Re: capitalism = progressive?

2004-04-23 Thread Mike Ballard
Ultimately, the USSR stepped in the direction of
capitalism and I'd contend that it was because
Marxist-Leninist ruling parties have a tendency to use
wage-labour and commodity prodution as a transitional
measures.

Mike B)
--- Michael Perelman [EMAIL PROTECTED]
wrote:
 The USSR was not socialist as we would like to see
 socialism.  It was a first step in
 that direction.  You probably remember as well as
 anyway here that Marx said that the
 first stage would be crude.



 On Thu, Apr 22, 2004 at 04:17:48PM -0400, Ted
 Winslow wrote:
  Michael Perelman wrote:
 
   the
   Soviet Union had the advantage of (a relatively
 crude) socialist
   organization of production.
 
  Was it socialist in a sense derivable from Marx?
 

 --
 Michael Perelman
 Economics Department
 California State University
 Chico, CA 95929

 Tel. 530-898-5321
 E-Mail michael at ecst.csuchico.edu


=
Love and freedom are vital
to the creation and upbringing
of a child.

Sylvia Pankhurst

http://profiles.yahoo.com/swillsqueal




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Re: mixed economic signals

2004-04-23 Thread Sabri Oncu
 I was not referring to any particular paper.
 I was referring to the increasingly common use
 of the term noise traders as a designation of
 all market participants not acting in accordance
 with economic fundamentals.  I think the locus
 classicus of the term is a paper by Fisher
 Black, but I'm not an historian of financial
 economics.

Me neither but I happen to know that the godfather of
the term is Fisher Black, who happens to be a decent
mathematican that I respect, unlike Scholes, a free
rider.

But you and I are in agreement. All, or almost all,
market participants are noise traders, including my
smart friend I mentioned previously. He used to manage
a convertible bonds portfolio at a hedge fund. Put
differently, he was the rational trader of De Long,
Sheliefer, Summers and that fourth person whose name I
don't remember now.

Vishny maybe?

 These phenomena are denoted by the term noise
 traders, as it is currently used in the
 economics literature

No!

I knew that you were going to say this but noise
traders are the irrational ones and for their
existence, there has to be non-noise traders, that
is, the rational ones.

My claim is that all market participants are noise
traders, which makes the term meaningless.

 So your friend turned out to be right, no?

No!

Because he continued to believe that he was right in
2000 as well as in 2001, so I won and he lost.

 The investors that resisted the increasingly
 shrill concerns in 1999 about speculative
 bubbles, and hung in through January 2000, were
 the big winners, right?

If they got out in January 2000, you are right.

They did well.

But most of them did not.

 On Wall Street, timing is everything.

I know.

This is why I don't gamble.

Future may be predictable in the first few moments for
the forseeable future but I have never seen anyone
who had a decent idea about the complete
distribution of entire the future nor about the
appropriate or  correct _exit times_.

 There is no contradiction here.  I am a believer
 in the existence of both systemic imbalances and
 noise traders.

You are right in the sense that noise traders and
systemic imbalances are not exclusive of each other.


I don't deny that there are noise traders but I
don't think my next door neighbor, a librarian at UC
Berkeley, knows anything about these, yet she puts
more than 70 percent of her money in her 401K account
into stocks. This is what she learned or heard from
the experts.

Is she not one of those stabilizing long term
investors?

 This seems to conflate long and short positions
 with buyers and sellers, two very different
 phenomena.  There need not be a short position
 offsetting every long position, or vice versa.

Exactly.

Hence the imbalances I mentioned, among other reasons.

  The important issue, for the original discussion
  that prompted my interest at any rate, is the
  leverage which may underlie long and short
  positions.  And insofar as raising short term
  real interest rates is concerned, the danger is
  blowing up highly leveraged long positions.

It is about 2:40 am now and I need go to sleep.

If I were not a student in these days, I would not be
up at this time of the night but what can I do?

I chose to go back to school at this late age and it
is my mistake.

Best,

Sabri


[Fwd: McReynolds article on Iraq]

2004-04-23 Thread Louis Proyect
Iraq: A Deepening Tragedy

By David McReynolds (former Chair, War Resisters International,

Socialist Party candidate for President 1980, 2000. He visited Baghdad
in 1991, just before the start of the first Gulf War as part of a team
from the Fellowship of Reconciliation) // this article can be used in
whole or part without permission. April 22, 2004
Friends have heard me say I could not believe the Bush Administration
would launch the Iraq war - until the moment when shock and awe
illuminated the night sky of Baghdad. My reasoning had nothing to do
with the fact the US actions would violate international law (would be,
in fact, criminal) but rather my conviction the war would be an act of
stupidity almost without parallel.
We had known that the Vulcans - that perplexing coalition of
neoconservatives which draws its strength from almost equal parts of
former Trotskyists, sharply pro-Israel American Jews such as Paul
Wolfowitz and Richard Perle (who would do anything for Israel except go
and live there), and a group of evangelical Christians, often privately
anti-Semitic, led by the likes of Pat Robertson - had been in control of
the Administration from the moment of Bush's appointment by the Supreme
Court in 2001. We had seen them seize upon the tragedy of 9.11 as an
excuse to curtail our own civil liberties and put the nation on a war
footing, and invade Afghanistan.
But the idea that the United States would actually attack Iraq, that it
would be supported in this action by Tony Blair, Prime Minister of Great
Britain, and would think it's Christian troops would somehow be welcomed
as liberators by a deeply Islamic nation . . . this was such obvious
folly that I keep thinking some committee of smart Wall Street bankers
would tap Rumsfeld on the shoulder and say Sorry, Rumfeld - no way.
Saddam is a nasty man, but there are no weapons of mass destruction
there, no links to terrorism - this war would be genuinely crazy.
(Let not forget the wave of massive demonstrations around the world in
February of 2003 - demonstrations on a scale never seen before. And the
urgent efforts of political leaders in almost every nation - Israel
excepted - to dissuade Bush. And the extraordinary steps taken by the
Pope to use his moral force - even sending a special Papal envoy to meet
with Bush).
The Iraq of Babylon and Baghdad, of the Euphrates and Tigris, the cradle
from which Western civilization had sprung, a land which had, early in
the 20th century, defeated the British - at that time the greatest
Empire in the world. The US really thought it would be welcomed with
flowers? That it would be seen as the liberator? After it had, for ten
years, caused enormous suffering for the civilian population of Iraq by
its economic sanctions?
With others, I was surprised at the relative ease of the first phase -
the military conquest of Saddam's forces. I had assumed there would be
grinding battles in the cities, that the loss of civilian life there
might cause the world to demand the US withdrawal. But with the US
Occupation we saw the beginning of a dual reality - the reality of
Iraq as seen by the White House and transmitted by the US media, and
the reality of Iraq as seen from foreign news sources, reaching us in
the US either by BBC or the internet. (In fairness, much of the truth
was there in the New York Times, the Washington Post, and other
newspapers - but not in that part of the media which most shapes public
opinion - the world of Fox News).
It is possible those around Bush believed their own news reports. It is
said that April is the cruelest month - for many American and Iraqi
families this has been an unusually cruel and bloody month. April
clearly caught the Pentagon by surprise. Even Rumsfeld admitted he
didn't expect things to be this difficult a year after victory.
Listening tonight to David Burns, of the New York Times, as he reported
from Baghdad, it was clear there has been a breakdown of the Occupation.
As Burns pointed out (and he is not a reporter tainted by ideology -
just a journalist doing his job), travel is now extremely difficult and
dangerous in Iraq, most roads are closed, there is no commercial air
travel, and even in Baghdad things are not safe. He admitted it was
almost impossible to know what was happening on the ground in any Iraq
city outside of Baghdad.
Americans in Iraq rarely venture outside the green zone in Baghdad,
which is as secure as modern technology can make it. Paul Bremer resides
in the palaces and buildings Saddam had built, strides the imperial
offices in combat boots, issuing orders which are erratic (such as the
dissolution of the Iraqi army - which instantly left tens of thousands
of armed men unemployed!).
The hearings from Washington D.C. this month, the flood of books that
have come out, have defined the reality there were never any weapons of
mass destruction in Iraq, there was no link with Al Queda, there had
never even been any plans for post-invasion Iraq, and - most

Got this from Deborah

2004-04-23 Thread Charles Brown




A woman was walking along the beach when she stumbled upon a bottle. 
Shepicked it up and rubbed it, and lo-and-behold a Genie 
appeared. 
The amazed woman asked if she got three 
wishes. The Genie 
said, "Nope, sorry three-wish genies are a story-talemyth. I'ma 
one-wish genie. 
So...what'll it be?" The woman didn't 
hesitate. She said, "I 
want peace in the Middle East. See this map? I wantthesecountries to 
stop fighting with each other and I want all the Arabs toloveJews 
and Americans and vice-versa. It will bring about world peace 
andharmony." 
The Genie looked at the map and exclaimed, "Lady, be 
reasonable.Thesecountries have been at war for thousands of years. 
I'm out of .. shapeafter being in a bottle for five hundred years. I'm 
good but not THATgood!I don't think it can be done. Make another 
wish and please 
bereasonable." The 
woman thought for a minute and said, "Well, I've never beenable 
tofind the right man. You know, one that's considerate and fun, likes 
tocookand helps with the house cleaning, is great in bed and gets 
along with myfamily, doesn't watch sports all the time, and is faithful. 
That's what Iwish for - a good 
man." The Genie let 
out a long sigh, shook his head and said, "Let mesee thatfreakin' 
map again."

This message (including any attachments) contains 
confidentialinformation intended for a specific individual and purpose, and 
isprotected by law. If you are not the intended recipient, you 
shoulddelete this message. Any disclosure, copying, or distribution of 
thismessage, or the taking of any action based on it, is 
strictlyprohibited.

Cheryl WhiteDomestic Relations Specialist Friend of the 
CourtDivorce Investigations


More Than 20,000 Iraqis Behind Bars

2004-04-23 Thread Yoshie Furuhashi
Stepping into Saddam Hussein's Place:
http://montages.blogspot.com/2004_04_01_montages_archive.html#108269182704275337.
--
Yoshie
* Critical Montages: http://montages.blogspot.com/
* Bring Them Home Now! http://www.bringthemhomenow.org/
* Calendars of Events in Columbus:
http://sif.org.ohio-state.edu/calendar.html,
http://www.freepress.org/calendar.php,  http://www.cpanews.org/
* Student International Forum: http://sif.org.ohio-state.edu/
* Committee for Justice in Palestine: http://www.osudivest.org/
* Al-Awda-Ohio: http://groups.yahoo.com/group/Al-Awda-Ohio
* Solidarity: http://www.solidarity-us.org/


FW: [PEN-L] New Business Model

2004-04-23 Thread Funke Jayson J
Title: FW: [PEN-L] New Business Model




I currently work for a large financial corporation, and most of the new sotware programs we currently use are owned, hosted, serviced, and maintained by the parent company and most interactions occur over the internet. We pay a yearly rental fee. I think this is certainly the wave of the future in the financial services industry where I currently work, probably both in terms of software and hardware.

Jayson Funke


I imagine theyd supply the kind of computer svcs needed by large corporations or by governmentssvcs for which security, fault-tolerance, reliability are key. Such things are difficult/expensive to implement and their service would be that rather than B of A hiring consultants/programmers to do the job for them, theyd hire Sun in the same way that they pay Pac Bell to make sure all their telephone needs are taken care of.

Theyd be competing with IBM and Microsoft. I imagine the target customer base would be govt and large corps. I dont quite get how falling equip prices would queer the deal. The real big expense in computing (I think) is programming/admin/support rather than hardware.

Joanna



 
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Re: capitalism = progressive?

2004-04-23 Thread Aldo Balardini
Michael,

Can you explain how: 1) US manipulated oil prices and 2) how this manipulation of oil 
prices lead (in part) to the collapse of the Soviet Union.

Fabian

 [EMAIL PROTECTED] 04/22/04 14:19 PM 
It might help if we could get a good picture of what collapsed the
Soviet Union.  Several factors quickly come to mind in no particular
order.
1. Excessive defense requirements coupled with the belief that Star Wars
really worked.
2. US manipulation of oil prices.
3. Dissatisfaction with the elites about a relatively flat wage scale.
Professors and doctors and politicians knew that they could earn much
more in a Western style economy.
4. Here I am guessing: Probably an excessive believe in the affluence of
the United States system.
5. Gorbachev opening up the criticism of the system before he started
fixing it.



On Thu, Apr 22, 2004 at 11:07:24AM -0700, Devine, James wrote:
 In his most recent book, pen-l's Mike Yates points to a problem with this rhetoric: 
 it seems that all of the popularly-declared economic miracles eventually collapse. 
 The same thing happened to the USSR, no?

 Jim Devine


--
Michael Perelman
Economics Department
California State University
Chico, CA 95929

Tel. 530-898-5321
E-Mail michael at ecst.csuchico.edu



Re: mixed economic signals

2004-04-23 Thread k hanly
Sabri wrote

I knew that you were going to say this but noise
traders are the irrational ones and for their
existence, there has to be non-noise traders, that
is, the rational ones.

My claim is that all market participants are noise
traders, which makes the term meaningless.

Comment: I don't see this. That a class contains all of a given group does
not mean that the class term is meaningless. Consider people killable by
nuclear bombs and those non-killable by nuclear bombs. The latter class is
empty I assume but this does not mean the phrase people killable by nuclear
bombs is meaningless. The situation does not change if you choose classes
that  exhaust the universal class ie non (people who are killable by nuclear
bombs).

Cheers, Ken Hanly


economist-poet

2004-04-23 Thread Devine, James
See http://www.npr.org/features/feature.php?wfId=1847162. This guy,
Robert McTeer, the president of the Dallas Federal Reserve Bank, writes
economic poetry. If I remember correctly, he's one of those total
optimists and apologists. At least he has good taste in music, liking
Robert Earl Keen's The Road Goes On Forever and the Party Never Ends.
He says it represents the current era. Despite the name, the song is
about larceny (quite appropriately).

McTeer also missed the recent research indicating that poets on average
live 6 years less than other authors. See
http://www.latimes.com/news/local/la-me-poets23apr23,1,1600439.story. 

By the way, the letter I posted to pen-l got published in the L.A.
TIMES. See
http://www.latimes.com/news/printedition/opinion/la-le-devine23.2apr23,1
,4869466.story. 

Jim Devine [EMAIL PROTECTED]   http://bellarmine.lmu.edu/~jdevine



Mark Jones was right #2

2004-04-23 Thread Louis Proyect
http://www.janes.com/business/news/fr/fr040421_1_n.shtml

21 April 2004

World oil crisis looms

The oil industry has been gripped by scandal since Royal Dutch/Shell
twice this year downgraded its proven oil reserves by 20 per cent, or
nearly 4bn barrels. Shell may not be alone.
Other companies and even governments have hyped up the estimates of how
much oil they have, which is a vital factor in measuring their economic
health. If exaggeration proves to be widespread, it would have an
immense impact on the Middle East, whose economic weight is almost
totally dependent on oil and natural gas.
Geologists and analysts have been saying for some time that estimates of
global oil reserves may be dangerously exaggerated. If you take oil
prices currently at around US$37 a barrel, the highest for nearly 15
years, US petrol prices at record levels and you add terrorist attacks
and diminishing supplies, you have a recipe for inflation and economic
slowdown. The question of reserves becomes a much more important factor.
Earlier this month, The New York Times reported that internal documents
and other data indicated that Shell had over estimated its proven oil
reserves in Oman by as much as 40 per cent. But that seems to have been
done because everyone hoped that the latest drilling techniques would
reach more deposits than in the past and merit upgrading the estimates
of reserves.
The Oman estimates were based on assessments made in May 2000 by a
senior Shell executive who was subsequently fired. He was among several
executives who were said to have known about the unrealistic estimates
of reserves and to have done nothing about it.
If the exaggeration is confirmed, the estimate of recoverable oil will
have to be lowered. That is bad news for Oman, which claims reserves of
5.4bn barrels and is heavily dependent on oil and gas exports but it is
also bad news for the world as a whole.
As the world's natural resources shrink and global warming changes the
environment, competition for unimpeded access to them has intensified
and will continue to do so. About four-fifths of the world's known oil
reserves lie in politically unstable or contested regions.
--

The Marxism list: www.marxmail.org


Re: FW: [PEN-L] New Business Model

2004-04-23 Thread Carrol Cox
Hasn't  IBM for some time been putting multi-page ads in the WSJ
proposing that data management be regarded as a fifth utility? I think
that started over a year ago. Sun's program as Joanna describes it would
seem to be the same sort of thing.

Carrol


capitalism = progressive?

2004-04-23 Thread Charles Brown
From: Michael Perelman


It might help if we could get a good picture of what collapsed the

Soviet Union. Several factors quickly come to mind in no particular

Order ...1) -clip-

***
Yes in terms of immediate causes. In terms of history, I'm tending toward
the dreadful conclusion that over the long run, capitalism was able to force
the SU (and the other first socialist countries) to militarize themselves in
defense against the world historically gigantic wars and threats of war. In
other words, imperialism ( especially German Nazis and U.S. Nuclear Cold
Warriors)were able to undermine socialist democracy by forcing this
militarization/undemocracy. Socialism needs democracy more than capitalism
does, in order to fulfill its greater promises. The love of materialist
democracy which is at the heart of Marxism and Leninism was lost in self and
civil defensive organization. The full political fruits of socialism were
not had by the masses of people,who were thereby less self-acting and
enthusiastic in defense of the system when is was challenged.

This undemocratic defect of the SU in part is a fulfillment of a more
conservative Marxist principle than Marx's late discussion of Russian
peasant communes that Lou Proyect has mentioned often, that of the world
socialist revolution's need for revolution in advanced capitalist
countries.  This is not based on elitism , but the pragmatic ( vulgar
materialist) , common sense that socialism in a developed industrial nation
like Germany or France in alliance with the SU might have deterred remaining
advanced capitalist nations with less internal militarization than
economically backward Russia. There would have been no military defensive
need for forced industrialization in already industrialized nations, etc.

Charles Brown

^^

From: Michael Perelman


It might help if we could get a good picture of what collapsed the

Soviet Union. Several factors quickly come to mind in no particular

order.

1. Excessive defense requirements coupled with the belief that Star Wars

really worked.

2. US manipulation of oil prices.

3. Dissatisfaction with the elites about a relatively flat wage scale.

Professors and doctors and politicians knew that they could earn much

more in a Western style economy.

4. Here I am guessing: Probably an excessive believe in the affluence of

the United States system.

5. Gorbachev opening up the criticism of the system before he started

fixing it.


Cognitive Dissonance in US on Iraq

2004-04-23 Thread k hanly
http://www.antiwar.com/lobe/?articleid=2374

Majority Still Believe in Iraq's WMD, al-Qaeda Ties

by Jim Lobe
U.S. public perceptions about former Iraqi president Saddam Hussein's
alleged ties to al-Qaeda and stocks of weapons of mass destruction (WMD)
continues to lag far behind the testimony of experts, boosting chances that
President George W Bush will be reelected, according to a survey and
analysis released Thursday.

Despite statements by such officials as the Bush administration's former
chief weapons inspector, David Kay; its former anti-terrorism chief, Richard
Clarke; former chief United Nations weapons inspector Hans Blix, as well as
admissions by senior administration officials themselves, a majority of the
public still believes Iraq was closely tied to the al-Qaeda terrorist group
and had WMD stocks or programs before US troops invaded the country 13
months ago.

The public is not getting a clear message about what the experts are saying
about Iraqi links to al-Qaeda and its WMD program, said Steven Kull,
director of the Program on International Policy Attitudes (PIPA) at the
University of Maryland, which conducted the survey.

The analysis suggests that if the public were to more clearly perceive what
the experts themselves are saying on these issues, there is a good chance
this could have a significant impact on their attitudes about the war and
even on how they vote in November, he added.

The survey and analysis found a high correlation between those perceptions
and support for Bush himself in the upcoming presidential race in November.

Among the 57 percent of respondents who said they believed Iraq was either
directly involved in carrying out the 9/11 attacks on New York and the
Pentagon or had provided substantial support to al-Qaeda, 57 percent said
they intended to vote for Bush and 39 percent said they would choose his
Democratic foe, John Kerry.

Among the 40 percent of respondents, who said they believed there was no
connection at all between Saddam and al-Qaeda or that ties consisted only of
minor contacts or visits, on the other hand, only 28 percent said they
intended to vote for Bush, while 68 percent said their ballots would go to
Kerry.

The survey, which was based on interviews with a random sample of 1,311
respondents in March, was released amid a series of polls that indicate that
Bush and Kerry are in a virtual tie less than seven months before the actual
election.

While Kerry appeared to be leading in the wake of last month's congressional
testimony by Clarke, who accused the administration of being insufficiently
seized with the threat posed by al-Qaeda before the 9/11 attacks, Bush, who
in recent weeks has spent an unprecedented amount of money on television
advertising so early in the campaign, has closed the gap and, according to
one 'Washington Post' poll published earlier this week, pulled slightly
ahead.

The latest PIPA study is remarkable because it shows that public perceptions
about Iraq, or at least about the threat it posed before the US invasion,
are lagging far behind what acknowledged experts have themselves concluded
and whose findings have been reported in the mass media.

Virtually all independent experts and even senior administration officials
have concluded since the war that ties between Iraq and al-Qaeda before the
war were virtually nonexistent, and even Bush himself has explicitly
dismissed the notion that Baghdad had a hand in the 9/11 attacks.

Yet the March poll found that 20 percent of respondents believe that Iraq
was directly involved in the attacks - the same percentage as on the eve of
the war, in February 2003.

Similarly, the percentages of those who believe Iraq provided substantial
support to al-Qaeda (37 percent) and those who believe contacts were
minimal (29 percent) are also virtually unchanged from 13 months before. As
of March 2004, 11 percent said there was no connection at all, up four
percent from February 2003.

Some - but surprisingly little - change was found in answers to whether
Washington had found concrete evidence since the war that substantiated a
Hussein-al-Qaeda link. Thus, in June 2003, 52 percent of respondents said
evidence had been found, while only 45 percent said so last month.

As to WMD, about which there has been significantly more media coverage, 60
percent of respondents said Iraq either had actual WMD (38 percent) or had a
major program for developing them (22 percent). In contrast, 39 percent said
Baghdad had limited WMD-related activities that fell short of an active
program - what Kay as the CIA's main weapons inspector concluded in
February - or no activities at all.

Moreover, the message conveyed by Kay and other experts appears not to be
getting through to the public, adds the survey, which found a whopping 82
percent of respondents saying either, experts mostly agree Iraq was
providing substantial support to al-Qaeda (47 percent) or, experts are
evenly divided on the question (35 percent).


Re: Cognitive Dissonance in US on Iraq

2004-04-23 Thread Devine, James
The Big Lie technique works: the Bushies lied like crazy, taking advantage of the 
post-911 anger toward Ayrabs. Their milder and loss-obvious retractions have had 
little effect, while most people don't read even half-decent newspapers. 


Jim Devine [EMAIL PROTECTED]   http://bellarmine.lmu.edu/~jdevine

 From: k hanly [mailto:[EMAIL PROTECTED]
 http://www.antiwar.com/lobe/?articleid=2374
 
 Majority Still Believe in Iraq's WMD, al-Qaeda Ties
 
 by Jim Lobe
 U.S. public perceptions about former Iraqi president Saddam Hussein's
 alleged ties to al-Qaeda and stocks of weapons of mass 
 destruction (WMD)
 continues to lag far behind the testimony of experts, 
 boosting chances that
 President George W Bush will be reelected, according to a survey and
 analysis released Thursday.
 
 Despite statements by such officials as the Bush 
 administration's former
 chief weapons inspector, David Kay; its former anti-terrorism 
 chief, Richard
 Clarke; former chief United Nations weapons inspector Hans 
 Blix, as well as
 admissions by senior administration officials themselves, a 
 majority of the
 public still believes Iraq was closely tied to the al-Qaeda 
 terrorist group
 and had WMD stocks or programs before US troops invaded the country 13
 months ago.
 
 The public is not getting a clear message about what the 
 experts are saying
 about Iraqi links to al-Qaeda and its WMD program, said Steven Kull,
 director of the Program on International Policy Attitudes 
 (PIPA) at the
 University of Maryland, which conducted the survey.
 



FW: Cross-Blog Conversation on Stopping Walmartization

2004-04-23 Thread Devine, James
Anders Schneiderman sent me the following.


Jim Devine [EMAIL PROTECTED]   http://bellarmine.lmu.edu/~jdevine


H!

Our new SEIU campaign, Justice at Work, has just launched an experiment
on SEIU's blog (http://www.fightforthefuture.org/blog/).  If you could
spread the word about it to folks you think would be interested, that'd
be great.  In the meantime, you might want to check out Andy's I'm at a
Wal-Mart Store in China pictures that are already on our blog.

Thanks,
Anders
---

Dear Friend,

On Monday, SEIU kicks off the first phase in a new campaign, called
Justice at Work, to mobilize the power of the web to stop what
commentators have called the Wal-Martization of the American
economy. We're starting this campaign with a cross-blog discussion,
asking people to share their ideas about our strategy.

* What's the Scoop? * 

In this experimental dialogue, we will raise questions, ask for
feedback, and solicit creative ideas on SEIU's Fight for the Future
blog (http://www.fightforthefuture.org/blog/),  and ask that other blogs
help spread the word.  The schedule for the conversations is:

Part One: Define the Problem and our Proposed Solutions
Part Two: SEIU and the Community, Online and Offline
Part Three: Shaping the Public Debate
Part Four: The Road Ahead

In each of these weeks, President Stern will frame the questions and
ask you to engage in a broad dialogue about tackling this issue.

* We Need Your Help to Make This Happen! * 

Please share your ideas with us on our blog! Lurkers, don't be shy!
Also, if you run a blog or listserv that takes comments, start a
discussion there.

If you are involved in a conversation on another blog or listserv,
please send an email flagging the highlights to [EMAIL PROTECTED]  We will
post the best of the discussions from other blogs and ours and discuss
their role in shaping our plans.

Help us use blogs to start the movement that will improve the lives of
working Americans and their families by fighting for a fair economy that
provides equal opportunity for everyone.



Contractors and Mercenaries

2004-04-23 Thread Funke Jayson J
Title: Contractors and Mercenaries




Does anyone have any information on the accountability of PMCs? Are employees of PMCs prosecutable for killing? Can PMCs, operating in NAFTA countries, possibly sue those governments for obstructing business oportunities?

Jayson Funke


Contractors and Mercenaries

The Rising Corporate Military Monster

By RUSSELL MOKHIBER
and ROBERT WEISSMAN

http://www.counterpunch.org/mokhiber04232004.html


A corporate military monster is being created in Iraq.


The U.S. government is relying on private military contractors like never before.


Approximately 15,000 military contractors, maybe more, are now working in Iraq. The four Americans brutally killed and mutilated in Fallujah March 31 were part of this informal army of occupation.

Contractors are complicating traditional norms of military command and control, and challenging the basic norms of accountability that are supposed to govern the government's use of violence. Human rights abuses go unpunished. Reliance on poorly monitored contractors is bleeding the public treasury. The contractors are simultaneously creating opportunities for the government to evade public accountability, and, in Iraq at least, are on the verge of evolving into an independent force at least somewhat beyond the control of the U.S. military. And, as the contractors grow in numbers and political influence, their power to entrench themselves and block reform is growing.

Whatever the limitations of the military code of justice and its in-practice application, the code does not apply to the modern-day mercenaries. Indeed, the mechanisms by which the contractors are held responsible for their behavior, and disciplined for mistreating civilians or committing human rights abuses -- all too easy for men with guns in a hostile environment -- are fuzzy.

It is unclear exactly what law applies to the contractors, explains Peter W. Singer, author of Corporate Warriors (Cornell University Press, 2003) and a leading authority on private military contracting. They do not fall under international law on mercenaries, which is defined narrowly. Nor does the national law of the United States clearly apply to the contractors in Iraq -- especially because many of the contractors are not Americans.

Relatedly, many firms do not properly screen those they hire to patrol the streets in foreign nations. Lives, soldiers' and civilians' welfare, human rights, are all at stake, says Singer. But we have left it up to very raw market forces to figure out who can work for these firms, and who they can work for.

There are already more than a few examples of what can happen, notable among them accusations that Dyncorp employees were involved in sex trafficking of young girls in Bosnia.

In general, the performance of the private military firms is horribly under-monitored.


Sometimes the lack of monitoring is a boon to the government agencies that hire the contractors. 


Although there are firm limits on the kinds of operations that U.S. troops can conduct in Colombia, Singer notes, it has been pretty loosey-goosey on the private contractor side. The contractors are working with the Colombian military to defeat the guerilla insurgency in Colombia -- unconstrained by Congressionally imposed limits on what U.S. soldiers in Colombia may do.

Meanwhile, in Iraq, a problem of a whole different sort is starting to emerge.


The security contractors are already involved in full-fledged battlefield operations, increasingly so as the insurgency in Iraq escalates.

A few days after the Americans were killed in Fallujah, Blackwater Security Consulting engaged in full-scale battle in Najaf, with the company flying its own helicopters amidst an intense firefight to resupply its own commandos.

Now, reports the Washington Post, the security firms are networking formally, organizing what may effectively be the largest private army in the world, with its own rescue teams and pooled, sensitive intelligence.

Because many of the security contractors work for the Coalition Provisional Authority, as opposed to the U.S. military, they are not integrated into the military's operations. Under assault by insurgents and unable to rely on U.S. and coalition troops for intelligence or help under duress, according to the Post, the contractors are banding together.

Private occupying commandos? Corporate military helicopters in a battlefield situation? An integrated occupation private intelligence network?

Isn't this just obviously a horrible idea?


Given the problems that have already occurred in places like Colombia and Bosnia, the scale and now independent integrated nature of the private military operations in Iraq is asking for disaster, beyond that already inflicted on the Iraqis.

Making the problem still worse is that the monster feeds on itself.


The larger become the military contractors, the more influence they have in Congress and the Pentagon, the more they are able to shape policy, 

Perle's of Wisdom

2004-04-23 Thread k hanly
'Iraq Expert' Perle Shills for Chalabi at Senate Panel

by Juan Cole
It was quite an experience to be on the same panel on Tuesday with Richard
Perle and Toby Dodge, before the US Senate Committee on Foreign Relations.
Perle wasn't added until the last minute, and it is mysterious why he was
there, since ours was supposed to be an expert panel. Dodge has an
important book on Iraq. Originally Ahmad Hashim was going to be on with us
(he came Wednesday instead), and then we heard Perle had been put on. Perle,
of course, is no Iraq expert. He doesn't know a word of Arabic, and has
never lived anywhere in the Arab world.

Perle's entire testimony was a camouflaged piece of flakking for Ahmad
Chalabi. He complained that the State Department and the CIA had not created
a private army for Chalabi and had not cooperated with him. Perle did not
mention Chalabi's name, but it was clear that was who he was talking about
(State and CIA famously dropped Chalabi in the mid-1990s when they asked him
to account for the millions they had given him, and he could not).

In fact, Perle kept talking about the Iraqis when it was clear he meant
Chalabi. He said the US should have turned power over to the Iraqis long
before now.

But here's an interesting contradiction. I said at one point that I thought
Bremer should have acquiesced in Grand Ayatollah Sistani's request for open
elections to be held this spring, and that if they had been, it might have
forestalled the recent blow-up. I had in mind that Muqtada al-Sadr in
particular would have been kept busy acting as a ward boss, trying to get
his guys returned from East Baghdad  Kufa, etc.

Perle became alarmed and said that scheduling early elections would not have
prevented the flare-up because the people who mounted it were enemies of
freedom and uninterested in elections. Perle has this bizarre black and
white view of the world and demonizes people right and left. A lot of the
Mahdi Army young men who fought for Muqtada are just neighborhood youth,
unemployed and despairing. Some are fanatics, but most of them don't hate
freedom - most of them have no idea what it is, having never experienced
democracy.

But anyway, what struck me was the contradiction between Perle's insistence
that the US should have handed power over to Iraqis months ago, and his
simultaneous opposition to free and fair elections. The only conclusion I
can draw is that he wants power handed to Chalabi, who would then be a kind
of dictator and would not go to the polls any time soon.

Perle also at one point said he didn't think the events of the first two
weeks of April were a mass uprising and said he thought Fallujah was quiet
now. (Nope).

It is indicative of the Alice in Wonderland world in which these Washington
Think Tank operators live that Perle could make such an obviously false
observation with a straight face. Even a child who has been watching CNN for
the past three weeks would know that there was a mass uprising. (Even ten
percent of the American-trained police switched sides and joined the
opposition, and 40% of Iraqi security men refused to show up to fight the
insurgents.)

I replied, pointing out that the US had lost control of most of Baghdad, its
supply and communications lines to the south were cut, and a ragtag band of
militiamen in Kut chased the Ukrainian troops off their base and occupied
it. It was an uprising. I suppose Perle hopes that if he says it wasn't an
uprising, at least some people who aren't paying attention will believe him.
It is bizarre.

It reminded me of the scene in Ladykillers where the fraudsters set off an
explosion in a lady's basement, and she hears it while outside in a car, and
is alarmed, and the Tom Hanks character says in a honeyed southern accent,
Why, Ah don't believe Ah heard anything at all. I could just see Perle in
a Panama hat at that point playing the character.

It is deeply shameful that Perle is still pushing Chalabi, and may well
succeed in installing him. Chalabi is wanted for embezzling $300 million
from a Jordanian bank. He cannot account for millions of US government money
given him from 1992 to 1996. He was flown into Iraq by the Pentagon (Perle
was on the Defense Advisory Board, a civilian oversight committee for the
Pentagon) with a thousand of his militiamen. The US military handed over to
Chalabi, a private citizen, the Baath intelligence files that showed who had
been taking money from Saddam, giving Chalabi the ability to blackmail large
numbers of Iraqi and regional actors. It was Chalabi who insisted that the
Iraqi army be disbanded, and Perle almost certainly was an intermediary for
that stupid decision. It was Chalabi who insisted on blacklisting virtually
all Baath Party members, even if they had been guilty of no crimes,
effectively marginalizing all the Sunni Iraqi technocrats who could compete
with him for power. It was Chalabi who finagled his way onto the Interim
Governing Council even though he has no grassroots support 

Re: economist-poet

2004-04-23 Thread dsquared
yeh, he's been a hero of mine for years.  Seems like a
nice, and sensible enough bloke if you ignore some
pretty frightening departures into sub-Austrianism.
Bit of an irritating habit of doing the Oh yes, Texas
Texas Texas, I'm from Texas, did I ever tell you about
Texas? bit while not actually coming from there or
having any connection at all before being posted to the
Dallas Fed.  But less boring than the run of the mill,
and an interest rate dove so he's on our side.

dd

On Fri, 23 Apr 2004 08:09:25 -0700, Devine, James
wrote:


 See
 http://www.npr.org/features/feature.php?wfId=1847162.
 This guy,
 Robert McTeer, the president of the Dallas Federal
 Reserve Bank, writes
 economic poetry. If I remember correctly, he's one of
 those total
 optimists and apologists. At least he has good taste
in
 music, liking
 Robert Earl Keen's The Road Goes On Forever and the
 Party Never Ends.
 He says it represents the current era. Despite the
 name, the song is
 about larceny (quite appropriately).

 McTeer also missed the recent research indicating that
 poets on average
 live 6 years less than other authors. See

http://www.latimes.com/news/local/la-me-poets23apr23,1,1600439.story.

 By the way, the letter I posted to pen-l got published
 in the L.A.
 TIMES. See

http://www.latimes.com/news/printedition/opinion/la-le-devine23.2apr23,1
 ,4869466.story.
 
 Jim Devine [EMAIL PROTECTED] 
 http://bellarmine.lmu.edu/~jdevine


Iraq glossary

2004-04-23 Thread Louis Proyect
Counterpunch, April 23, 2004

Graveyard of Justifications
Glossary of the Iraqi Occupation
By PAUL de ROOIJ
It is amazing to me that they [CentCom] aren't more careful with their
language. They are talking about it in a language very much of early
colonialism, or just in a language of pure military ramboism.
Rahul Mahajan, FlashPoints.net, April 14, 2004, commenting on CentCom's
[US military command] use of the word cleansing.
Any time there is war or an occupation of another country, propagandists
or their media surrogates require language that mollifies, exculpates
and hides the grim reality or sordid deeds. In an attempt to gain a
deeper understanding of what is really happening in Iraq, this glossary
elucidates the terminology commonly used in the media. Its aim is to
enable us to peer through the linguistic fog.
There is a fundamental problem with such a glossary. The propagandists
will coin terms to exculpate or palliate aspects of the occupier's
activities, and aspects of the occupation whose mention cannot be
avoided. However, propagandists loathe referring to the uncomfortable
and repugnant aspects of the occupation or war. For example, it is very
clear that the US military will not publicize lists of Iraqi civilian
deaths (NB: they compile some lists, but these aren't made public [1]).
Iraqi hospital officials are discouraged from compiling lists of
civilian casualties and granting journalists access to morgues. The list
of forbidden compliant media topics is rather long, but a subset is
presented below.
Finally, the justifications for the war against Iraq, and the subsequent
occupation, have changed over time, and the third list below documents
the justifications proffered by the American occupiers to date. This
growing list is the graveyard of justifications.
The Glossary
Abused terminology Translation
---

Al-Qa'ida:

Bogeyman Rex.

There was no link between Al-Qa'ida and pre-2003 Iraq, and even now, the
US can't point to evidence of an Iraqi connection.
---

Ambassador:

Proconsul.

It is rather odd to call Paul Bremer an ambassador; the man even wears
army boots!
---

Anti-Iraq forces:

Catchall Opposition -- (and clear example of doublespeak).

Soon after the Occupation, the United States and its allies--military
and ideological--referred to the Iraqi resistance as 'foreign elements'
'terrorists' or 'former loyalists of the Saddam regime'. This
phraseology has now become redundant and US military spokesman are now
referring to the guerrillas as 'anti-Iraqi forces' as if to suggest that
the US, British, [...] and Polish troops represent Iraq but the Iraqis
who resist the occupation are anti-Iraqi.
--Tariq Ali, The Iraqi Resistance: a New Phase, CounterPunch, April
10, 2004.
Referring to many groups conveys the impression that a significant
segment of the population is ganging up against the US, and this is
counter to the propaganda claim that the opposition is a small
minority. Furthermore, Americans, including Bush, are notorious for not
knowing who is who in a country. So, forget the details, and go for a
catchall group!
---

Avenge:

Kill 100X of theirs for each one of ours.

Iraqi history is already being written. In revenge for the brutal
killing of four American mercenaries -- for that is what they were -- US
Marines carried out a massacre of hundreds of women and children and
guerillas in the Sunni Muslim city of Fallujah. The US military says
that the vast majority of the dead were militants. Untrue, say the
doctors. But the hundreds of dead, many of whom were indeed civilians,
were a shameful reflection on the rabble of American soldiery who
conducted these undisciplined attacks on Fallujah.
--Robert Fisk, By endorsing Ariel Sharon's plan George Bush has
legitimised terrorism, The Independent, April 16, 2004.
NB: the principle of avenging the occupier's losses by collective
punishment is a war crime. In Lidice during World War II, Germans killed
at least 172 civilians to avenge some of their own, and this was
considered a war crime. In Fallujah, the killing of four mercenaries has
resulted in hundreds of Iraqi civilians killed. Ariel Sharon would
approve.
Full: http://www.counterpunch.org/
--
The Marxism list: www.marxmail.org


NYT/For Japanese Hostages, Release Only Adds Stress

2004-04-23 Thread Michael Hoover
For Japanese Hostages, Release Only Adds to Stress

April 22, 2004
By NORIMITSU ONISHI

TOKYO, April 22 - The young Japanese taken hostage in Iraq
returned home this week, not to the warmth of a yellow
ribbon embrace but to a disapproving nation's cold stare.

The first three hostages, including a woman who helped
street children on the streets of Baghdad, first appeared
on television two weeks ago as their knife-brandishing
kidnappers threatened to slit their throats. A few days
after their release, they landed here on Sunday, in the eye
of a peculiarly Japanese storm.

You got what you deserve! one Japanese held up a
hand-written sign at the airport where they landed. You
are Japan's shame, another wrote on the Web site of one of
the hostages. They had caused trouble for everybody. The
government, not to be outdone, announced it would bill them
$6,000 for airfare.

Treated like criminals, the three have gone into hiding,
effectively becoming prisoners inside their own homes. The
kidnapped woman was last seen arriving at her parents'
house, looking defeated and dazed from taking
tranquilizers, flanked by relatives who helped her walk and
bow deeply before the media, as a final apology to the
nation.

Dr. Satoru Saito, a psychiatrist who has examined the three
twice since their return, said the stress they are enduring
now is much heavier than what they endured during their
captivity in Iraq. Asked to name their three most stressful
moments, the ex-hostages told him, in ascending order: the
moment when they were kidnapped on their way to Baghdad;
the knife-wielding incident; and the moment they watched a
television show, on the morning after their return here,
and realized Japan's anger with them.

Let's say the knife incident, which lasted about 10
minutes, ranks 10 on a stress level, Dr. Saito said in an
interview at his clinic today. After they came back to
Japan and saw the morning news show, their stress level
ranked 12.

Beneath the surface of Japan's ultra-sophisticated cities
lie the hierarchical ties that have governed this island
nation for centuries and that, at moments of crises,
invariably reassert themselves. The ex-hostages'
transgression was to ignore a government advisory against
traveling to Iraq. But their sin, in a vertical society
that likes to think of itself as classless, was to defy
what people call here okami, or, literally, what is
higher.

To the angry Japanese, the first three hostages - Nahoko
Takato, 34, who started her own non-profit organization to
help Iraqi street children; Soichiro Koriyama, 32, a
freelance photographer; and Noriaki Imai, 18, a freelance
writer also interested in the issue of depleted uranium
munitions - had acted selfishly. Two others kidnapped and
released in a separate incident - Junpei Yasuda, 30, a
freelance journalist, and Nobutaka Watanabe, 36, a member
of a pro-peace non-governmental organization - were equally
guilty.

Pursuing individual goals by defying the government and
causing trouble for Japan was simply unforgivable. So the
single government official to praise them was, not
surprisingly, an American one.

Well, everybody should understand the risk they are taking
by going into dangerous areas, said Secretary of State
Colin Powell. But if nobody was willing to take a risk,
then we would never move forward. We would never move our
world forward.

And so I'm pleased that these Japanese citizens were
willing to put themselves at risk for a greater good, for a
better purpose. And the Japanese people should be very
proud that they have citizens like this willing to do
that.

As an example of the unbridgeable gap between Japan and
America, consider this comment by Yasuo Fukuda, the
government's spokesman: They may have gone on their own
but they must consider how many people they caused trouble
to because of their action.

The criticism began almost immediately after the first
three were kidnapped two weeks ago. The environment
minister, Yuriko Koike, blamed them for being reckless.

After the hostages' families asked that the government
yield to the kidnappers' demand and withdraw its 550 troops
from southern Iraq, they began receiving hate mail and
harassing faxes and email. In the village of Japan, like
the one in The Lottery, one had to throw stones.

Even as the kidnappers were still threatening to burn alive
the three hostages, Yukio Takeuchi, a top official in the
foreign ministry, said of the three, When it comes to a
matter of safety and life, I would like them to be aware of
the basic principle of personal responsibility.

The foreign ministry, held both in awe and resentment by
the average Japanese, was the okami defied in this case.
While foreign ministry officials are Japan's super elite,
the average Japanese tends to regard them as arrogant and
unhelpful, recalling how they failed to deliver in time the
declaration of war against the United States in 1941 so
that Japan became forever known as a sneak-attack nation.

Defying the 

Muscular on defense

2004-04-23 Thread Louis Proyect
 From Aug. 1999 Nation Magazine editorial endorsement of Hillary Clinton:

Like Eleanor Roosevelt, with whom she likes to identify, Hillary Clinton
has spent the better part of her years as First Lady schlepping around
the country and the globe, meeting as often with the powerless as with
the powerful. There is nothing really new about her much-publicized
listening tour of New York except the several hundred reporters who are
now part of her entourage. She has visited more schools, daycare
centers, hospitals, family planning clinics, model factories, housing
projects, parks, micro-enterprises, agricultural cooperatives and the
like than her staff can tally. She has boundless energy and enthusiasm
for this sort of thing, born of her understanding that what works, and
what's therefore to be taken most seriously, is rarely the product of
elegant social or economic planning but rather the less predictable
outcome of the often messy process of democratic politics, where
policy-makers are obligated to respond to myriad interests.
===

NY Times, April 23, 2004
Keeping Close Eye on Senator, Clinton-Watchers Increasingly See a Hawk
By RAYMOND HERNANDEZ
WASHINGTON, April 22 - In 1969, Hillary Rodham, then a student, wound up
on the pages of Life magazine after giving a defiant commencement speech
at Wellesley College that reflected the antiwar sentiment and political
turmoil of the era.
We're not in the positions yet of leadership and power, but we do have
that indispensable task of criticizing and constructive protest,'' she
said, taking aim at the featured commencement speaker, Senator Edward W.
Brooke, a Republican from Massachusetts who urged support for the
Vietnam War in his address.
Fairly or not, Hillary Rodham Clinton's image on defense has been
largely defined by her actions during the Vietnam War, when she
organized teach-ins at Wellesley, as well as her association with her
husband, who aroused great suspicion within the military circles as a
result of his Vietnam draft record and his position on homosexuals in
the armed forces. But these days, Senator Clinton, of New York, has
offered a starkly different image, presenting herself as muscular on
defense even when that puts her at odds with members of her own party.
Even as the war in Iraq proves unpopular with her core base of liberal
supporters, not to mention some mainstream Democrats, Mrs. Clinton has
emerged as one of the most prominent Democratic backers of the military
activities. In recent months, in speeches and interviews, she has
defended her vote authorizing the Republican president to wage war,
argued for more troops in Iraq and sided with President Bush's
contention that Saddam Hussein was, as she put it, a potential threat''
who was seeking weapons of mass destruction, whether or not he actually
had them.''
Last week, with violence surging in Iraq, she stood by her decision to
approve a Congressional resolution permitting military action there,
though she did accuse the president of failing to build sufficient
international support for the war and failing to plan adequately for the
aftermath of Mr. Hussein's downfall. And she appeared to agree with
President Bush's contention that the conflict in Iraq was part of the
broader fight against terror, indicating that global threats like Mr.
Hussein took on greater urgency in a post-Sept. 11 world. After 9/11, a
lot of threats had to be looked at with fresh eyes,'' she said in the
interview.
full: http://www.nytimes.com/2004/04/23/nyregion/23hillary.html

--

The Marxism list: www.marxmail.org


Re: capitalism = progressive?

2004-04-23 Thread Devine, James
Just because I said the issue of enlightenment was normative doesn't mean that I don't 
think it's important. However, my reading of Marx wouldn't emphasize individual 
enlightenment and capacity for judgment as much as collective (class) consciousness 
(enlightenment, capacity for judgment). The kind of socialism (or communism) that Marx 
favored was based on the class consciousness -- and collective organization -- of the 
proletariat. Other kinds of socialism (e.g., Owen's utopian socialism) were not. 

Small-holding peasants can be quite enlightened and have great capacity for judgment 
_as individuals_ while their economic and social situation encourages the idiocy of 
rural life that formed one major basis for the demagogic dictatorship of Napoleon 
III.  


Jim Devine [EMAIL PROTECTED]   http://bellarmine.lmu.edu/~jdevine




 From: Ted Winslow [mailto:[EMAIL PROTECTED]
 Jim wrote:
 
  When you write of social relations that presuppose a high degree of
  enlightenment and capacity for  judgment on the part of the related
  individuals from those that presuppose significant superstition and
  prejudice you help define what socialists are in favor of. 
 That kind
  of normative issue should play a role, but I don't think 
 such issues
  should be mixed up with fruitless questions such as should we call
  the old USSR 'socialist'?
 
 It's not normative in the sense of apart from and independent of
 understanding (as opposed to judging in a normative sense) the nature
 of the self-consciousness, social relations and state power involved.
 It's explanatory as in Marx's explanation of the nature of the state
 power represented by Napoleon III in terms of the superstition and
 prejudice issuing from the social relations of the mass of French
 peasants.  The point of invoking what Marx means by socialism was to
 delineate a particular kind of state power and its class 
 basis i.e. the
 social relations and self-consciousness the particular kind requires.
 In particular, the social relations must have generated the required
 degree of rational self-consciousness (i.e. enlightenment, capacity
 for rational judgment).  I was asking whether this was true of the
 social relations of Russia in 1917.
 
 I'm assuming that Marx allows for degrees of rational
 self-consciousness ( as in the distinction between a 
 self-consciousness
 characterized by superstition and prejudice on the one 
 hand and one
 characterized by enlightenment and judgment on the other), that he
 understands the degree to be the product of social relations and that
 he makes it a determinant of the nature of state power (as in the
 passage from the 18th Brumaire).
 
 Ted
 



Re: capitalism = progressive?

2004-04-23 Thread michael
Schweizer, Peter. 1994. Victory: The Reagan Administration's Secret Strategy That 
Hastened the Collapse of the Soviet Union (NY: Atlantic Monthly Press).
31: William Casey met with Prince Turki of Saudi Arabia.  He showed him raw 
intelligence reports to make him fearful about Saudi security.  What Casey was trying 
to do was to send a prince a message.  No single
world oil producer had a greater effect on world oil prices than Saudi Arabia.  By 
raising the issues of oil pricing and the U.S. -- Saudi security relationship in the 
same conversation, Casey was in effect saying
that the two were related.  It was an element of the Reagan strategy.  We wanted 
lower oil prices, recalls Weinberger.  That's one of the reasons we were selling 
them arms. citing an interview with the author.
140-1: In early 1983, the Treasury Department concluded a massive secret study on 
international oil pricing.  Treasury often did reports on such subjects, but this one 
received considerable interest at the NSC.
Bill Casey and Caspar Weinberger also reviewed it.  The study took six months to write 
and was hundreds of pages long; it was an impressive compilation of data.  World oil 
prices were an important determinant of
both U.S. and Soviet economic health.  But exactly how significant were they to each 
superpower?
141: The report argued that the optimum oil price for the U.S. was approximately $20 
a barrel, well below the 1933 price of $34.  At the time the United States was 
spending $183 billion on 5.5 billion barrels of
oil a year.  Of that, imports amounted to 1.6 billion barrels.  A drop in 
international markets to $20 a barrel would lower U S. energy costs by $71.5 billion 
per year.  That was a transfer of income to American
consumers amounting to 1 percent of existing gross national product. Lower oil prices 
were basically like a tax cut, recalls Weinberger [in a personal interview with the 
author].
14l: While the effects for the United States were unambiguously good, dropping oil 
prices would have a devastating effect on the Soviet economy.  The report noted 
Moscow's heavy reliance on energy exports for
hard currency.  By Treasury Department calculations, every one dollar rise in the 
price of oil meant approximately $500 million to $1 billion extra in hard currency for 
the Kremlin.
143: Anything that could be done to suppress prices was being pursued.  The U.S. 
pressure in Britain to increase North Sea oil production, arguing that high oil prices 
would lead Europe to switch from oil to
natural gas from the Soviet Union.  The U.S. also stopped purchasing crude for the 
Strategic Petroleum Reserve.

Press reports indicate that his new book expands on this subject.

Aldo Balardini wrote:

 Michael,

 Can you explain how: 1) US manipulated oil prices and 2) how this manipulation of 
 oil prices lead (in part) to the collapse of the Soviet Union.



--

Michael Perelman
Economics Department
California State University
michael at ecst.csuchico.edu
Chico, CA 95929
530-898-5321
fax 530-898-5901


Re: economist-poet

2004-04-23 Thread michael
Bob McTeer, president of the Dallas branch of the Federal Reserve Board,
published a Free Enterprise Primer on the Internet.  According to this Web
site:
 ##In a free market system, the government doesn't organize, direct and
control economic activity.  If the government doesn't, who does?  Who
decides what is to be produced, and how, and in what quantities and quality,
and who gets the fruits of production?  The answer is that you and I decide
these important questions by the way we spend our money.  The market system
features consumer sovereignty, meaning that the consumer is king.  We decide
what will be produced by casting dollar votes for the things we want and by
not spending on the things we don't want.
 http://www.dallasfed.org/htm/dallas/primer.html


[EMAIL PROTECTED] wrote:

 yeh, he's been a hero of mine for years.  Seems like a
 nice, and sensible enough bloke if you ignore some
 pretty frightening departures into sub-Austrianism.
 Bit of an irritating habit of doing the Oh yes, Texas
 Texas Texas, I'm from Texas, did I ever tell you about
 Texas? bit while not actually coming from there or
 having any connection at all before being posted to the
 Dallas Fed.  But less boring than the run of the mill,
 and an interest rate dove so he's on our side.

 dd

 On Fri, 23 Apr 2004 08:09:25 -0700, Devine, James
 wrote:

 
  See
  http://www.npr.org/features/feature.php?wfId=1847162.
  This guy,
  Robert McTeer, the president of the Dallas Federal
  Reserve Bank, writes
  economic poetry. If I remember correctly, he's one of
  those total
  optimists and apologists. At least he has good taste
 in
  music, liking
  Robert Earl Keen's The Road Goes On Forever and the
  Party Never Ends.
  He says it represents the current era. Despite the
  name, the song is
  about larceny (quite appropriately).
 
  McTeer also missed the recent research indicating that
  poets on average
  live 6 years less than other authors. See
 
 http://www.latimes.com/news/local/la-me-poets23apr23,1,1600439.story.
 
  By the way, the letter I posted to pen-l got published
  in the L.A.
  TIMES. See
 
 http://www.latimes.com/news/printedition/opinion/la-le-devine23.2apr23,1
  ,4869466.story.
  
  Jim Devine [EMAIL PROTECTED] 
  http://bellarmine.lmu.edu/~jdevine

--

Michael Perelman
Economics Department
California State University
michael at ecst.csuchico.edu
Chico, CA 95929
530-898-5321
fax 530-898-5901


Re: Got this from Deborah

2004-04-23 Thread Mike Ballard
 the Gospel of Debbie
 THE GOSPEL OF DEBBIE
 by PAUL RUDNICK

 Recent works like The Passion of the Christ and
The Da Vinci
 Code seek to illuminate the life of Jesus. Not long
ago, an
 additional text was discovered in an ancient linen
backpack found in
 a cave outside Jerusalem, surrounded by what
appeared to be early
 Roman candy wrappers and covered with stickers
reading I [heart] All
 Faiths and Ask Me About
 Hell.

 A parchment diary found inside the backpack appears
to contain the
 musings of one Debbie of Galilee. Many of the pages
are still being
 translated from high-school Aramaic; here are some
persuasive
 excerpts.

 October 5

 I saw him in the marketplace! Everyone says that
he's the son of God,
 but I don't care one way or the other because he's
just so cute!!!
 O.K., he's not hot like a gladiator or a centurion,
but he's really
 sensitive and you can tell that he thinks about
things and then goes,
 Be nice to people, and I'm like, that is so true,
and I wonder if
 he's seeing anyone!

 October 21

 Everyone says that he's just totally good and
devoted to all humanity
 and that he was sent to save us and that's why he
doesn't have time
 for a girlfriend, although I swear I saw Mary
Magdalene doodling in
 the sand with a stick, writing Mrs. Jesus Christ
and Merry Xmas
 from Mary and Jesus Christ and All the Apostles,
with little holly
 leaves all around it. And I'm like, Mary, are you
dating Jesus? and
 she says, no, he's just helping me, and I'm like,
you mean with math?
 and she's like, no, to not be such a whore. And I
said, but that is
 so incredibly sweet, and we both screamed and talked
about whether we
 like him better when he's healing the lame or with a
ponytail.

 December 25

 I wanted to get him the perfect thing for his
birthday, so I asked
 Matthew
 and he said, well, myrrh is good, but then Luke
said, oh please,
 everyone
 always gives him myrrh, I bet he wishes those wise
men had brought
 scented
 candles, some imported marmalade, and a nice box of
notecards. So I
 go,
 O.K., what about accessories, like a new rope belt
or clogs or like I
 could make him a necklace with his name spelled out
in little clay
 letters? and Mark said, I love that, but Luke rolled
his eyes and
 said, Mark, you are just such an Assyrian. So I go
to see Mary,
 Jesus' mom, and she said that Jesus doesn't need
gifts, that he just
 wants all of us to love God and be better people,
but I asked, what
 about a sweater? and she said medium.

 January 2

 Oh my God, oh my God, I couldn't believe it, but I
was right there,
 and Jesus used only five loaves of bread and two
fish to feed
 thousands of people, and it was so beautiful and
miraculous, and my
 brother Ezekiel said, whoa, Jesus has invented
canapes and I said
 shut up! And then my best friend Rachel asked, I
wonder if he could
 make my hair really shiny, and I said, you are so
disgusting, Jesus
 shouldn't waste his time on your vanity, and then
Jesus smiled at me
 and I'm telling you, those last seven pounds, the
stubborn ones, they
 were totally gone! And I spoke unto the angry Roman
mob and I said,
 behold these thighs! Jesus has made me feel better
about me!

 March 12

 Everyone is just getting so mean. They're all going,
Debbie, he is so
 not
 divine, Debbie, you'll believe anything, Debbie,
what about last year
 when
 you were worshipping ponchos? And I so don't trust
that Judas
 Iscariot,
 who's always staring at me when I walk to the well
and he's saying,
 hey,
 Deb, nice jugs, and I'm like, oh ha ha ha, get some
oxen.
 
 April 5

 So Mary Magdalene tells me that Jesus and all the
apostles had this
 big  party and that it got really intense and Jesus
drank from this
 golden
 goblet and now it's missing and the restaurant is
like, this is why
 there's a surcharge.

 April 23

 It's all over. And it's been terrible and amazing
and I don't know
 what
 any of it means or who's right and who's wrong but
maybe I'll figure
 it
 out later. Anyway, I'll always remember what Jesus
said to me. He
 said,
 Debbie, I can foresee that someday you'll meet
someone, someone
 wonderful,
 but for right now let's at least think about
college.


=
On stopping terrorism:
What the world needs are not armies of soldiers
sowing death and
destruction, but armies of physicians, teachers and
engineers bringing
health, education, progress and well-being...this is
the only option.
-Cuban diplomat Jorge Ferrer Rodriguez speaking at the
U.N. Commission on
Human Rights. 3/23/04







__
Do you Yahoo!?
Yahoo! Photos: High-quality 4x6 digital prints for 25¢
http://photos.yahoo.com/ph/print_splash


Re: capitalism = progressive?

2004-04-23 Thread Ted Winslow
Jim wrote:

Just because I said the issue of enlightenment was normative doesn't 
mean that I don't think it's important. However, my reading of Marx 
wouldn't emphasize individual enlightenment and capacity for judgment 
as much as collective (class) consciousness (enlightenment, capacity 
for judgment). The kind of socialism (or communism) that Marx favored 
was based on the class consciousness -- and collective organization -- 
of the proletariat. Other kinds of socialism (e.g., Owen's utopian 
socialism) were not.

Small-holding peasants can be quite enlightened and have great 
capacity for judgment _as individuals_ while their economic and social 
situation encourages the idiocy of rural life that formed one major 
basis for the demagogic dictatorship of Napoleon III.
For reasons I'll give, my understanding of the relation between 
individual and class consciousness differs from this.

My initial point was that there is an internal relation between 
self-consciousness, social relations and state power.  This relation is 
such that where the requisite self-consciousness can't develop within 
existing social relatons, social relations and state power can't become 
socialist in Marx's sense.  They couldn't have done so, for instance, 
in mid-nineteenth century France.  Moreover, their own essence is such 
that they can't be created for individuals; they have to be created by 
them.

In the case of Russia in 1917, there's some evidence that the dominant 
social relations produced a self-consciousness characterized by 
significant prejudice and superstition.  Another book of Worobec's 
containing such evidence is _Possessed: Women, Witches and Demons in 
Imperial Russia_.   If relations are internal, the social relations and 
state power that emerge in a given context (no matter what we choose to 
call them) will be internally related to the self-consciousness that 
dominates the context.

I think Marx's ontology is individualist in the sense that it allows 
only individuals to be the locus of agency and the realization of 
value.  The importance of class derives from another ontological idea 
- internal relations.  The nature of the individual - its essence - 
is the outcome of its relations.  This is the way I would interpret 
Marx's claim about the human essence in the the sixth thesis on 
Feuerbach.

The essence of the human individual is freedom defined, as Hegel 
defines it, as the potential for a will proper and a universal 
will.  In Marx this is embodied in the idea of the universally 
developed individual,  a kind of individual requiring  for its full 
realization the relations that define the realm of freedom, an 
association in which the free development of each is the condition of 
the free development of all.

The importance of class derives from role of relations of production 
in the development of individuality to freedom in this sense (equated, 
as in Kant and Hegel, with a universal will i.e. a will that places 
reason at the basis of its actions as in Kant's definition art as 
production through freedom - By right we ought only to describe as 
art, production through freedom, i.e. through a will that places reason 
at the basis of its actions.)  This importance derives from the 
importance Hegel gives to the master/slave relation in his account, in 
the Phenomenology, of the development of mind to Reason i.e. to 
freedom.

It's in this way that class - relations of production - conditions 
the degree of rational self-consciousness attainable by individuals.  
Because the degree is the outcome of the relations (they are internal 
relations) we can generalize to most members of the class.  Class 
consciousness consequently means a self-consciousness characteristic 
of most members of a class in consequence of these shared relations.

So when Marx makes the prejudice and superstition of the mass of 
French peasants a cause of Napoleon III, he has in mind the 
self-consciousness of the individuals forming this mass.  As is 
indicated in the passage, he claims this shared self-consciousness is 
the outcome of their relations.

This points, by the way, to another connection to Kant.  The usage of 
the terms enlightenment, judgment, prejudice and superstition 
matches Kant's in the following passage from the Critique of Judgment.  
For instance, as Marx describes them,  the social relations of French 
peasants were inconsistent with the development of the enlarged 
thought that Kant identifies with judgment.

They ['maxims of common human understanding'] are: (1) to think for 
oneself; (2) to put ourselves in thought in the place of everyone else; 
(3) always to think consistently.  The first is the maxim of 
unprejudiced thought; the second of enlarged thought; the third of 
consecutive thought.  The first is the maxim of the never passive 
reason.  The tendency to such passivity, and therefore to heteronomy of 
reason, is called prejudice; and the greatest prejudice of all is to 
represent 

Rogoff on Bush's political business cycle

2004-04-23 Thread michael perelman
Rogoff, Kenneth. 2004. Bush Throws a Party. Foreign Policy
(March/April): pp. 80-81.
How does U.S. President George W. Bush's preelection spending binge
stack up against history?
Any alert voter can see that U.S. President George W. Bush is
engineering a remarkable election-time economic boom.  But before
high-minded economists and commentators start crying foul, just how
excessive is the Bush business cycle?  How will this president's
economic pursuit of electoral success stack up against the standard for
largesse set by U.S. President Richard Nixon back in 1971-72, or against
the free-spending ways of politicians in the rest of the world, for that
matter?
In late 2003, Bush pushed through a spectacular increase in old-age
benefits, offering huge subsidies for the purchase of prescription
drugs.  Of course, in 1972, Nixon really swung for the fences by hiking
Social security benefits some 20 percent.  Comparing the costs of the
two policies is difficult, since it hinges on the role of drugs in
future medical treatments, but my personal estimate is that the annual
price tags are roughly equal.  The advantage goes to Nixon, because he
began indexing Social security benefits to inflation at the same time.
Presidents seeking a preelection boost can also run big deficits to
increase domestic demand.  Bush's high spending results from homeland
security and Iraqistan, whereas Nixon experienced the mother of all
financial pits: Vietnam.  Both presidents slashed taxes before their
reelection campaigns (although Nixon recognized that the economy would
pay for his profligacy later).  The Nixon budget deficit in 1971 and
1972 was around 2 percent of gross domestic product (GDP); Bush's
deficit exceeded 4 percent in 2003 and will likely reach 4 percent again
in 2004. Advantage: Bush.
Exporters in Bush's economy are also benefiting from a sharp
depreciation of the U.S. dollar, as they did under Nixon in 1972.  The
ultimate decline of the dollar will likely be far more spectacular under
Bush than under Nixon.  But whereas the movements may have been smaller
under Nixon, they were much more traumatic, because in the early 1970s,
exchange rates weren't supposed to move at all!  The dollar depreciation
only followed the complete collapse of the long-standing Bretton Woods
system of fixed exchange.  So call it a tie:  Bush for size of
exchange-rate moves, Nixon for drama and trauma.
Next, consider monetary policy.  In theory, the U.S. Federal Reserve is
independent of the executive branch. But just listen to the 1972 White
House tapes of Nixon's blistering exchanges with then Federal Reserve
Board Chairman Arthur Burns.  Historians can debate whether Nixon
intimidated Burns or if the chairman simply succumbed to faulty
economics.  Regardless, Burns certainly delivered the goods.  In the
run-up to the 1972 election, he printed money like it was going out of
style, wreaking havoc with global price stability and exacerbating
worldwide inflation.
Bush is the beneficiary of an extremely aggressive monetary policy,
with interest rates reaching 45-year lows in 2003.  And yes, if rates
remain too low for too long, inflation could heat up after the election.
But even in a worst-case scenario, inflation is unlikely to reach the
double-digit levels of the 1970s anytime soon.  While Burns's monetary
policy was atrocious, current Fed Chairman Alan Greenspan's hardly
threatens a reckless inflation binge.  Advantage: Nixon.
Overall winner: Nixon-although Bush has eight months left.
Does all this election-year economic engineering pay?  In the short
run, yes, because voters sure like a booming economy and a free-spending
government at election time.  They don't seem to question why anyone
should reward a politician for artificially boosting an economy before
elections, even if doing so produces serious long-term problems.
Perhaps, like moviegoers who expect to be emotionally manipulated,
voters just enjoy an election-year high.
Occasionally, politicians resist temptation.  In 1979, U.S. President
Jimmy Carter replaced his spectacularly ineffectual Fed Chairman William
Miller with the tough-minded Paul Volcker, who over the next five years
reversed the inflation damage Burns and Nixon had wrought.  In
appointing Volcker, Carter did his nation a great service, yet probably
sealed his fate as a one-term chief executive.  But Carter was the
exception.  According to the diaries of former British Chancellor of the
Exchequer Nigel Lawson, even a budget hawk such as former British Prime
Minister Margaret Thatcher pushed for looser macroeconomic policy during
reelection campaigns.


--

Michael Perelman
Economics Department
California State University
michael at ecst.csuchico.edu
Chico, CA 95929
530-898-5321
fax 530-898-5901


Re: capitalism = progressive?

2004-04-23 Thread Mike Ballard
--- Ted Winslow [EMAIL PROTECTED] wrote:

 My initial point was that there is an internal
 relation between
 self-consciousness, social relations and state
 power.  This relation is
 such that where the requisite self-consciousness
 can't develop within
 existing social relatons, social relations and state
 power can't become
 socialist in Marx's sense.  They couldn't have done
 so, for instance,
 in mid-nineteenth century France.  Moreover, their
 own essence is such
 that they can't be created for individuals; they
 have to be created by  them.

Hi Ted,

I agree with most of your observations and I'm not
trying to play one-upsmanship here; but Marx and many
others thought that the French--espeically the workers
of Paris--had reached at least a level of class
consciousness sufficient to begin to junk the old
State machinery and to attempt to create a class
dictatorship of their own: the Paris Commune of 1871.
Of course, France was awash with a peasant class as
was the Czarist Empire of 1917.



 In the case of Russia in 1917, there's some evidence
 that the dominant
 social relations produced a self-consciousness
 characterized by
 significant prejudice and superstition.  Another
 book of Worobec's
 containing such evidence is _Possessed: Women,
 Witches and Demons in
 Imperial Russia_.   If relations are internal, the
 social relations and
 state power that emerge in a given context (no
 matter what we choose to
 call them) will be internally related to the
 self-consciousness that
 dominates the context.

The weight of reified, religious consciouness, of
superstition and so on was undoubtedly high in Russia
back in '17.  Again, social relations was immersed in
a sea of peasants.  But other facts on the ground
amongst the workers were also brewing.  Women weavers
of Ivanovo had created the first workers' council in
1905, two years after Lenin had proclaimed in What is
To Be Done? that workers by themselves could not
reach anything higher than trade-union consciousness.
But then, this always sounded like one of Blanqui's
obeservations.

The Blanquists fared no better. Brought up in the
school of conspiracy, and held together by the strict
discipline which went with it, they started out from
the viewpoint that a relatively small number of
resolute, well-organized men would be able, at a given
favorable moment, not only seize the helm of state,
but also by energetic and relentless action, to keep
power until they succeeded in drawing the mass of the
people into the revolution and ranging them round the
small band of leaders. this conception involved, above
all, the strictest dictatorship and centralization of
all power in the hands of the new revolutionary
government.
http://www.marxists.org/archive/marx/works/1871/civil-war-france/postscript.htm

 I think Marx's ontology is individualist in the
 sense that it allows
 only individuals to be the locus of agency and the
 realization of
 value.  The importance of class derives from
 another ontological idea
 - internal relations.  The nature of the
 individual - its essence -
 is the outcome of its relations.  This is the way I
 would interpret
 Marx's claim about the human essence in the the
 sixth thesis on
 Feuerbach.

 The essence of the human individual is freedom
 defined, as Hegel
 defines it, as the potential for a will proper and
 a universal
 will.  In Marx this is embodied in the idea of the
 universally
 developed individual,  a kind of individual
 requiring  for its full
 realization the relations that define the realm of
 freedom, an
 association in which the free development of each is
 the condition of
 the free development of all.

Yes, the proles can't emancipate themselves from
wage-slavery and the dictatorship of the capitalist
class, without becoming themselves, as individuals
conscious of who they are--the wealth producers of
society--people who give up what they create to people
who employ them for wages or salaries.

As the bearded ones put it:

All the preceding classes that got the upper hand
sought to fortify their already acquired status by
subjecting society at large to their conditions of
appropriation. The proletarians cannot become masters
of the productive forces of society, except by
abolishing their own previous mode of appropriation,
and thereby also every other previous mode of
appropriation. They have nothing of their own to
secure and to fortify; their mission is to destroy all
previous securities for, and insurances of, individual

property.

All previous historical movements were movements of
minorities, or in the interest of minorities. The
proletarian movement is the self-conscious,
independent movement of the immense majority, in the
interest of the immense majority. The proletariat, the
lowest stratum of our present society, cannot stir,
cannot raise itself up, without the whole
superincumbent strata of official society being sprung
into the air.
http://www.anu.edu.au/polsci/marx/classics/manifesto.html

Then, you 

Re: capitalism = progressive?

2004-04-23 Thread Chris Doss
5. Gorbachev opening up the criticism of the system before he started

fixing it.
--

Well, the IMMEDIATE cause of the collapse of the USSR was the need to get rid of 
Gorbachev by depriving him of his country. It was a coup, really. Most of the 
population was against it.