According to the original message, it was the Sweden of 1980. From the 1950s or so to
about 1990, according to the World Development Report of 1992, the Swedish economy
grew at almost exactly the same rate as the US economy. Not impressive, but very
ironic considering the attacks on the
JD WRITES: Two points:
a) it's true that capitalism wasn't abolished in England, but the
reforms weren't fictitious. The social-democratic management of
capitalism did have some benefits to the working class (though you
should ask a Brit, not me), though I think this was based on the power
of the
Is PK saying that radical ideas about economic policy fall within the realm
of sociology and politics, i.e., outside the field of economic science,
and therefore, in his quest of the ultimate prize for economic science, he
can't afford to be distracted. Or is he saying simply saying that in
ORIGINAL: Hari writes: I suggest that the term [comprador bourgeoisie]
is still meaningful. [Even despite the increasingly 'narrow' stage on
which national capitalists can play in today's even more
inter-penetrated world]. It describes for instance the opponents of
Chavez in the recent tussles
Hari Kumar wrote:
[SNIP] However, I think it is a bad
mistake of progressives to under-estimate the tenacity and wiliness of
the ruling class.
Yes. It is also a bad mistake of progressives to over-estimate the
tenacity and wiliness of the ruling class.
In fact _all_ left mistakes can be
Hari:
(i) I do not deny international connections - that is precisely the
meaning of 'comprador'.
(ii) As for domestic relatioons, sure these are important. Often the
comprador elements are linked to landed aristocratic/feudal estates
etc.; for instance. Naturally they have an 'interest in
Can anyone off the top of their head give me the quote from Marx
referring to British exploitation of India, (about the 'whitened bones'
or something to that effect) and where that quote appears?
Paul Phillips,
Economics,
Universityof Manitoba
In a message dated 8/21/02 1:15:41 AM Eastern Daylight Time, [EMAIL PROTECTED] writes:
Williams is paying 30% interest on a $900 million, 1-year loan from Lehman Brothers and Warren Buffett’s Berkshire Hathaway. Williams obtained the loanearlier this month as part of its plan to increase
[It's a blow to one's narcissism not to be named, but hey, all for
the struggle!]
Financial Times - August 21, 2002
Avenue of the Americas
Starting over
It could safely be said that relations between the International
Monetary Fund and Joseph Stiglitz, former chief economist of its
sister
Can anyone off the top of their head give me the quote from Marx
referring to British exploitation of India, (about the 'whitened bones'
or something to that effect) and where that quote appears?
REPLY:
??? Sorry I know no bones except..: But perhaps a skull or
two would be helpful to
ORIGINAL NOTE:
ULHAS: "I don't know anything about Venezuela. My question was about
the
concept of comprador capital, if there is one. Similarly we need the
concepts of other terms you use, viz. semi-colony, neo-colony etc.,
if
loose talk about x or y nation being a colony/semi-colony/neocolony
I just got done reading the most recent issue of
Fortune, which features a scathing article on
corporate greed (entitled You Bought. They Sold.),
an eye-opening account of the sleazy role played by
Chase and Citi in the Enron/WorldCom scandals,
and a contempuous look at Bush's economic team
Hari Kumar wrote:
Can anyone off the top of their head give me the quote from Marx
referring to British exploitation of India, (about the 'whitened bones'
or something to that effect) and where that quote appears?
REPLY:
??? Sorry I know no bones except
It's in _Capital_ I
Since we´ve been discussing dissident mainstream economists on the list
recently (Stiglitz, Krguman v. neoliberalism in Lat Am), I thought it was
worth mentioning Dani Rodrik, who surprisingly has yet to be brought up. He
has certainly critiziced global neoliberalism. His book, The New
Hari Kumar wrote:
3) a neo-colony, a former colony which has become a semi- colony,
continuing to be dominated by a greater power for the benefit of
the latter's ruling class, e.g., Tunisia, Jamaica.
I don't know much about Cuba, but how would you describe Cuba's relationship
to the fSU?
Thanks Carrol,
Thats the quote I want but I don't have a copy of _Capital_ handy.
I'm away from my office where my (condensed) copy is. Anyone
have a copy handy?
Paul
??? Sorry I know no bones except
It's in _Capital_ I someplace -- he is speaking of the replacement of
I have resisted several times mentioning Rodrik but his analysis of
the impact of globalism (international economic integration) is in
many ways far more 'radical' than is Stiglitz's. See his Rodrik
trilemma on his web page -- a stimulating and provocative analysis.
Paul Phillips,
Economics,
Rodrik goes farther than Stiglitz, whose recent public persona is associated with an
attack on formal
governance by the IMF and by emphasizing the problem of financial liberalization.
Even Bhagwhati seems to
be in that camp. Rodrik questions whether liberalization as such works. He was the
[EMAIL PROTECTED] wrote:
Thanks Carrol,
Thats the quote I want but I don't have a copy of _Capital_ handy.
I'm away from my office where my (condensed) copy is. Anyone
have a copy handy?
Paul
??? Sorry I know no bones except
It's in _Capital_ I someplace -- he is
I don't know much about Cuba, but how would you describe Cuba's relationship
to the fSU? Fraternal ties?
Ulhas
For those who are interested in the nature of the ties between the Soviet
Union and its colonies, I recommend 2 books. One cited by Chomsky in
World Orders Old and New reveals that
At 09:47 PM 08/20/2002 -0400, you wrote:
Numers don't tell lies because numbers don't make propositions - people
do. I don't see how this is a counter-example, either. I provided figures
for both the % of high school graduates proceeding directly to college and
the % of all 25-29 year-olds who
Rodrik's book Making Openess Work is really excellent --
much better than his earlier book, which was kind of all over
the place. Rodrik argues that (a) growth is growth and
can be generated as well through domestic investment
or government investment as through export demand;
(b) there are
ken hanly wrote:
What Sweden are we talking about? Sweden has been beset by liberal reforms
for more than a decade.
According to the Luxemboug Income Study, as of the mid-90s, Sweden
had a poverty rate (50% of median income) of 6.6%, barely changed
since 1975; Canada was 12.8%; and the U.S.,
Michael wrote:
Rodrik goes farther than Stiglitz, whose recent
public persona is associated with an attack on formal
governance by the IMF and by emphasizing the problem
of financial liberalization.
Well. Rodrik is a Jewish Turk who has very good reasons to attack
the formal governance by
Part 2
Developing class identity is an essential prerequisite, an indispensable stage of the process of the development of communist ideology. Without the fight for the practical unity both of the revolutionaries and of our class, there is no way that the visionary message can be delivered
Dear Nancy,
I am responding, very late, to your pen-l e-m re LTV, the rich and the poor,
partially copied below. If you are at all interested in democratically
reducing the growing, harmful, and obscene gap between the rich and the
poor rather than simply understanding it from a marxist
In a message dated 8/21/02 9:39:43 AM Pacific Daylight Time, [EMAIL PROTECTED] writes:
At 09:47 PM 08/20/2002 -0400, you wrote:
Numbers don't tell lies because numbers don't make propositions - people
do. I don't see how this is a counter-example, either. I provided figures
for both the % of
[The Wall Street Journal]
August 21, 2002
[Image]
Brazil's Leftist Candidate Gomes
Taps Princeton Academic for Boost
By JONATHAN KARP
Staff Reporter of THE WALL STREET JOURNAL
SAO PAULO, Brazil -- Can the appointment of a
prominent Princeton economist with BRAZIL ELECTIONS
The Wall Street Journal]
August 21, 2002
[Image] Brazil's Leftist Candidate Gomes Taps Princeton Academic for
Boost
By JONATHAN KARP Staff Reporter of THE WALL STREET JOURNAL
SAO PAULO, Brazil -- Can the appointment of a prominent Princeton
economist with BRAZIL ELECTIONS free-market
Professor Perelman,
Do you know of any monetary economists, ideally but not necessarily with
Fed
experience, that might be interested to be considered for central bank
resident advisor on a USAID economics project in Afghanistan? It would
be a
long-term position, probably starting in three
Title: RE: [PEN-L:29734] Re: Rodrik
Stiglitz also compliments Malaysia for resisting the IMF.
as did Krugman and ... Robert Barro.
Jim Devine [EMAIL PROTECTED] http://bellarmine.lmu.edu/~jdevine
-Original Message-
From: Michael Perelman
From the Scotsman. Karzai says: We are determined, like hell, to fight the
cultivation of poppy...
Hmmm.
Cheers, Ken Hanly
Afghan opium crop back to record levels
CHARLES HANLEY in KABUL
THE new Afghan government has largely failed in its effort to eradicate
the opium poppy crop in
Title: FW: Stroke the Rich
from SLATE, an example of how degraded US politics are:
Stroke the Rich
Bush's bailout for well-off investors.
By William Saletan
Posted Tuesday, August 20, 2002, at 3:07 PM PT
Last Friday, President Bush was asked whether he had picked up any favorite policy
Title: neoclassical model of exploitation
If anyone is interested in reading and criticizing a neoclassical model of Marxian exploitation -- involving a bunch of equations, BTW -- that I just finished, please write to me _off-list_ and I will send you a copy.
It's not truly neoclassical,
Title: RE: [PEN-L:29731] Re:To Ulhas re definitions
Hari Kumar wrote:
3) a neo-colony, a former colony which has become a semi- colony,
continuing to be dominated by a greater power for the benefit of
the latter's ruling class, e.g., Tunisia, Jamaica.
Ulhas:
I don't know much about
I've just added two more shows to my web radio archive
http://www.leftbusinessobserver.com/Radio.html:
June 13, 2002 Robert Brenner, author of The Boom and the Bubble,
talking about the 1990s boom, the subsequent bust, and the prognosis
for the U.S. and world economies. And Gilberto Buenaño,
Bill Burgess wrote:
IMHO it is important to put the USSR-Cuba economic relations in the
framework of the capitalist unequal exchange - Instead of
subsidizing Cuba, the USSR paid something closer to 'real' value of
sugar.
The arrangement was generous, and far superior to capitalist
Village Voice, Aug. 21, 2002
Advocates Warn of Thirst and Turmoil for a Parched Planet
A World Without Water
by Ginger Adams Otis
In 1995 World Bank vice president Ismail Serageldin made a much quoted
prediction for the new millennium: If the wars of this century were
fought over oil, the
The quotes around real were to acknowledge the technical issues. But at
root it comes down to the hours and skill of labour in sugar in Cuba vs.
for oil in the USSR. Che Guevera wrote about this issue from Cuba's point
of view when he was the Minister of Industry or head of the National Bank.
HindustanTimes.com
Wednesday, August 21, 2002
Vietnam's army gears up for telecoms offensive
AFP
Hanoi, August 21
Vietnam's military will kick off its major offensive on the domestic
telecommunications market on September 2, becoming the communist state's
fifth Internet service provider (ISP).
ORIGINAL:
Here's the really hard news Barlow says the water lords don't
want known: Not only is there the same amount of water on the planet as
there was at its creation, it is almost all the same water. There is no
secret source to replace the vast quantities that modern humankind
Hari Kumar wrote:
1) You ask essentially, whether I think Cuba was a neo-colony of the fUSSR?
Answer: I do. Our views on Cuban Revisionism; Castro, to a limited
extent on Guevera are at this site address: Cuban Revisionism
In synopsis: a national bourgeoisie who rapidly appreciated that
Jim wrote:
My impression is that the old USSR subsidized Cuba big time, by buying
sugar at a (usually) above-market rate and selling oil to them at a
(usually) below-market rate. Thus, when the USSR went south, Cuba's
economy
went into severe crisis (which they have adapted to very well,
Music Debate Heads to the Hill
By Teresa Wiltz
Washington Post Staff Writer
Wednesday, August 21, 2002; Page A08
While record companies scramble to find new ways to foil the piracy of copyrighted
material, federal
legislation is pending that would greatly aid them -- bills that their opponents
http://www.businessweek.com/
AUGUST 21, 2002
NEWS ANALYSIS
CEO Pay Tomorrow: Same as Today
Despite the uproar over gargantuan compensation packages, here's why the level of
reform is likely
to be modest at best
During the boom years of the late 1990s, the fact that CEOs made out like bandits
It seems crazy. The simple formula of our current society is absolute
freedom for corporations; control of most people.
--
Michael Perelman
Economics Department
California State University
Chico, CA 95929
Tel. 530-898-5321
E-Mail [EMAIL PROTECTED]
From another list. Sorry about the formatting.
Cheers, Ken Hanly
Justice Department Gives Pharmacy Benefit
Manager
Medco 30 Days To Respond to Whistleblower
Charges
08/21/2002
The Justice Department has sent a letter to
Medco
- Original Message -
From: Michael Perelman [EMAIL PROTECTED]
To: [EMAIL PROTECTED]
Sent: Wednesday, August 21, 2002 8:33 PM
Subject: [PEN-L:29767] Re: digital vigilantes?
It seems crazy. The simple formula of our current society is absolute
freedom for corporations; control of most
In a message dated 8/21/02 6:39:58 AM Pacific Daylight Time, [EMAIL PROTECTED] writes:
Hari:
(i) I do not deny international connections - that is precisely the
meaning of 'comprador'.
(ii) As for domestic relatioons, sure these are important. Often the
comprador elements are linked to landed
A vision of dystopia
This is for real, not the sequel to a sci-fi thriller. The World Bank paints a picture
of a
catastrophic global future if we do not change the way we live
Larry Elliott, economics editor
Thursday August 22, 2002
The Guardian
New York City in 2022. Half the 40 million
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