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At 12:54 PM 7/19/99 -0400, you wrote:
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JAA17325
Economic reform has ravaged the Russian countryside and, in some
Michael
If they are checking under the hood...could they also place the Pen-l# in
the subject line and the end of the line. It means that those of us who
sort by thread will be able to follow Pen-l again. With the hyper postings
of lbo, mail management is a real problem. Our dear Pen-l gets
ping world, millions of deaths (mostly
children in Latin America and Africa) could have been avoided but for the
adjustment crises since 1980.
I imagine that most on this list would also agree that these crises were not
inevitable. I believe Roy Medvedev once wrote a book entitled "Let History
Judge&q
At 07:49 PM 1/8/98 -0800, Michael Perelman wrote:
Does anybody have any thoughts on the critique of the IMF by Stiglitz
and Sachs -- that the IMF is creating a deflationary economy to save the
banks?
It is hard to comment without knowing the specifics (could you provide the
citations or a
not be so much the level
of investments but the qualitative nature. Are we not far from saying that
some investments produce a "value" while others only achieve shifting some
value around? Wish we could pin down that word "value".
Paul Altesman
1) Doug Henwood wrote:
U.S. part-time employment (economic noneconomic) as percent of total
employment:
1960 11.1%
1970 13.7%
1980 16.4%
1990 16.5%
1997 16.6%
2) Michael Eisenscher wrote:
Last year 14.9 percent of workers belonged to a union, down from 23.8
percent in 1977.
At 12:41 PM 3/31/97 -0800, Rosser Jr, John Barkley wrote:
To Paul Altesman:
Would you please give us even one reference where
anybody has ever declared the soft budget constraint to be
a problem for socialist planning in general as opposed to
some sort of market socialism without command
I had a bit of the same reaction.
In fact, it really goes far beyond just SSA. Most of Asia have enormous
"hinterlands" - just India and China alone could keep foreign investors
profitably busy for decades; even tigers like Thailand have only seen some
provinces move into the semi-periphery;
ut to impose mkt discipline on the capitalist sector and finally end its
domestic non-capitalist arrangements. If we got it wrong in Yugoslavia and
that helped to lead to war and genocide, imagine the stakes for the world in
China.
Paul Altesman
At 11:25 AM 3/27/97 -0800, Rosser Jr, John Bar
Yugoslavia was simply one of them.
On Wed, 26 Mar 1997 17:07:35 -0800 (PST) Paul Altesman
[EMAIL PROTECTED] wrote:
Thanks for your quick response, but it leaves me a bit perplexed.
The vast majority of Yugo's debt in the '80s was from commercial banks
making commercial loans to
When speaking of Yugo as one of the 10 most debt distressed countries of the
debt crisis of the 80's and in the same boat as Lat. Am. - I hope it was
clear that I was focussing on the role of *external* debt and the
international debt crisis. Apologies if this wan't clear enough.
ntra-firm arrangements, in its international
economic arrangements (and its large international debt) Yugo had become a
full fledged member of the periphery - and was crushed by the usual forces?
Paul Altesman
At 03:07 PM 3/26/97 -0800, Rosser Jr, John Barkley wrote:
The question of Yugoslav
rectly to the rise of virulent ethnic nationalism and human
tragedy. Sadly, most of the media played to "ancient rivalries" as an
explanation (for Africa they say "tribal conflict"), but in truth this is
not the first time Europe has seen ruinous neo-classical "solutions&
Apologies for the posting to the wrong list.
he calls for putting protectionism under international control
("as proposed by the Cuban delegation to the World Economic Conf.") and for
a system of national controls on investment that are coordinated
internationally. What did Keynes think reading that
Paul Altesman
ts
of the E Asia boom ("no one is making money in China"), will try to keep up
with financial capital, obviating the possibility of them playing a
transformative role abroad.
Does this sound sensible?
Paul Altesman
P.S. Doug: I missed the tittle\publisher of your book when it was posted way
bac
h of their
funds into the "money as commodity" sphere that they be indistinguishable
from the financial entities (Doug's and Blairs leanings) and disinvestment
in productive capital accelerates.
2) the cumulative effect of the effort in the productive sphere to
restructure cap
h of their
funds into the "money as commodity" sphere that they be indistinguishable
from the financial entities (Doug's and Blairs leanings) and disinvestment
in productive capital accelerates.
2) the cumulative effect of the effort in the productive sphere to
restructure cap
Bob Naiman suggests it would be good if there was a call to abolish all foreign
aid, as Jessie Helms is now pushing for. I think this is very ill thought-out.
Clearly some (much) U.S. foregn aid goes to the wrong people. Some goes to
help poor people mobilize themselves to organize for
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