C. Henwood,
Someone told me that the price of zinc had an interesting
relationship with inflation. I would also be curious if there is a way to
measure loan-swaps volume, price and direction.
peace
To whom...,
Mr. Lear writes: "Bill Gates in fact sells little, individualized,
non-scalable factories (Excel, Word, etc.) for producing knowledge that
are made out of software. Once in the hands of the end-user, they must
then exert considerable effort to create
Michael Perelman wrote:
Books cost virtually nothing to produce. We even send the publishers disks
that eliminate the cost of typesetting, yet prices skyrocket.
Publishing isn't a high-profit industry though, except maybe high-end
sci/tech and financial publishing. Trade publishers earn less
Sometime in the last few weeks I copied a piece from this list which I labeled
BERGAMO.
I don't know who sent it/wrote it.
Can anyone help with a cite for this?
Gene Coyle
Jim,
Thanks so much for your thoughtful reply.
I will indeed get your article out of the URPE reader (and reflect on your
references and comments).
Would you mind taking a look at the "radical" section when I'm done?
By the way, I always check your posting and Doug's on pen-l. Unlike others,
Thanks to all those who've offered (and I hope will continue to offer)
suggestions on indicators. Yes by all means international indicators,
especially those that make the US look awful, of course.
Doug
Jay Hecht wrote:
From what I can
tell, prior to the last decade or so, there really hasn't been a left
consensus on inflation.
Is there now? I'm all against tight money, but I still think the
populist/liberal left is too sanguine about inflation. I think it often
represents a cheap substitute
Doug,
I occurs to me that illicit drugs should be considered as well. If
one could control for "supply shocks" like changing governments, transient
eradication efforts, etc. It would seem that something like planted domestic
acreage of marijuana, or the average
Hey Comrade Phillips,
Relax. I was only kidding, eh. I've only been to rural Canada,
like many Americans (especially Americans with relatives in rural Canada).
For all I know, Sakatoon is nearly indistinguishable from New York or
Kuala Lumpur in diversity.
Rakesh,
Strict labor-value adherence once again led you to the brink of
absurdity on Saturday. The limit on mechanization is physics, not surplus
value. Clearly, clearly, clearly, if a series of solar powered robots could
be created to fulfill the needs of a
Reflecting again on this question and in the light of Alfred Sohn-
Rethel's Geistige und koerperliche Arbeit (1970 -- the English translation
is unfortunately deficient), and his Warenform und Denkform (1971,
untranslated, as far as I know) with its remarkable 1936 critique of
the Frankfurt
On the issue of whether lean production enables true consumer sovereignty
for the first time--the consumer becoming "the sun around which the lean
production system turns"--Tony Smith has developed a critique in "The
Capital/Consumer Relation in Lean Production" in *The Circulation of
Capital:
Why is the theft of alien labor time a miserable foundation for creation of
wealth? One reading of this *Grundrisse* passage is the one I offered:
while the utilization of machinery has indeed been inspired by the need for
relative surplus value (and for this no one had a greater appreciation
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