Doug Henwood wrote:
In some ways, that's too easy: the "economic" questions are dismissed as
trivial in the face of "politics." But what is "politics" in this sense?
What would an actual regime do in the face of imperialist hostility? How do
you get people housed, clothed, educated, and
Doug Henwood wrote:
The point was to refute Mark's rather odd
pastoral take on Chilean agri- and aquaculture, which seems to be related
to his rather odd but enthusiastic recent participation in American
triumphalism.
No, Doug. Only one question matters: how to conduct People's War.
Isn't
Doug Henwood wrote:
How can you be so sure that industrial
development in Chile would necessarily "decant poverty, rural distress and
latifundism elsewhere in the 3rd world"?
If it didn't, then soemthing wholly new an unprecedented in the history of
capitalism would have happened and I would
Dennis R Redmond wrote:
If Japan really did
what Wall Street says, namely raised interest rates and cut domestic
spending, you'd see a global credit and GDP holocaust which would make
the breakup of the Soviet economy look like a success story.
No, Wall Street doesn't want that. Wall Street
Boddy,
You owned a 70s MG??? What was it, V8 BGT?
Mark
On Fri, 17 Apr 1998, Doug Henwood wrote concerning Japanese austerity:
No, Wall Street doesn't want that. Wall Street wants Japan to do some kind
of Keynesian stimulus - big tax cuts preferably. Yeah, sure they'd save a
lot of it, but they'd probably spend more of it than they save. Summers
Just a quickie
I've just been listening to IR Minister Peter Reith. There's a new tone in
his voice. This operation is not coming off quite as he might have hoped.
One government line ship, apparently originally diverted to a Patrick dock
by the government, has now been rediverted, probably
Roberto: Una nota sobrelo que se negociara en Santiago; buenos datos sobre
bloques comerciales al final. Tom
-
Leaving Big Brother's Shadow: Latin Nations Confront U.S. as Equals at
Americas' Summit
By Anthony Faiola and Steven Pearlstein
Washington Post Foreign Service
Thursday, April
Date: Thu, 16 Apr 1998 18:20:34 -0400 (EDT)
From: Cyber Rights
To: [EMAIL PROTECTED]
Subject: cr Arrest for political material online in South Korea
Message-ID: [EMAIL PROTECTED]
(Introduction from moderator: I saw this on another list. It's not
particularly formal and doesn't give direct
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_01BD6A0E.C4801D30
BLS DAILY REPORT, THURSDAY, APRIL 16, 1998
Import prices fell 1 percent in March, the fifth straight monthly
decline,
For people who appreciate South African popular music, particularly of the
kind that Hugh Masakela and Mariam Makeba made famous, there is an
opportunity to hear a group of local New Yorkers who play this kind of
music like honorary Sowetans. This is the swinging band called Afroblue.
Not only do
In a message dated 98-04-17 01:36:03 EDT, you write:
Comptroller of the
Currency
If its that guy Lugwig, there are a lot of insurance agents who HATES what
he's doing to financial services (of course, all those Travelers' guys have
just been given a new script by that mis-named communist,
Rob writes:
First, Jim, yeah, I was being a bit narrowly monetarist. But wouldn't tax
cuts or cash injections counteract the upward pressure of consequent
government deficits on interest rates? More cash in circulation - less
demand for credit - lower interest rates? Or doesn't the
To whom,
Dennis has really tipped his hand with this statement: "All this
talk of how Japan is going to go bankrupt tomorrow is so much hooey --
what's happening is that some deeply unsettling fears about the length and
tenure of the Wall Street bubble are
In a message dated 98-04-16 15:30:55 EDT, you write:
All
the left anti-communists, local and foreign, who were blowing hard during
the cold war didn't have a clue what to do when the USSR fell either,
leaving a perfectly clear field for the IMF. So I think it's pretty
important to compare
bill, I found the paper at:
http://econ-www.newcastle.edu.au/economics/bill/billeco.html
Is that the same one? (econ-www doesn't exist without the newcastle.edu.au)
At 08:55 a.m. 4/18/98 +1000, bill wrote:
Dear Pen-L and Pkt
If any one is interested you can read the paper I am giving
at Ed
On Sat, April 18, 1998 at 00:35:13 (+0100) Mark Jones writes:
...
So, just as you find my cassandra-ism risible, I am mystified
at the self-deception you are stricken with. Actually, I
find you schizoid -- on one e-list you can be seen expressing deep fears
for the globally-warmed,
On Fri, 17 Apr 1998, boddhisatva wrote:
The
capitalists in Japan wouldn't know what to do with more money. They
already have the cheapest money in the industrialized world. The very
idea of giving them more money is absurd.
Gee, really? I've never had any problem whatsoever spending
Boddhi,
The fact that the T-bill sale by the Japanese went
through the New York Fed in a single block proves that it
was coordinated. Essentially the Fed incorporated this
sale, which could have been spread out, into its own open
market operations which are carried out by the New York
C. Valis,
The morality is there but the vehicle is not. People want to be
better to each other. Americans overwhelmingly support the idea of
workers owning their companies. For that reason, conservatives try and
pass off the fact that working people have moved
Mark Jones wrote:
Doug, tell me as a Marxist: is it better for the world if people pick
strawberries or make 4x4's?
I suppose having tried to impose a forced choice on you I deserve one in
turn. But like you I'm not going to play. So I'll say this: I hate 4x4s and
everything they come
C. Mark,
No, it wasn't any V-8 it was a little stinking Midget that I loved
although it had more problems than a normal car owner can conceive of.
Actually it might have been early 80's but I think it was late 70's. I
bought it very much used. It was a
C. Mark,
I'll chime in here. You asked Doug Henwood "Doug, tell me as a
Marxist: is it better for the world if people pick strawberries or make
4x4's?" As a Marxist, my first answer would be that ideally we would make
4x4's that pick strawberries, but that's a
To whom,
I think that actually Japanese fiscal inervention will be of little
use because of the expectation that Japanese will simply save the money.
Japan will have to raise intereset rates significantly to get back on track.
It will really hurt them, but
Dennis R Redmond wrote:
Tom Schlesinger - who's putting Fed transcripts up on the Financial
Markets Center website
What's the URL on this? I spidered for this and came up empty.
It's not up yet; lots of text to input.
When I talked to Tom yesterday, he pointed out how boring most of the
boddhisatva opines:
Lou Proyect wrote: "In the final analysis, the problem facing us
is politics, not which economic theories can make socialism feasible."
This view could not be more wrong. The *how* of undoing and replacing
capitalist property relations is intrinsic to
G'day Penners,
First, Jim, yeah, I was being a bit narrowly monetarist. But wouldn't tax
cuts or cash injections counteract the upward pressure of consequent
government deficits on interest rates? More cash in circulation - less
demand for credit - lower interest rates? Or doesn't the
To whom,
Lou Proyect wrote: "In the final analysis, the problem facing us
is politics, not which economic theories can make socialism feasible."
This view could not be more wrong. The *how* of undoing and replacing
capitalist property relations is intrinsic to
C. Rosser,
I don't think that there is a shortage of treasuries out there.
Selling treasuries doesn't do the Yen any good unless you then use the
proceeds to buy Yen. If treasury sales raise U.S. interest rates, the
spread between Japanese and American yields
C. Schaap,
I think you've got the situation in hand. The problem for the BoJ
is that they will become predictable and the currency traders will have
them for lunch. If the market pressure is for a lower Yen and they
predictably prop it up at certain levels, the
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