Yeah? And who emerges from the spotless sheets? You positing a saviour of
some sort, Sandwichman?
Jo
At 13:18 21-09-00 , you wrote:
There is an immaculate conception between this topic and the "Market as
God" thread.
Tom Walker
Sandwichman and Deconsultant
215-2273
Can anyone refer me to material that details what actions Malaysia took in the
1997 financial crisis, and analyses the results?
Bill Rosenberg
Can anyone refer me to material that details what actions Malaysia took in the
1997 financial crisis, and analyses the results?
Bill Rosenberg
There's a little bit on it in:
http://www.kc.frb.org/PUBLICAT/SYMPOS/2000/krugman.pdf
--
J. Bradford DeLong
Professor of Economics, U.C. Berkeley
601
I wrote:
There is an immaculate conception between this topic and the "Market as
God" thread.
Jo wrote:
Yeah? And who emerges from the spotless sheets? You positing a saviour
of some sort, Sandwichman?
Don't you mean:
And what rough beast, its hour come round at last,
Slouches
Ken Hanly wrote:
I thought that the Summers' memo was supposed to have been written by
someone else and generous Lawrence bravely accepted the fallout from it. In
a discussion on Pen-L a while ago someone advanced this viewpoint. Now we
have a different story from the horse's mouth or is it more
Jim Devine suggested a passage on page 128 (vintage) 38 (progress). The
explicit distinction is on page 152/66. Marx is clear in stating that
value and its magnitude DO NOT originate in exchange value, they are
"expressed" in exchange value.
Tom, could you give the full quote?
Jim Devine
BLS DAILY REPORT, WEDNESDAY, SEPTEMBER 20, 2000:
Today's News Release: EXTENDED MASS LAYOFFS IN THE SECOND QUARTER OF 2000
indicates that in the second quarter of 2000 there were 1,187 mass layoff
actions by employers that resulted in the separation of 227,114 workers
from their jobs for
[EMAIL PROTECTED] 09/20/00 05:38PM
Originally, Charles Brown (CB) wrote:
CB: Do you happen to recall where Marx makes the distinction between
"exchange value" and "value" ? I thought "value" was shorthand for
"exchange value" in _Capital_.
I wrote:
For example, in the first section of
[EMAIL PROTECTED] 09/21/00 10:54AM
Originally, Charles Brown (CB) wrote:
CB: Do you happen to recall where Marx makes the distinction between
"exchange value" and "value" ? I thought "value" was shorthand for
"exchange value" in _Capital_.
Jim Devine suggested a passage on page 128
"...the common substance that manifests itself in the exchange-value of
commodities, whenever they are exchanged, is their value. The
progress of our
investigation will show that exchange-value is the only form in
which the value
of commodities can manifest itself or be expressed. For
Charles Brown wrote,
Though most of the book "value" is used. But "value" can be used to refer
to "use-value" too. Value in the sense of "wealth" is in the form of
commodities, and commodities are bundles of exchange-value and use-value.
Remember, though, "A commodity appears at first sight
[EMAIL PROTECTED] 09/21/00 12:22PM
Charles Brown wrote,
Though most of the book "value" is used. But "value" can be used to refer
to "use-value" too. Value in the sense of "wealth" is in the form of
commodities, and commodities are bundles of exchange-value and use-value.
Remember,
Mat Forstater wrote,
I don't see either one as short-hand for the other. Exchange-value is the
expression of value.
Correct. However, Marx _used_ exchange-value as an abbreviation, _said_ he
had used it as an abbreviation but then pointed out that, strictly
speaking, it was wrong to do so. I
Although there is supposedly a frantic search for the causes of wealth
inequality there is little mention of private ownership of the means of
production and production for profit as a cause. One commentator does
mention unfettered capitalism. A few more fetters and everything will be
fine.
"This section solves the puzzle about value and prices of production called
the transformation problem ... It is not crucial to the larger story of
capitalism." -- Charles Andrews, _From Capitalism to Equality_, p. 97.
Jim Devine [EMAIL PROTECTED] http://bellarmine.lmu.edu/~jdevine
I wrote:
Carbon is the common substance or factor in diamonds, pure coal, and Bucky
balls. It is manifested in them. But we can't say that diamonds, pure
coal, and Bucky balls are equal to Carbon. We can't use "Carbon" as
short-hand for them. Rather, they are different forms of Carbon.
saith
Jim,
I don't have the book yet and will not be able to get it probably for a while, so
could you please comment or reproduce Andrews' discussion (main points or how his
proposed solution differ or reproduces other previous solutions) of the transformation
problem.
Thanks,
Fabian
--
On
[EMAIL PROTECTED] 09/21/00 04:13PM
I wrote:
Carbon is the common substance or factor in diamonds, pure coal, and Bucky
balls. It is manifested in them. But we can't say that diamonds, pure
coal, and Bucky balls are equal to Carbon. We can't use "Carbon" as
short-hand for them. Rather, they
At 04:37 PM 9/21/00 -0400, you wrote:
Jim,
I don't have the book yet and will not be able to get it probably for a
while, so could you please comment or reproduce Andrews' discussion (main
points or how his proposed solution differ or reproduces other previous
solutions) of the transformation
[received over the web...]
Newspaper Readers:
To help us understand whom we're dealing with . . . .
The Wall Street Journal is read by the people who run the country.
The New York Times is read by people who think they run the country.
The Washington Post is read by people who think they
At 04:37 PM 9/21/00 -0400, you wrote:
Jim,
I don't have the book yet and will not be able to get it probably for a
while, so could you please comment or reproduce Andrews' discussion (main
points or how his proposed solution differ or reproduces other previous
solutions) of the transformation
What about his discussion of the falling r? Does he also take a single/simulataneist
system approach or he mentions temporality?
--
On Thu, 21 Sep 2000 13:54:43 Jim Devine wrote:
At 04:37 PM 9/21/00 -0400, you wrote:
Jim,
I don't have the book yet and will not be able to get it probably for
I haven't gotten to that...
At 05:19 PM 9/21/00 -0400, you wrote:
What about his discussion of the falling r? Does he also take a
single/simulataneist system approach or he mentions temporality?
--
On Thu, 21 Sep 2000 13:54:43 Jim Devine wrote:
At 04:37 PM 9/21/00 -0400, you wrote:
Jim,
I
Max Sawicky wrote:
Alert. Alert. Value theory thread incoming.
Take cover.
Value theory? What's that?
Doug
At 07:19 PM 9/21/00 -0400, you wrote:
Max Sawicky wrote:
Alert. Alert. Value theory thread incoming.
Take cover.
Value theory? What's that?
Doug
economists know the price everything and the value of nothing...
Jim Devine [EMAIL PROTECTED] http://bellarmine.lmu.edu/~jdevine
full article at http://www.iht.com/IHT/TODAY/FRI/FIN/banks.2.html
Paris, Friday, September 22, 2000
As U.S. Economy Surges, Banks Make Riskier Loans
By Kathleen Day Washington Post Service
WASHINGTON - Troubled loans to U.S. businesses have more than doubled in two
years, to $100 billion,
While coming home from work, I heard the tail-end of a story on US National
Public Radio, about a "Maoist" insurgency in Nepal, of all places.
Interestingly, the reporter's chosen expert blamed the increase in economic
inequality during the last 10 years of a regime of "multi-party democracy."
The Minsky zone piece reminded me that I've been thinking that Rob
Scaap's moment has arrived. US consumers have been living on the edge
and now face much higher costs for commuting, home heating, electric
power --- all busting the budgets.
Meanwhile car and truck sales have been sustained
In a message dated 9/21/00 4:58:37 PM Eastern Daylight Time,
[EMAIL PROTECTED] writes:
His main point seems to be a relatively common-sense explanation of the
"solution" to the "transformation problem" that Fred Moseley advocates. See
the latter's article in the current _Review of Radical
Apologies, Rob, for misspelling your name. I know how to spell it. And I
should have written more about the weaknesses evident in the US economy.
But off it went.
Gene
Eugene Coyle wrote:
The Minsky zone piece reminded me that I've been thinking that Rob
Scaap's moment has arrived. US
Village Voice Book Supplement
BUYING UNHAPPINESS
REVIEW BY RICK PERLSTEIN
Do Americans Shop Too Much?
By Juliet B. Schor et al.
Beacon, 102 pp., $12 paper
The Consumer Society Reader
Edited by Juliet B. Schor and Douglas B. Holt
New Press, 502 pp., $22.95
We all know the catechism. America
forwarded by Michael Hoover
Hey, Hollywood: What's Wrong With This Picture?
Run Date: 09/18/00
By Jeannine Yeomans
WEnews correspondent
In the roles they play, the shows
and movies they direct and edit and the jobs they fill, women are both
misrepresented and underrepresented. The
forwarded by Michael Hoover
From the Militant, Oct. 2 (newspaper of the Socialist Workers Party)
Florida miners strike to defend union {pre-publication version}
BY RACHELE FRUIT
PALATKA, Florida--Workers at a surface mineral mine
here are waging a determined fight to defend their
forwarded by Michael Hoover
Hey, Hollywood: What's Wrong With This Picture?
Run Date: 09/18/00
By Jeannine Yeomans
WEnews correspondent
snip
New research by Martha Lauzen, Ph.D., a professor at San Diego State
University, reveals that among the 207 top grossing films last
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