Re: [PEN-L] Re: everything's groovy

1997-10-29 Thread Tom Walker
Jerry wrote, Whether the losses are recovered or not by the mutual funds "investors", before you consider whether these people are going to pull their $ out of the market, you have to consider their alternatives. Given the rates of interest on savings accounts, what choices do most of these

Re: FDI in U.S. (fwd)

1997-10-29 Thread Sid Shniad
Hi Sid; The paper in question is called: "Going South: Cheap Labour as an Unfair Subsidy in North American Free Trade", by jim Stanford (Ottawa: Canadian Centre for POlicy Alternatives, 1991, 52 pp. I can send a copy to whoever is interested. All the best, JS

MAI reports

1997-10-29 Thread J Cullen
Does anybody on this list have access to Nexus, where you could check the number of cites for the Multilateral Agreement on Investments (formerly known as the Multilateral Investment Agreement)? A correspondent on another list said she had not seen it in a U.S. newspaper. I don't recall seeing

Why NYC's Unions endorse a Republican Mayor

1997-10-29 Thread Louis Proyect
Sleeping with the Enemy: Why New York's Unions Backed the Most Antilabor Mayor in History by Bob Fitch With only a few days left in the race, in a city with over 500 union locals, the Democratic nominee, Ruth Messinger, who's walked more picket lines than all but the most veteran labor

Re: Marx on colonialism

1997-10-29 Thread Bill Burgess
Ajit wrote: history. As long as one holds that historical and dialectical materialism is the 'true' theory and the road to truth (as Lenin did), then many crimes against humanity can be justified in the name of history and human destiny. A Stalin can always justify killing millions of

FW: BLS Daily Reportboundary=---- =_NextPart_000_01BCE44C.C89DBF40

1997-10-29 Thread Richardson_D
This message is in MIME format. Since your mail reader does not understand this format, some or all of this message may not be legible. -- =_NextPart_000_01BCE44C.C89DBF40 charset="iso-8859-1" FYI Marvin Kosters (Item 2) was Bush's 1992 nomination for Comm. of Labor Stats. The

Institutions

1997-10-29 Thread PHILLPS
Larry Shute asked for a list of the most important institutions in the market to try to educate his colleagues about the important constraints on the neoclassical fraud (er. sorry "model") of the economy. Unfortunately, I don't think this is a viable approach to the problem. Commons defined an

Re: [PEN-L] Re: everything's groovy

1997-10-29 Thread Doug Henwood
Gerald Levy wrote: Whether the losses are recovered or not by the mutual funds "investors", before you consider whether these people are going to pull their $ out of the market, you have to consider their alternatives. Given the rates of interest on savings accounts, what choices do most of

Re: the crash and politics

1997-10-29 Thread Rebecca Peoples
Please expalin to me how the crash is a sympton of a long-time monetary crisis. Rebecca Romain Certainly you are not. But that crash is only a symptom of a long-time monetary crisis, and that's this crisis which discredits not only "neo-liberalism", but simply capitalism.

Labor in the workers' Hong Kong (fwd)

1997-10-29 Thread Sid Shniad
Hong Kong's unelected legislature votes out labor rights -- October 29, 1997 Web posted at: 5:06 a.m. EST (1006 GMT) -- HONG KONG (Reuters) -- Hong Kong's China-anointed legislature on Wednesday voted overwhelmingly to strike down a set of labor rights laws, passed by a former colonial

Re: FW: BLS Daily Report

1997-10-29 Thread Doug Henwood
Richardson_D wrote: Contrary to popular belief, average pay has steadily risen in the last 25 years, according to a report by American Enterprise Institute economist Marvin H. Kosters. [etc.] This is brilliant! If you don't like what the data say, adjust them three or four times to achieve the

Re: Marx on colonialism

1997-10-29 Thread James Devine
Ajit Sinha quotes Marx in some ways praising the British colonization of Hindustan. This reminds us that no-one can be understood outside the historical context in which he or she wrote (i.e., Victorian Britain for Marx). But we knew that. This also tells us once again to avoid an uncritical

Re: FW: BLS Daily Report

1997-10-29 Thread Tom Walker
Contrary to popular belief, when Humpty-dumpty used words they meant whatever he wanted them to mean. Also contrary to popular belief, Procrustes' bed could accomodate guests both tall and short. Marvin Koster gives everyone a pay boost by defining average pay in a most peculiar way. Whew is

19th century India--reconsiderations

1997-10-29 Thread Louis Proyect
(posted by Siddhartha Chatterjee on the Marxism-International mailing-list) This is a continuation of the excerpts from the book "Non Eurocentric Marxism And Indian Society" by Ashok Rudra (People's Book Society, Calcutta, India, 1988, 1991). In the chapter presented below, Rudra assesses the

RE: URPE Web sight

1997-10-29 Thread Fellows, Jeffrey
Can anyone tell me URPE's web sight? Jeff Fellows

Re: Marx on colonialism

1997-10-29 Thread Louis Proyect
Ajit: This is a serious problem with teleological theory of history, as well as the Marxist theory of praxis, which accepts the teleological theory of history. As long as one holds that historical and dialectical materialism is the 'true' theory and the road to truth (as Lenin did), then many

Pepsi-Cola Workers Go On Strike

1997-10-29 Thread Shawgi A. Tell
On October 18, Pepsi-Cola workers voted by 98.5% for an unlimited general strike. "This result," said union spokesperson Michel Deziel, "is a sign of the frustration that the workers have accumulated over the last few years." Right after the vote, the workers went to set up their strike

Ontario Teachers' Strike: Day Two In the Struggle Against Bill 160

1997-10-29 Thread Shawgi A. Tell
Tuesday, October 28 was the second day of a province-wide shutdown of Ontario's elementary and secondary schools as over 126,000 teachers continued to stay away from work to protest the Harris government's Bill 160, The Education Quality Improvement Act. While the doors to some

Re: price indexes

1997-10-29 Thread MScoleman
I don't know if this helps, but I have a price index for wage workers 1827-1842. A friend of mine is developing one for British wage workers throughout the nineteenth century. maggie coleman [EMAIL PROTECTED]

Re: Marx on colonialism

1997-10-29 Thread Ajit Sinha
At 14:13 28/10/97 -0800, Michael Perelman wrote: Be careful taking Marx's writings on India at face value. These writings were part of an effort to undermine Henry Carey, who was an important figure at the NY Tribune and how was a major influence on Duhring. Carey emphasized that everything

Fun Games w/ Derivatives

1997-10-29 Thread R. Anders Schneiderman
Dear Penlrs, As we watch the Amazing Market Rollercoaster, something else to keep in mind: what is all this--markets crashing, currencies roiling, etc.--going to do to the dervatives market? And what are the D's going to do to corporate america? I've been tracking the fights w/ the SEC and

List of Basic Econ/Social Institutions in the Economy

1997-10-29 Thread Laurence Shute
Friends, I would appreciate your help in compiling a list of the 50 -100 basic economic and social institutions in the US, possibly Canada as well. What are the basic institutions that you feel economics students should have a working knowledge of? Any and all suggestions are welcomed. I'm

Re: Marx on colonialism

1997-10-29 Thread michael perelman
From: Ajit Sinha [EMAIL PROTECTED] I think you are trying to find an easy way out for Marx. Marx's writing on India is definitely problematic. After saying things like, I don't know what "easy way out" means. Marx himself describes his intentions in a letter to Engels. I have elaborated on

Re: [PEN-L] Re: everything's groovy

1997-10-29 Thread Gerald Levy
Tom Walker wrote: As Doug pointed out a while ago, many mutual fund "investors" had come to expect annual increases of that magnitude as a matter of course. To "recover most of the air pressure" would require not only that recent losses be cancelled out but that something like the previous

Kosters' data

1997-10-29 Thread michael perelman
I think that it will be interesting to follow the future application of Kosters' data. Stuff like that will probably soon appear in the Wall Street Journal, find constant repitition, and finally end up as an established fact. -- Michael Perelman Economics Department California State

French 35 hour week (Marches européennes / NEWS)

1997-10-29 Thread Tom Walker
Marches européennes / NEWS Reduction in working hours: France gives the time The French prime minister announced on Friday October 10, a new bill for the legal reduction of the working week without loss of salary. French employers swiftly made their opposition to the new measures known. The

Re: List of Basic Econ/Social Institutions in the Economy

1997-10-29 Thread valis
Quoth Laurence Shute, in part: I would appreciate your help in compiling a list of the 50 -100 basic economic and social institutions in the US, possibly Canada as well. What are the basic institutions that you feel economics students should have a working knowledge of? Any and all

Borders Organizing: Support Petition; Hyundai Campaign Update

1997-10-29 Thread Michael Eisenscher
Date: Tue, 28 Oct 1997 14:48:10 -0500 (EST) From: "Nelson N. Lichtenstein" [EMAIL PROTECTED] Subject: Border's Unionization Campaign Sender: [EMAIL PROTECTED] To: [EMAIL PROTECTED] Please "sign" this petition and forward your name, affiliation and phone to [EMAIL PROTECTED] The UFCW is planning