China's FDI up 14.9% y-o-y

2002-01-30 Thread Ulhas Joglekar
The Economic Times Monday, January 14, 2002 China's FDI up 14.9% y-o-y REUTERS MONDAY, JANUARY 14, 2002 BEIJING: China's actual foreign direct investment rose 14.9 per cent year on year to $46.846 billion in 2001, the Ministry of Foreign Trade and Economic Cooperation said on Monday.

Re: Re: Re: Re: the profit rate recession

2002-01-30 Thread Doug Henwood
Patrick Bond wrote: Are you disaggregating the extremely high profits that derive from corporate interest earnings or financial-asset capital gains, as US firms hollowed out from the early 1980s and took higher earnings shares from their financial/treasury operations? They would have paralleled

You couldnt buy a better speach

2002-01-30 Thread Ken Hanly
Wednesday January 30, 5:09 AM Karzai says Guantanamo detainees not prisoners of war Afghan interim leader Hamid Karzai intervened in a row over the status of prisoners seized by US forces in Afghanistan, branding them terrorists who sowed killing fields and did not deserve to be termed

RE: The rate of profit and recession

2002-01-30 Thread Devine, James
[somehow my e-mail program isn't cooperating again. Here's my complete message.] [I thought I started writing a reply to this, but somehow there's no file. I'm sorry if anyone received two versions.] Paul Phillips writes: The question we were discussing, I thought, was what explains the drop in

RE: Re: Re: Re: Re: the profit rate recession

2002-01-30 Thread Davies, Daniel
We've been through this before, but much of the profits that, say, Ford and GM earn from their finance subsidiaries come from financing cars and trucks. So it's not speculative profit - they're making the money the bankers used to make. Yeh, but it got bigger by an order of magnitude

ECONOMIC NOTES

2002-01-30 Thread Charles Brown
ECONOMIC NOTES NEWS AND ANALYSIS FROM THE LABOR RESEARCH ASSOCIATION http://www.LaborResearch.org or http://www.lraonline.org Jan. 29, 2002 Pensions Lack of Pension Coverage a Reality for More Than Half of U.S. Workers (Jan. 29, 2002) The Enron collapse starkly exposed the risks that workers

Good analysis

2002-01-30 Thread Charles Brown
Good analysis by bantam 29 January 2002 15:48 UTC Thread Index G'day Charles, As one senior Iranian statesman wryly remarked at a recent private gathering: The Americans should realize that while indeed they are the strongest global power, that does not necessarily

the rate of profit and recession

2002-01-30 Thread Charles Brown
the rate of profit and recession by Devine, James 29 January 2002 15:49 UTC Jim, On the below, I don't know if I interpreted your reference to the counter-acting tendency ...winning correctly as one of the countervailing influences that Marx lists that prevent the profit rate from falling

RE: the rate of profit and recession

2002-01-30 Thread Devine, James
Charles writes:On the below, I don't know if I interpreted your reference to the counter-acting tendency ...winning correctly as one of the countervailing influences that Marx lists that prevent the profit rate from falling despite its general tendency to fall. I'm not as interested in being

The rate of profit and recession

2002-01-30 Thread Charles Brown
The rate of profit and recession by Rakesh Bhandari 29 January 2002 20:45 UTC why is there overaccumulation in the system as a whole? why is global investment demand not strong and high enough to realize the surplus value that remains latent in commodities? Let us suppose

Q4 Sunbeam

2002-01-30 Thread Tom Walker
Surprise! Surprise! GDP rose in the fourth quarter by a breathtaking 0.2%. 0% financing on new car sales have raised the yankee economic chin just millimetresabove the bar. Huzzah! Huzzah! Buy! Buy! Happy days are here again! Prosperity is just around the corner. Wesee the recovery Sunbeam*

BLS Daily Report, Wednesday January 30

2002-01-30 Thread Richardson_D
RELEASED TODAY: In December, 305 metropolitan areas reported higher unemployment rates than a year earlier, 21 areas had lower rates, and 5 areas had rates that were unchanged, the Bureau of Labor Statistics reported today. Ten metropolitan areas had jobless rates over 10.0 percent, with seven of

Re: RE: Re: Re: Re: Re: the profit rate recession

2002-01-30 Thread Doug Henwood
Davies, Daniel wrote: We've been through this before, but much of the profits that, say, Ford and GM earn from their finance subsidiaries come from financing cars and trucks. So it's not speculative profit - they're making the money the bankers used to make. Yeh, but it got bigger by an

Re: The rate of profit and recession

2002-01-30 Thread Rakesh Bhandari
The rate of profit and recession by Rakesh Bhandari 29 January 2002 20:45 UTC why is there overaccumulation in the system as a whole? why is global investment demand not strong and high enough to realize the surplus value that remains latent in commodities? Let us suppose that

RE: Re: the profit rate recession

2002-01-30 Thread Devine, James
Charles Brown wrote: Do you think this fundamental problem can be solved through reforms ? Fred writes: Charles, thanks for the clarity of your question. The short answer to your question is no, there is no reform - that I know of - that will solve the fundamental problem of insufficient

RE: Q4 Sunbeam

2002-01-30 Thread Max Sawicky
you left out the fun part. Nominal GDP actually fell, but the price level went down more (3/10's%). We're in a deflationary recovery. Will wonders never cease. mbs -Original Message- From: [EMAIL PROTECTED] [mailto:[EMAIL PROTECTED]]On Behalf Of Tom Walker Sent: Wednesday, January

RE: Q4 Sunbeam

2002-01-30 Thread Tom Walker
Uh. My jawis on thefloor. I guess my excuse is that THEY -- the breezy upbeaters --didn't tell me. But that's no excuse, really. You reallymean we're in a DEFLATIONARY recovery? Oh, that doesn't sound like fun at all. This puts a whole new spin on the comments of Diane Swonk, chief

Re: RE: The rate of profit and recession

2002-01-30 Thread Rakesh Bhandari
[somehow my e-mail program isn't cooperating again. Here's my complete message.] [I thought I started writing a reply to this, but somehow there's no file. I'm sorry if anyone received two versions.] Paul Phillips writes: The question we were discussing, I thought, was what explains the drop in

Re: Dual Power

2002-01-30 Thread Rakesh Bhandari
Karl, your post very much helped me to understand why the proposition that the emancipation of the working class must be conquered by the working class itself remains the implicit postulate of all socialist thought. rb

Davos/Anti-Davos

2002-01-30 Thread Sabri Oncu
Going global Jan 30th 2002 From The Economist Global Agenda The 32nd meeting of the World Economic Forum is being held in New York this week. But the annual schmoozing session favoured by politicians and businessmen has a new rival: the second meeting of the anti-globalisation movement in

Export tax subsidies that aren't?

2002-01-30 Thread Michael Pollak
Jagdish Bhagwati has an op-ed in yesterday's FT where he says the US Congress's objections to that huge WTO ruling last month that declared we are unfairly subsidizing our exports to the tune of $4 billion are hypocritical, nationalistic and wrong. No argument from me there. But he makes one

RE: RE: Q4 Sunbeam

2002-01-30 Thread Devine, James
you left out the fun part. Nominal GDP actually fell, but the price level went down more (3/10's%). We're in a deflationary recovery. Will wonders never cease. mbs it's not _really_ deflation until it's sustained for a few quarters and money wages start falling too. That's when the

the profit rate recession

2002-01-30 Thread Charles Brown
the profit rate recession by Fred B. Moseley 29 January 2002 22:55 UTC CB: Do you think this fundamental problem can be solved through reforms ? Fred: Charles, thanks for the clarity of your question. Charles: Thanks your further clarifying discussion. Fred: The short

RE: Export tax subsidies that aren't?

2002-01-30 Thread Max Sawicky
The mainstream argument is that exchange rates adjust to wash away all tax advantages, whether legal or illegal. Not being a trade person, the best argument I can think of goes like this: If you want to buy US goods, you need dollars to pay for them. A cost reduction in said goods increases

Right wing support for UK state schools

2002-01-30 Thread Chris Burford
Presumably this is like the British bourgeoisie deciding to support state funded secondary eduction at the end of the 19th century when they realised Germany was overtaking Britain in the literacy of its workforce. Chris Burford From the Times Educational Supplement (UK) 25.1.02

Red Globe

2002-01-30 Thread Red Globe
Hello, http://www.placerouge.info has been re-launched and updated. We have merged with PlaceRouge and Communards. All three parts of the project can be found now at one site. New is the Gallery, which, hopefully will hold quite a number of images in future. You are invited to either mail us

Re: Re: RE: The rate of profit and recession

2002-01-30 Thread Michael Perelman
Come on. We don't need this crap! Rakesh Bhandari wrote: [somehow my e-mail program isn't cooperating again. Here's my complete message.] [I thought I started writing a reply to this, but somehow there's no file. I'm sorry if anyone received two versions.] Paul Phillips writes: The

Help on the deflation front

2002-01-30 Thread enilsson
Hope on the horizon for those fearing deflation. Also looks like something the Justice Department might be interested in ;) From EETimes (http://www.eetimes.com/semi/news/OEG20020130S0028) an article about memory chips for, among other things, personal computers: Major DRAM manufacturers are

Steel Woes

2002-01-30 Thread Ian Murray
Wednesday January 30 11:58 AM ET Japan Files WTO Complaint Over Steel TOKYO (AP) - Japan filed a complaint to the World Trade Organization (news - web sites) on Wednesday against U.S. antidumping measures on Japanese steel sheets, saying they violate WTO rules, officials said. The Japanese

Re: Re: Dual Power

2002-01-30 Thread Karl Carlile
Rakesh At least someone seems to appreciate some of my contributions. Karl --- Karl, your post very much helped me to understand why the proposition that the emancipation of the working class must be conquered by the working class itself remains the implicit postulate of all

Green Party vs. Natural Law Party

2002-01-30 Thread Joshua Bragg
I just recieved my California voter information guide for the primary election. I had never heard about the Natural Law party, which looks like a party of scientists. They seem quite progressive in some respects (export know-how instead of weapons and national health care). Has anyone else

RE: Green Party vs. Natural Law Party

2002-01-30 Thread Davies, Daniel
Transcendental Meditators, mate. Children of the Maharishi (not that there's necessarily anything wrong with that, apart from a slight tendency to draw ridicule). George Harrison was their big name in the UK, and they put out a full slate of candidates in our general elections. I don't really