can someone out there explain meaning of: M-C-M' ?
thx, norm
At 08:04 AM 11/27/2000 -0500, you wrote:
can someone out there explain meaning of: M-C-M' ?
It refers to the capitalist process of exploitation. The representative
capitalist lays out money (M) in order to get more money (M' M). The
difference between the two is what Marx calls surplus-value.
I agree
-Original Message-
From: Yoshie Furuhashi [mailto:[EMAIL PROTECTED]]
Sent: Wednesday, November 22, 2000 9:47 PM
To: [EMAIL PROTECTED]
Subject: [PEN-L:4820] Re: Women and cigarettes
Martin Brown wrote:
I think this is part, but not all, of the story. Since the Surgeon
G'day Norm,
can someone out there explain meaning of: M-C-M' ?
Well, here's my take - Marx's theory of capitalism in a page as
(mis)understood by me ...
The capitalist brings money (M) to market, buys means of production, raw
materials and labour power , and thus money capital (M) becomes
Carrol Cox wrote:
Doug Henwood wrote:
This tobacco thread, though, reminds me of Uwe Reinhardt's remark
that Americans seem to think of death as an option.
I don't understand. I would assume that almost everyone always has
considered death as an option. Some conditions (e.g., being
somebody on pen-l wrote:
The three strategies Wallerstein writes about explaining why some
peripheral nations were able to move up - "seizing the chance",
"self-reliance", "development by invitation" - are no indication that WS
theory has an answer to why some nations moved up, but
What I have been objecting to is your use of forms of argument to
authority. You say The Bible warned us...Habermas pointed out...and now the
same thing with Hegel.
Sorry you dont understand these sources. Sorry, too, that I dont
think A.J. Ayer is an "authority" on Hegel to cite
can someone out there explain meaning of: M-C-M' ?
thanks for your responses.
---
jim: It refers to the capitalist process of exploitation. The representative
capitalist lays out money (M) in order to get more money (M' M). The
difference between the two is what Marx
I wrote:
In summary, I would say that these countries [Taiwan, S. Korea]
_combined_ the three options
that Wallerstein is quoted as seeing. They developed (1) because Japan,
when occupying them, wanted them to be agricultural breadbaskets, which
helped their farms feed their urban
Doug,
BTW, of course I was just poking at you.
But, you did rather leave yourself open with your
remarks, you must admit.
OTOH, I find it curious that Uncle Lou has
not responded to my jibe. Not sure whether he
simply finds it beneath contempt to remark upon,
or does not wish to
Lou,
We needn't worry. Dick Cheney will be Vice
President, assuming he doesn't kick the bucket.
And we all know that he is a strong opponent of
torturing Palestinians
Barkley Rosser
-Original Message-
From: Louis Proyect [EMAIL PROTECTED]
To: [EMAIL PROTECTED] [EMAIL PROTECTED];
I wrote:It refers to the capitalist process of exploitation. The
representative capitalist lays out money (M) in order to get more money
(M' M). The difference between the two is what Marx calls surplus-value.
Rob wrote that Marx's notion that capitalist value stems from labour
power, and
[EMAIL PROTECTED] 11/27/00 12:57AM
White supremacy brought down not only blacks but the working-class
whites as well, with only the ruling class benefiting from "divide
rule." Centuries-long domination of plantations then
share-cropping retarded industrial development kept wages low in
I find it curious that there is nearly zero
discussion of what is to me the biggest news
event of the moment, the failure of the global
warming talks in The Hague. Michael P. and
I have batted it about a bit, but that has been it.
Part of it may be that it never had much
publicity
Original Message
Subject: [L-I] Defiant Milosevic Storms Back to Center Stage
Date: Mon, 27 Nov 2000 10:17:52 -0800
From: Macdonald Stainsby [EMAIL PROTECTED]
Reply-To: [EMAIL PROTECTED]
To: [EMAIL PROTECTED],Leninist International
[EMAIL PROTECTED]
Saturday November 25 8:09
People do have theories of the economy that guide their
understanding, although they might not be highly conscious of the
theory. A couple of weeks ago I spoke at the Marxist School of
Sacramento to an audience of people who are aware of their
theory. In the discussion, the main tenets with which
[EMAIL PROTECTED] 11/23/00 12:19AM
Yoshie Furuhashi wrote:
And it goes without saying that Cuba, China, etc. are not alien to
alienation, indirect subjection to M-C-M', etc.
But if smoking is a reaction to M-C-M', why do fewer Americans smoke
than Chinese or Cubans (men at least; I
Charles Brown wrote:
CB: Thus, the slogan "Black and white, unite and fight". See , for example,
_Hardstuff_ autobiography of Coleman A. Young.
Yes. That slogan was correct when first put forth, because it grounded
itself in economic reality. It has been demonstrated many times and in
many
From todays Frankfurter Allgemeine Zeitung
www.faz.com
Chrysler May Be Facing Huge Losses and Job Cuts
By Holger Appel
and Carsten Knop
STUTTGART. Speculation that Chrysler is set to post a huge loss has led to
rumors about a takeover of the U.S. carmaker's parent company.
The announcement
[EMAIL PROTECTED] 11/27/00 02:01PM
Charles Brown wrote:
CB: Thus, the slogan "Black and white, unite and fight". See , for example,
_Hardstuff_ autobiography of Coleman A. Young.
Carrol:
And hence while "Black and White, Unite and Fight" must be the
*ultimate* goal, it cannot itself be
[EMAIL PROTECTED] 11/27/00 12:59PM
Finally, I fear that this may be one of the more serious
outcomes of Bush's increasingly likely victory in the US election.
What I hear from people I know at the CEA is that indeed Gore
has been behind virtually all pro-environment moves by the
[EMAIL PROTECTED] 11/27/00 11:08AM
no, rather it is that we shouldn't use capitalist standards (GDP per
capita, etc.) as our own. Even mainstream development types know that it's
easy to raise GDP per capita by shifting labor from the non-market sector
(where output isn't counted in GDP)
Jr.
I find it curious that there is nearly zero
discussion of what is to me the biggest news
event of the moment, the failure of the global
warming talks in The Hague. Michael P. and
I have batted it about a bit, but that has been it.
*
One question I have is whether success would
[EMAIL PROTECTED] 11/24/00 12:54PM
I think what Barkley meant to say was,
In England, what is not forbidden is permitted.
In Germany, what is _not_ permitted is forbidden.
In France, what is forbidden is permitted.
In Russia, what is permitted is forbidden.
Also:
In Canada, what is not
1. My understanding is that the US did indeed demand that it be given
credit for existing forests as carbon sinks. This is truly scandalous.
2. The first market-based system I am aware of is the Japanese coastal
management regime, in which polluters must pay fishing cooperatives for
the right
Charles,
It takes Motown to be straightforward about these things.
Barkley Rosser
-Original Message-
From: Charles Brown [EMAIL PROTECTED]
To: [EMAIL PROTECTED] [EMAIL PROTECTED]
Date: Monday, November 27, 2000 4:26 PM
Subject: [PEN-L:5020] Re: shocked! shocked!
[EMAIL
Ian,
Well, there is no simple answer to this.
The outcome of the market mechanism is to
simply allocate across countries who has to
cut back and by how much their emissions.
Thus, what really matters in terms of responses
depends on the methods nations use to achieve
those emissions
Empire has to periodically renew itself with fresh blood from its
margins (like Canada). Without Irish, Scottish, Welsh, other
writers, so-called "English literature" becomes a poor shadow of what
it has claimed for itself.
Perhaps it is appropriate that the most fervent believer
Peter,
No major disagreements with any of this.
One point is that in the usual emissions trading
schemes they are ceilings, not floors. The whole point
is to have aggregate emissions not exceed some level.
Who gets to do the emitting that adds up to that is then
decided by trading
Under traditional regulation, each polluter is supposed to limit pollution to
some specified level. Some may find it feasible to cut pollution even more,
so that the overall target (permitted pollution level times number of
activities) serves as a ceiling. Under tradeable permits, all such gaps
It might be just worth noting the big nonlinearity
in the system that I do not think is taken account of
in the big IPCC model. That model has gone through
a lot of revisions, some of them a few years ago leading
to a lowering of the forecast of temperature increase.
That one was due to
I love the growing list of betrayals of their base
which led to the Democratic defeat. My favorite is
the War on Crime and the denial of the vote to so
many black men in Florida. But this tale runs a
close second.
Carrol
Original Message
Subject: Re: on the American election
There are a number of ways that there is a positive feedback from global
temperature increases. "Positive" here is like getting a positive
result on your HIV test.
The most ominous of these multiple feedback possibilities, to me, is
the melting of the permafrost. Permafrost is a carbon
Eugene Coyle wrote:
I agree with Barkley that this is a frightening and urgent problem. My
take is that Gore and Clinton haven't had and don't have a serious
intention of doing anything about it, posture as Gore will.
Well, it'd require massive changes in U.S. life just to get back to
1990
A lot of lefties want to blame evil corporations for global warming,
and while they're no angels, the real solution would mean profound
changes in everyday life for almost all of us. How do we get there?
Doug
Actually most people value peace and health more than shopping at the malls
and
From a column by Jordan Wheeler, a Cree Indian columnist with
the Winnipeg Free Press, November 26, 2000.
"Until environment affects profits, it won't be fixed"
When I was a kid I knew an old woman who remembered life in the
late 1800s. She once sat on the prairie with her grandmother as a
Louis Proyect wrote:
Actually most people value peace and health more than shopping at the malls
and cancer. That is the reason drug use and prozac is so widespread in the
USA. Beneath the "good life" there is a profound feeling of despair.
...but which can't get articulated as despair. If I
Yoshie wrote:
White supremacy brought down not only blacks but the working-class whites
as well, with only the ruling class benefiting from "divide
rule." Centuries-long domination of plantations then share-cropping
retarded industrial development kept wages low in the South, too.
Michael
I just heard Albert Gore, Jr. give a speech. In it, he stated that voting
is a way of stating individual principles. This is really different from
what his folks were saying before the election, i.e., that voting is a way
of choosing between the lesser of two evils, the Fool and the Knave,
The Irish Times
Monday, November 27, 2000
Sky's the limit for new Chinese jet-set
By Conor O'clery
ASIA LETTER: Li Anli got fed up with her work as an Air China stewardess.
She had had enough of serving green tea to tired Chinese businessmen and
trying to stop them getting up before the
This electoral circus is still more than a few thousand DQ-ed ballots
counting either for tweedledee and tweedledum-mer , and the win/loss in
the electoral college. Each side shows their megalomanic
nature by having arbitrarily and capriciously DQ-ing ballots that will
most probably go
1. Let me take the opportunity to agree with Jim D re dependency theory
and affirm the excellence of Samir Amin. One may disagree with Amin on
policy or analysis, but there are few contemporary scholars who have
taken the project of extending Marxian economics quite so seriously.
_Accumulation
In the course of an altercation with Stuttgart police in the summer of
1989, a knife-wielding Cameroonian immigrant named Frederic Otomo killed
two cops and left three wounded. He himself was shot dead by a survivor. In
the aftermath of the incident, the Stuttgart media went on an
anti-immigrant
www.counterpunch.org
November 24, 2000
'Torture Them'
Do we want a Vice President who endorses illegal detention and torture of
Palestinians? Anthony Cordesman, a national security type frequently
deployed as a television pundit, recently posted a paper on the website for
the Washington-based
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