Re: What went right?

1998-03-11 Thread Dennis R Redmond
On Mon, 9 Mar 1998, john gulick wrote: Your persistent celebration of Central European and Japanese neo-mercantilism misses the flip side of the dialectical coin -- neo-liberal America with its super-dollar and its credit card Keynesianism realizes the value that these countries' workers

BLS Daily Report

1998-03-11 Thread Richardson_D
BLS DAILY REPORT, TUESDAY, MARCH 10, 1998 RELEASED TODAY: In the fourth quarter, productivity rose in both the business and nonfarm business sectors by less than it had in the previous quarter For the year 1997, productivity increases in both sectors were about the same as the 1996

PERSPECTIVE ON AFRICA: A Forced March to Congress' Tune

1998-03-11 Thread Robert Naiman
Los Angeles Times Wednesday, March 11, 1998 PERSPECTIVE ON AFRICA A Forced March to Congress' Tune A bill emerges to impose business-friendly U.S. and IMF development standards on sub-Saharan countries. By RANDALL

Re: new e-zine

1998-03-11 Thread Wojtek Sokolowski
At 06:33 PM 3/10/98 -0500, Doug Henwood cited: Foreword by Marc Bousquet: "The degree holder is the waste product of a job system that produces Ph.D holders but does not use them. In language and literature more than any other field the teaching machine runs on non-degreed labor. . . ." While

Re: what when right again

1998-03-11 Thread William S. Lear
On Wed, March 11, 1998 at 09:20:07 (+0800) Anthony D'costa writes: ... in today's highly competitive world economy. Doesn't this imply selling at (near) marginal costs, ergo zero (low) profits? Are today's profit levels consistent with this

Re: what when right again

1998-03-11 Thread Dennis R Redmond
On Wed, 11 Mar 1998, Anthony D'costa wrote: In a nutshell the US has the most "conducive" sets of institutional arrangements for the reproduction and expansion of capital in today's highly competitive world economy. Says Wall Street. The downsized Main Streeters kaizening for Hyundai and

Re: What went right?

1998-03-11 Thread Mark Jones
Dennis R Redmond wrote: Ah, yes, this explains the amazing resurgence of that British car industry, yes? Dennis, your fascination with widgets blinds you to certain truths about the contemporary set-up. As well as those powerhouse Brit electronics/software/ semiconductor firms, busily

Re: new e-zine

1998-03-11 Thread Rosser Jr, John Barkley
I would like to second at least one part of Wojtek's remarks. The idea that somehow economists are much nicer people and fundamentally better colleagues than language/lit professors is not credible, indeed plenty of evidence to the contrary exists, if anything. We as a group are a

Re: BLS Daily Report

1998-03-11 Thread michael
BLS DAILY REPORT, TUESDAY, MARCH 10, 1998 The economy is generating millions of new jobs every year, but most Americans' standard of living is stagnant, says Louis Uchitelle (New York Times, March 8, page 1, section 3). What's wrong? With new competitors all around and customers growing

Re: what when right again

1998-03-11 Thread michael
Anthony D'costa wrote: In a nutshell the US has the most "conducive" sets of institutional arrangements for the reproduction and expansion of capital in today's highly competitive world economy. If Anthony means that the U.S. has been effective in smashing organized labor and quelling

Re: new e-zine

1998-03-11 Thread William S. Lear
On Wed, March 11, 1998 at 16:55:06 (-0500) Rosser Jr, John Barkley writes: ... It is safer to stick with the relative demand growth argument. Language/lit demand simply has not kept pace. Isn't it also true that these "liberal" programs have been relentlessly attacked and defunded by

trivia quiz - 1

1998-03-11 Thread DOUG ORR
This is the first of two trivia quizzes. Actually, not really trivial, because both of the questions came up in classes I am teaching and I hope to provide answers for my students. Who said: "I can hire half of the working class to kill the other half." Thanks, Doug Orr [EMAIL PROTECTED]

Re: trivia quiz - 1

1998-03-11 Thread Doug Henwood
DOUG ORR wrote: Who said: "I can hire half of the working class to kill the other half." Was it Henry Frick? Doug

Re: Jeff Madrick on The Computer Revolution

1998-03-11 Thread Rakesh Bhandari
Madrick wrote: All this requires greater use of the one characteristic that machines cannot replace: human imagination. The modern economy, I would argue, may be returning to a high-technology version of a crafts economy, based on worker skills, thinking, and inventiveness, rather than on the

Re: trivia quiz - 1

1998-03-11 Thread James Michael Craven
Date sent: Wed, 11 Mar 1998 15:48:19 -0800 (PST) Send reply to: [EMAIL PROTECTED] From: DOUG ORR [EMAIL PROTECTED] To: [EMAIL PROTECTED], [EMAIL PROTECTED] Subject:trivia quiz - 1 This is the first of two trivia quizzes. Actually, not really trivial,

DW: Update: Bills to Put CRS reports on the Internet

1998-03-11 Thread Michael Eisenscher
*** Democracies Online Newswire - http://www.e-democracy.org/do *** --- Forwarded Message Follows --- Date: Tue, 10 Mar 1998 14:55:02 -0500 (EST) Reply-to: [EMAIL PROTECTED] From: Gary Ruskin [EMAIL PROTECTED] To:Multiple recipients of list CONG-REFORM

RE: going to the top

1998-03-11 Thread John Treacy
The old wobbly spirit is still alive? [EMAIL PROTECTED] -Original Message- From: [EMAIL PROTECTED] [mailto:[EMAIL PROTECTED]]On Behalf Of Wojtek Sokolowski Sent: Monday, March 09, 1998 11:17 AM To: [EMAIL PROTECTED]; [EMAIL PROTECTED] Subject: going to the top The latest instance of

Re: social liberalism

1998-03-11 Thread maxsaw
Whatever liberalism came out of FDR's time has now split between a quasi-social democratic view which is oriented to labor and living standard issues on one side, and a more middle-class focus on 'the poor,' ecology, reproductive rights, civil liberties, and at its worst, 'identity

Marc Cooper's Nation article

1998-03-11 Thread Mike Yates
Friends, A couple of days ago, Louis P. posted part of an article by Marc Cooper on Chile 25 years after Allende's murder. It is also in this week's Nation magazine. Jim D. reacted to Louis's comments, a little too critically in my view. This article is really excellent, a fine combination of

Re: trivia quiz - 2 (a bit harder!)

1998-03-11 Thread Doug Henwood
DOUG ORR wrote: Trivia question number two. This may be one of those "urban myths" but back in the distant past when I was in graduate school, I was told about a study that found that there was a correlation between the lengths of women's skirts and the business cycle. About six months after

Net freedom crisis in DC (yet again)

1998-03-11 Thread valis
== This concerns yet another Internet censorship bill quietly snaking its way through Congress even as I peck, and what you can do about it. Personally, I think it's past-due time to dismantle Washington brick by overpriced brick, but I'm copping to Civics 101A on this one, just

trivia quiz - 2 (a bit harder!)

1998-03-11 Thread DOUG ORR
Trivia question number two. This may be one of those "urban myths" but back in the distant past when I was in graduate school, I was told about a study that found that there was a correlation between the lengths of women's skirts and the business cycle. About six months after skirt lengths

Media bias (fwd) -- for your respective lists (fwd)

1998-03-11 Thread michael
Forwarded message: From [EMAIL PROTECTED] Wed Mar 11 21:32:27 1998 Delivered-To: [EMAIL PROTECTED] Delivered-To: [EMAIL PROTECTED] From: Sid Shniad [EMAIL PROTECTED] Message-Id: [EMAIL PROTECTED] Subject: Media bias (fwd) -- for your respective lists To: [EMAIL PROTECTED] (Sam Lanfranco),

Re: what when right again

1998-03-11 Thread michael
Ken Hanly wrote: Although intense competition is part of the global mix other developments lessen competition in favor of monopoly. I agree 100% with Ken here and with a semingly different comment by Bill Lear. Marginal cost pricing would spell doom for capital. Although the world

social liberalism

1998-03-11 Thread Rosser Jr, John Barkley
This message is going to several lists simultaneously. Some time ago on several lists there was a discussion regarding how it came to be that in the US "liberal" came to mean someone who favored government intervention in the economy, in contrast to "classical liberalism" and how the

Re: What went right?

1998-03-11 Thread Rosser Jr, John Barkley
Doug, You should have said "take that, Post Keynesians!" Most garden variety Keynesians who believe in the ISLM model (supposedly nobody does, but all policymakers and all macroeconometric forecasting models do) would and did predict that taxing the rich to reduce the deficit would

Re: What went right?

1998-03-11 Thread Dennis R Redmond
On Wed, 11 Mar 1998, Mark Jones wrote: The US is not falling behind, it is moving ahead. And Japan and Germany are not going to catch up and overtake Anglo-Saxon capitalism anytime soon, if ever. BTW, people write off Rule Britannia too easily. As the 51st state of the Union, we are doing

Re: what when right again

1998-03-11 Thread Ken Hanly
James Devine wrote: At 12:12 PM 3/11/98 -0600, Bill wrote: On Wed, March 11, 1998 at 09:20:07 (+0800) Anthony D'costa writes: ... in today's highly competitive world economy. Doesn't this imply selling at (near) marginal costs, ergo

Jeff Madrick on The Computer Revolution

1998-03-11 Thread Louis Proyect
(concluding section of essay in www.nybooks.com/nyrev, the electronic version of the NY Review of Books) -- What is holding US productivity back? Economists have come up with no generally accepted answers. But one question that should be more deeply explored,

Re: what when right again

1998-03-11 Thread James Devine
At 12:12 PM 3/11/98 -0600, Bill wrote: On Wed, March 11, 1998 at 09:20:07 (+0800) Anthony D'costa writes: ... in today's highly competitive world economy. Doesn't this imply selling at (near) marginal costs, ergo zero (low) profits? Are

Re: What went right?

1998-03-11 Thread MScoleman
In a message dated 98-03-11 09:36:51 EST, Mark writes (amongst other things): Anglo-Saxon world dominion has lasted for almost three centuries and will probably last as long as capitalism. Mark It depends on how you define Anglo-Saxon. maggie coleman [EMAIL PROTECTED]

The Further Adventures of billg

1998-03-11 Thread valis
While for the moment there's not much to be said or speculated upon re the Microsoft anti-trust hearings, Citizen Emperor billg has trouble coming at him along quite a different trajectory (although it too originates in Washington). Has no one noticed? Very soon Congress holds the vote on NATO

Re: What went right?

1998-03-11 Thread Mark Jones
Dennis wrote: The point is that East Asia and Central Europe are going to be the key battlegrounds for the global class struggle; in a world-economy where the US makes up only around 20% of total production, and is trillions of euros in debt to the new metropoles, we like Britain before us

Re: what when right again

1998-03-11 Thread Anthony D'costa
The ability of capital to restructure, reorganize, (or reengineer), and reinvent are critical to its reproduction. I have examined this rather vacuous statement in my study of the global restructuring of the steel industry. Two elements to this story are innovations (Marxian or Schumpeterian,