be there for another hundred years... the
Hmmh. the crisis is monetary, and if we could just get back to
the good old days of the New Deal...??
Nostalgia for the golden era that never was is the signature
characteristic of capitalist political economy.
Think the New Deal included WW2, didn't it?
- Original Message
I don't subscribe to Carrol's theory. Indeed, there is an activist
streak among the "professionals" of the peak oil advocates-- Campbell,
Deffeyes, Laherrere, etc. Unfortunately it is a very conservative, even
regressive, but lucrative activism.
Hubbert himself had a bit of activism in his life-
I didn't think Jim was applying the term "creep" to Leigh, but rather to
Leigh's employer.
Be that as it may, Mr. Meyers self-congratulatory gloating about the
coming end of industrial society, where I guess he will beat his
keyboard into a plowshare, along with his "how many people has your
theor
t;ravi" <[EMAIL PROTECTED]>
To:
Sent: Wednesday, June 20, 2007 11:04 PM
Subject: [PEN-L] Industrial society and its discontents
> On 20 Jun, 2007, at 10:51 PM, sartesian wrote:
> >
> > Be that as it may, Mr. Meyers self-congratulatory gloating about the
> > co
Really? Do you have an example? Brenner does not compare Great Britain
to France in the 16th and 18th century to "answer" the question whether
"big tenant farms" or "small family farms" are better seedbeds for
capitalism.
That, the above, is transparently a mis-reading of Brenner, just as, I
beli
But we know that in fact there was no "tragedy of the commons." Didn't
occur. Not at all.
- Original Message -
From: "Jim Devine" <[EMAIL PROTECTED]>
To:
Sent: Thursday, June 21, 2007 4:43 PM
Subject: Re: [PEN-L] Overfishing
> I asked, mostly rhetorically:
> > > ... overfishing is a e
Nope.
- Original Message -
From: "Michael Perelman" <[EMAIL PROTECTED]>
To:
Sent: Thursday, June 21, 2007 8:52 PM
Subject: Re: [PEN-L] British farming and market imperatives
> I hope that Lou has not set off a whole new Brenner discussion.
> --
> Michael Perelman
> Economics Department
>
1. Not a religious person. Tablets, paths, etc. not relevant.
2. Fundamentalism equally irrelevant. Fundamentals, however, are a
different story, being essential to baseball, railroading, language, and
historical analysis. Always work on the fundamentals.
3. There's just nothing "fresh," "new,
Right, breath of fresh air. What's that I smell? The clean, crisp
scent of endorsing Democrats? Isn't/wasn't that part and parcel of
Goff's refreshingly, brisk, bracing critique.
It's not the theory I object to, criticizing the rigidity of current
Marxist organizations, it's the practice-- the
essage -
From: "Leigh Meyers" <[EMAIL PROTECTED]>
To:
Sent: Saturday, June 23, 2007 2:44 PM
Subject: Re: [PEN-L] Rampage Across Athens
> On 6/23/07, Michael Perelman <[EMAIL PROTECTED]> wrote:
>
> >
> > The list can tolerate differences of opinion, but n
Equal time, comrade! I can get a copy, too? Thanks.
- Original Message -
From: "Michael Perelman" <[EMAIL PROTECTED]>
To:
Sent: Wednesday, July 04, 2007 12:00 PM
Subject: Re: [PEN-L] Turnips and the transition to capitalism
> I just sent Lou a copy of The Turnip, The New Husbandry, and
No. It means women and health care providers will be prosecuted for
murder. It means women will die from unsafe abortion practices.
- Original Message -
From: "Jim Devine" <[EMAIL PROTECTED]>
To:
Sent: Thursday, July 05, 2007 11:40 AM
Subject: [PEN-L] abortive thought
> what happens if
Energy Information Agency has them on its website.
- Original Message -
From: "Doug Henwood" <[EMAIL PROTECTED]>
To:
Sent: Tuesday, July 10, 2007 3:46 PM
Subject: Re: [PEN-L] peak oil
> On Jul 10, 2007, at 3:30 PM, s.artesian wrote:
>
> > Will somebody please, please look at actual lifti
1995-2005 at: http://www.eia.doe.gov/emeu/perfpro/btab17.html
Once you factor out taxes and royalties, doesn't seem to correlate with
"scarcity" theory.
- Original Message -
From: "Doug Henwood" <[EMAIL PROTECTED]>
To:
Sent: Tuesday, July 10, 2007 3:46 PM
Subject: Re: [PEN-L] peak oil
>
e nice if some public sector bureaucrat
> had done the work!
>
> On Jul 10, 2007, at 10:27 PM, sartesian wrote:
>
> > 1995-2005 at: http://www.eia.doe.gov/emeu/perfpro/btab17.html
> >
> > Once you factor out taxes and royalties, doesn't seem to correlate
> >
ks. The source I saw all those years ago did it by the barrel.
As
> > I recall, it was like $2/barrel in Saudi Arabia. I suppose I could
do
> > the math on this, but it'd be nice if some public sector bureaucrat
> > had done the work!
> >
> > On Jul 10, 2007, a
And I would recommend Agricultural Revolution in England, by Mark
Overton, Cambridge University Press.
- Original Message -
From: "Walt Byars" <[EMAIL PROTECTED]>
To:
Sent: Tuesday, July 10, 2007 11:38 AM
Subject: Re: [PEN-L] Colonialism, monarchy and soil improvement
Louis, you might be
The linear correlation, date and size of field, has been disproven.
- Original Message -
From: "The Buffalo In Da' Midst" <[EMAIL PROTECTED]>
To:
Sent: Sunday, July 15, 2007 11:30 AM
Subject: [PEN-L] Peak (Oil) Math - In Defense of the Hubbert
Linearization Method
> Courtesy of Bill Tot
Not Marx, not Twain. Not even Groucho Marx, although it is most often
attributed to him. Actual source? S.J. Perelman
- Original Message -
From: "Julio Huato" <[EMAIL PROTECTED]>
To:
Sent: Monday, July 16, 2007 9:43 PM
Subject: Re: [PEN-L] A question on the ethics of complicated econom
"I would assume that with respect to most things in life, if Richard
Scaife had an opinion about it, you would cite Scaife's support as a
reason to be against"
You know what I love about "liberalism"? Besides nothing? The sheer
sophistry that masquerades as logic.
Assuming, as we like
And why should anyone care?
- Original Message -
From: "Fred Feldman" <[EMAIL PROTECTED]>
To:
Sent: Saturday, July 21, 2007 12:33 PM
Subject: Re: [PEN-L] quote du jour
> I suspect the editorial page gang are afraid that Murdoch will back
Clinton
> (which I don't think is excluded at all)
Exactly. War of all against all, that is the guiding star of liberal
capitalism.
Not a bad thing? Mr. Shemano should check into all those people who
lost their life savings in the S&L debacle; those who lost their jobs in
the collapse of the S&Ls, and housing construction.
Not a bad thing, sur
Let's not make of this anything other than it really is: Churchill's
firing had absolutely nothing to do with the quality of his research.
It was/is based solely on his politics.
That was the beginning of the "investigation." And that is the end.
- Original Message -
From: "raghu" <[EM
And the greater damage would be done to whom? The US ruling class, or the
Chinese? Where would the impact be more likely to trigger social upheaval, the
bugaboo of capitalists, emerging and arthritic, everywhere, called class
struggle, Shanghai or Long Beach?
- Original Message -
: Re: [PEN-L] uncle sam's banker
> On 8/9/07, sartesian <[EMAIL PROTECTED]> wrote:
> > And the greater damage would be done to whom? The US ruling class,
or the
> > Chinese? Where would the impact be more likely to trigger social
upheaval,
> > the bugaboo
m: "Doug Henwood" <[EMAIL PROTECTED]>
To:
Sent: Friday, August 10, 2007 9:26 AM
Subject: Re: [PEN-L] uncle sam's banker
> On Aug 9, 2007, at 10:31 PM, sartesian wrote:
>
> > Couple of things... first I don't think the accumulation of US
> > Treasury
Think Julio has it right-- at top and bottom, it's all about class
struggle and how much the ruling class can force the workers to take.
Crisis, collapse, liquidation is essential; liquidity becomes
illiquidity when the availability of funds is not refracted through the
expanded reproduction. The
re is the investment bank version of the S&L
crisis, and we will have it on an international scale.
- Original Message -
From: "raghu" <[EMAIL PROTECTED]>
To:
Sent: Saturday, August 11, 2007 5:30 PM
Subject: Re: [PEN-L] Phil Izo (WSJ) interviews David Resler (Nomura) and
Yeah, but the overall size of of the CDO market, like the $10 trillion
mortgage market itself is not the issue. The issue is what portion of
the securities become worthless.
LTCM crisis did not require a $100 billion bailout. The subprime
collaspse might.
Another example: Credit default swaps
Moody's is not a dot.com, but is one of the big three rating agencies in
the US with a long history of providing debt ratings for both sovereign
and corporate issues.
It is a for profit business, selling its services to buy-side
institutions and firms, and the sell-siders who want to know how and
Dog-man bites man-dog. Twain nailed it in .
Defaults on bonds issued against railroads were numerous before the
Civil War.
But there's more to capitalism than just a confidence game practiced by
con artists on consumer confidence.
Fraud causes panic not just because and not just when it obt
Garbage in is garbage out. Market movements are not hermetically
sealed, isolated events, based on an algorithm of most likely/least
likely.
There is a real inability to maintain profitability- hardly a .000..138
more ..6 experience for capitalism.
- Original Message -
From: "Mich
Sabri wrote that "the same thing happened with the dotcom mania."
Yes. And what was the root of the dotcom mania? Massive
overproduction in fiber optic cable installation; telecommunications
equipment; information technology.
considered to be
> the value of the property which was to be disposed of, answered -- 'We
are not here
> to sell a parcel of vats and boilers, but the .Potentiality. of
growing rich beyond
> the dreams of avarice'."
>
>
> On Sun, Aug 26, 2007 at 08:18:46AM
As a matter of fact that's exactly what they did-- embedding the guest
terrorists in Afghanistan with the aid and comfort of Pakistan's
intelligence service, but with funding clearly from the Saudis.
- Original Message -
From: "The Buffalo In Da' Midst" <[EMAIL PROTECTED]>
To:
Sent: Mond
Accidents never happen in a perfect world. Like OPEC, if Osama didn't
exist the US would have made it up. Like Osama, OPEC did exist, and the
US still had to make it up.
- Original Message -
From: "Shane Mage" <[EMAIL PROTECTED]>
To:
Sent: Monday, August 27, 2007 1:17 PM
Subject: Re: [PE
But of course, this -- rescuing or not rescuing--is why the "crisis" is
of such importance, as it threatens the basis of all securities
trading-- the BIGGER FOOL theory.
"Economics" really isn't a branch of psychology. It really is
concentrated history.
The "threat" to the system is not actually
Is Fidel the only person to have actually organized a revolution, and
not lost a grip on reality in the years of retreat, debilitation, and
finally overthrow of the remnants of the October Revolution?
Maybe. Probably.
At the Encounter on Problems of Development, forget if it was the 2nd or
3rd o
I think textile/clothing manufacturing in developing countries and
secreted within the developed countries where women make up the bulk of
the production workers are closer than Wal Mart. Or chicken processing
plants. Anywhere.
- Original Message -
From: "Jim Devine" <[EMAIL PROTECTED]>
T
Sounds a little bit like Enron, no? Or even ImClone.
- Original Message -
From: "raghu" <[EMAIL PROTECTED]>
To:
Sent: Tuesday, September 04, 2007 5:42 PM
Subject: [PEN-L] CDO Speeds to CCC From AAA
> According to Bloomberg, here is at least one instance of a CDO that
> was downgraded fr
But isn't this entire notion, "comparative advantage," derived as it is
from Smith's division of labor, simply baloney?
Where is the specialization on a national basis in the world economy?
Anywhere? Textile production in Guatemala in India, in Mali, was
comparatively advantaged to textile produc
Think this book qualifies for peak baloney. Peak in coal? That's a
real knee-slapper, particularly since Hubbert's first ventures into the
peak prediction business were in predicting the peak in coal back in
the 1950s.
Maybe we should consign the Peaking Theory to the same "frozen zone" as
t
Indeed. Or read how Deffeyes, Laherrere, etc. manipulate, actually
distort, rates of recovery, discovery dates and field size to create the
mythology of declining reserves, and smaller fields...
Or we can just point out how even the peak oil theorists have been
forced to revise upward their estim
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