On Wed, 15 Mar 2000, Max Sawicky wrote:
We do. They're [Red Guards] all English professors.
They bludgeon us with idealist notions.
No, no, they're the English departments themselves, who are run by a scary
bunch, who subject their hired serfs -- er, grad students -- to the Iron
Thesis Bowl
On Sun, 19 Mar 2000 [EMAIL PROTECTED] wrote:
trying to do political organizing and no less dim years teaching. But Jim D's
comment about Antioch students being sheep with respect to each other even if
they diverege from the national consensus is about right. I always fely sorry
for them:
On Wed, 12 Apr 2000, Ricardo Duchesne wrote:
Spivak should just settle down and stop feeling guilty about her big
western salary; I mean, at least she uses some of it for her two per
year trips to India in her struggle against eurocentrism.
And wrote some classic books on neocolonialism. And
On Sat, 22 Apr 2000, Louis Proyect crossposted
New York Times, April 22, 2000
Renault Agrees to Buy Troubled Samsung Motors
[text deleted]
Actually, a fine example of the new hegemons at work. Samsung got into the
auto biz way late, I think in 1995 or so, and has pretty limited
industrial
On Wed, 26 Apr 2000 [EMAIL PROTECTED] crossposted:
UNDERSTANDING THE BATTLES OF SEATTLE AND WASHINGTON
By Dick Platkin and Chuck O'Connell*
Lemme see if I get this right: they're arguing that the anti-WTO and
anti-IMF protests are financed by nationalist bourgeois pig foundations,
organized
On Thu, 27 Apr 2000, Louis Proyect crossposted:
Conclusion to "Not A Happy Ending" by Samir Amin, published in Al-Ahram.
http://www.ahram.org.eg/weekly/1999/462/samir.htm
US HEGEMONY ATTACKS --THE 21ST CENTURY WILL NOT BE AMERICAN:
There are no European TNCs: only British, German, or
On Fri, 28 Apr 2000, M A Jones crossposted:
Mark Milner, deputy financial editor The Guardian
Thursday April 27, 2000
How low can the euro go? ... Today the currency slumped to fresh lows on the
foreign exchanges despite a rise in interest rates by the ECB.
This is known as a buying
On Fri, 28 Apr 2000, M A Jones wrote:
Hey, Russia posted a whacking bal of payments surplus last year and has done
almost every year since 1991. Is it also a no-brainer to buy up some roubles
right now?
That sounds like a challenge to me. Only trouble is I'm not a Malt Man.
But I'm willing
On Tue, 9 May 2000, Louis Proyect wrote:
About 4 million hectares of land were scheduled for reallocation after
1988. After the transition, the social bonds in the countryside were
profoundly shattered. The basic structure of the nation was placed under
severe stress and dispossessed
On Tue, 9 May 2000, Louis Proyect crossposted from the Baltimore Sun:
MALNUTRITION IS EPIDEMIC: ROUGHLY HALF OF ALL CHILDREN UNDER THE AGE OF 5
ARE STUNTED FOR LACK OF FOOD. HUNGER AND A GROSSLY INEFFICIENT AID SYSTEM
HAVE KEPT VIETNAM'S POVERTY RATE THE HIGHEST IN THE REGION: THE WORLD BANK
On Fri, 12 May 2000 [EMAIL PROTECTED] wrote:
market econmy do not seem to benefit these people. In fact, what is going
on in Vietnam is a sign of peripherilization in a country charecterized by
devestating poverty and inequalities.It is generally the most vulnerable
sectors such as women,
On Fri, 12 May 2000, Lisa Ian Murray wrote:
Lets see, US firms make the stuff in China then send it back duty free to
sell to US consumers [or anywhere else]; just what does trade deficit mean
in this circumstance? My guess is zilch.
Well, it does mean something in the comparative sense
On Mon, 29 Sep 1997, Anthony P D'Costa wrote:
But there is no counterpart to Singapore's
experience in the region or for that matter in the world. The lesson
S'pore offers is organizational expertise and economic coordination,
flouting all NC theory.
One other thought here: could you argue
On Fri, 12 May 2000, Louis Proyect wrote:
very often of a seasonal nature. If you read Juliette Schor's "The
Overworked American", you will discover that the average peasant worked
half as many hours as the average proletarian during the rise of the
industrial revolution. That is the reason
On Fri, 12 May 2000 [EMAIL PROTECTED] wrote:
moreover, how would US develop its own capitalism without slave labor (
especially agricultural production in the South)?
Ah, but Marx would insist on the relative antagonisms between rival modes
of production: it's not that capitalism is identical
On Sat, 27 Sep 1997, Rebecca Peoples wrote:
I desperately need help on Russia today: recommended books, artcles
sites, etc.
Check out Boris Kagarlitsky's 1995 "The Mirage of Modernization", a
serviceable global overview of Stalinism and its (equally global)
aftermath.
As far as economics
On Sat, 27 Sep 1997, Louis N Proyect wrote:
The Third World, as the
figures above show, has been in steep economic decline over the past
decade. Furthermore, the causes of the economic decline are endemic.
But what about the 2.5 billion people of Thailand, Malaysia, Chile,
Vietnam,
On Mon, 22 Sep 1997, Louis N Proyect wrote:
Asia's Economic Tigers Growl at World Monetary Conference
By DAVID E. SANGER
HONG KONG -- After a decade of persuading nations to open their financial
markets, American officials at a tense conclave in Hong Kong have run into
a wall of
On Mon, 8 Mar 1999, J. Barkley Rosser, Jr. wrote:
According to my handy dandy 1997 CIA World Factbook, the PPP per capita
incomes in 1996 of the leading transition economies (in per capita income
terms were as follows: Slovenia, $12,300, Czech Republic, $11,100, Slovakia,
$8,000,
On Tue, 9 Mar 1999, J. Barkley Rosser, Jr. wrote:
Czech Republic, $7,550
Slovak Republic, $ 6,290
Hungary, $ 6,050
Russia, $ 5,050
Latvia, $ 5,010
Poland, $ 5,000
Ukraine, $ 4,450
Bulgaria, $ 4,100.
Suspiciously high numbers, those. The OECD says that the 1997 per
capita figures, based
On Mon, 5 Apr 1999, Doug Henwood wrote:
Of course, they'll have to rebuild bombed-out refineries, power plants,
factories, railroads So the World Bank and the European Bank for
Reconstruction and Development can make high-minded noises about
war-recovery "aid," lend the devastated
On Sun, 11 Apr 1999, Yoshie Furuhashi wrote:
Wrong reasons: removing any existing or potential obstacles for capitalism
all over the world.
But capitalism civilizes, right? It's too simple to abstract global
accumulation into a simple case of butchery. I myself am troubled by the
fact that
On Wed, 14 Apr 1999, Yoshie Furuhashi wrote:
Here's a book for Dennis Redmond. Will the Asian economic crisis spell the
end of Hong Kong cinema and the beginning of brain drains? Yoshie
My impression is that the film industry is turning into the video biz, is
all. And then there's Wong
On Mon, 12 Apr 1999, Yoshie Furuhashi wrote:
It doesn't seem to do so, in the post-socialist Eastern Europe. (In fact,
just the opposite.) The Balkan civil wars illustrate why capitalism is not
at all 'progressive' there.
Then what about the Visegrad countries, with their still-extensive
On Sun, 11 Apr 1999, Max Sawicky wrote:
So until I hear a better explanation, the simple one of suppressing
nationalism that might by example destabilize Europe, but forestalling
massacres that diminish the political credibility of NATO and the EU (or
U.S. imperialism, if you like) explains
On Sun, 21 Mar 1999, Rob Schaap wrote:
And how is Japan's billion-dollar pump-prime beginning to look to you lot?
Well, check out this recent article in Semiconductor News, by Anthony
Cataldo http://www.eetimes.com/story/OEG19990311S0055, dated
March 11, 1999:
--
"Intel has
On Fri, 19 Mar 1999, Louis Proyect wrote:
Check out the article in the latest Economist on Germany
(www.economist.com). Here's the conclusion:
Above all, Mr Schröder must find the determination to mend a broken
economy. Germany has become the sick man of Europe: growth
is slowing, exports,
On Sun, 7 Mar 1999, Peter Dorman wrote:
The Czech Republic, on the other hand, is a disaster zone.
Pseudo-privatization has given the cronyklatura a corrupt grip on
enterprises, few of which have even begun to transform themselves.
Well... not quite. The Czech Republic also had one of the
On Wed, 22 Oct 1997, valis wrote regarding the labor theory of value:
For instance, I just unpacked a space heater that's far smaller, hotter
and smarter than anything previous, and only 40 bucks, tax included.
But, oops!, there it is: "Made in China," so suddenly I'm wondering
whether I
On Wed, 31 Dec 1997, Doug Henwood wrote:
Ok, so Robert A.M. Stern doesn't merely articulate the [marketing,
media and finance sector] MMF, he *is* the MMF. But Foucault? Is he part
of the MMF too? Just what do we mean by "pomo" here?
I apologize in advance to PEN-Lers who are probably bored
On Thu, 1 Jan 1998, maxsaw wrote:
Call me a classical ex-Marxist.
Well, that'll make two of us. Reading Marx is kind of like reading
about the 19th century robber barons, Charles Darwin's "Origin of Species"
or Disraeli's speeches; an essential historical primer for understanding
On Wed, 25 Feb 1998, Doug Henwood cross-posted Greenspan's Humphrey-Hawkins
testimony:
But we must be concerned about becoming too complacent about evaluating
repayment risks. All too often at this stage of the business cycle, the
loans that banks extend later make up a disproportionate
On Fri, 16 Jan 1998, Tom Walker cross-posted From Erdman:
"Next to go will be the peg linking the Hong Kong dollar to the U.S. dollar
at HK 7.74. This for two reasons. As a result of Asian devaluations now
averaging almost 50 percent, Hong Kong's competitive position in export
markets where
On Sun, 18 Jan 1998, Louis Proyect wrote:
Where are the Louis Armstrongs or Charlie Parkers of today?
Hip-hopping or DJ-ing in the 'hood, that's where. I've always felt that
the lineage of jazz modernism, from Armstrong's solos to Parker's bebop
tremolos to Coltrane's magnificent works of
On Sat, 24 Jan 1998, john gulick wrote:
What do pen-l'ers make of the argument propounded by pro-EMU social democrats
that w/o EMU global financial markets will discipline expansionary/welfare
initiatives, and at the very least w/EMU some weak version of EC-wide
expansionary/welfare
On Mon, 26 Jan 1998, Tom Walker wrote:
Productivity has become
largely a managerial afterthought. It is more a way of retroactively
matching outlays to output than it is a way of adjusting output.
The whole point of the computer revolution is that capital can
increasingly measure the
On Wed, 28 Jan 1998, Richardson_D wrote:
Thus we get to the question as to what to replace it [the U.S. dollar as
world reserve currency] with. This is a
very hard question for the individual but also for the monetary
authorities -- there just aren't many currencies out there that look
On Thu, 29 Jan 1998, Richardson_D wrote:
So perhaps the plan is to make the mark into much more of an
international currency. The question for the global economy is then
whether Germany, with or without the EC, is willing to assume the role
of the U.S. as the consumer of last resort.
On Tue, 3 Feb 1998, john gulick wrote:
More schizoid Clintonian politics -- do we want E. Asia to produce less
surplus value and realize more surplus value, a la Clinton's "get tough"
attacks on Japanese "neo-mercantilism," or do we want them to produce
more surplus value and realize less
On Fri, 20 Feb 1998 [EMAIL PROTECTED] wrote:
A second questions -- what IS it about ohio? Kent State, heckling the
president's propaganda team.
Proof positive, as if we needed it, that socialist dissidence is as
American as apple pie and cornfields. I have fond memories of OSU
activists from
On Mon, 23 Feb 1998, James Devine wrote:
Can anyone think of a better metaphor than the Titanic one?
How about all those Spaceship Earth metaphors, i.e. a more eco-leaning
Titanicity, where we're all supposed to be our own deck chairs? They're
still kind of incomplete, because spaceships are
On Wed, 28 Jan 1998, Rob Schaap wrote:
I've just been reading *Business Week*'s (26/1) 'How to stop the currency
crisis and get Asia going again'.
[summary from Business Week:]
1. A New Team: a task force of top private bankers, IMFers, accountants,
and G8 central bankers to design a
On Sat, 17 Jan 1998, Rob Schaap wrote:
-Also, I think Dennis once said China's economy is still a
disproportionately small generator of exchange anyway.
-I now take him to be also saying that a high interest rate strategy is
dangerously inhibitive for domestic business.
Yes, this is the
On Fri, 27 Feb 1998, Richardson_D wrote:
For me I guess the real question is whether a geographical shift is
possible at this time. The Japanese seem altogether too irresponsible
and too willing to put up with opaque accounting (their banks have
hidden losses, not on their books, of
On Mon, 2 Mar 1998, Trevor Evans wrote:
At present, most of the currencies likely to participate in the euro are
trading close the centre of their permitted range against the emu. Current
official thinking appears to be to announce these rates as the prospective
permanent rates in May, when
On Thu, 30 Apr 1998, Louis Proyect wrote:
Harvey was like Hamlet on the
question of keeping the Rover plant open. "To keep open, or not to keep
open--that is the question" was heard from his lips as paced the quad at
Oxford in the lonely hours of the night. And what was the big factor that
On Wed, 29 Apr 1998, Doug Henwood wrote:
My own recent tours of campuses, and conversations with
academics, combine to present a less pretty picture of the U.S. college
population. They seem, for the most part, poorly educated and don't seem to
give a fuck about much of anything. Am I just
On Tue, 28 Apr 1998, Mark Jones wrote:
Between 1990-1996 Chinese GNP
increased by 56%. Ex-Soviet GDP DECLINED by fifty %. The Chinese
state had long been incorporated as a periphery into the world
market and was not challenged by the collapse of the 1917-91
world-system.
China's per capita
On Tue, 28 Apr 1998, Louis Proyect wrote:
Fortunately there is relief form this sort of existential angst. You can
give classes on the labor movement to trade unionists like Michael Yates
does. Or you can be the faculty adviser to American Indian undergraduates
who organize anti-racist
On Mon, 27 Apr 1998, Rosser Jr, John Barkley wrote concerning the
demise of the dinos:
...the current scientific
consensus that they got zapped by an asteroid hit is really
coming on strong. Among other major pieces of evidence has
been the discovery of the remnants of the hit in the
On Sat, 4 Apr 1998, James Devine wrote:
One way of reconciling the titanic globalization vs. stripazation debate
that's brewing is to suggest that the strip-mining of the world is becoming
generalized. Capitalist strip-mining of the world also takes place in the
core (e.g., in South Central
On Mon, 6 Apr 1998, boddhisatva wrote:
Okay, you've been plugging this pro-Japanese Keynesian line for a long
while and Japan has been doing nothing but sucking wind. I'm buying puts
on the Yen. Are you going to put your money where your agitprop is?
Grad students have other
On Tue, 7 Apr 1998, Colin Danby wrote:
The other day Hashimoto asked how can Japan be in such bad
shape if it has so many foreign assets. Big deal. If
anything the extent of its foreign assets is an indication
of the lousy return on capital within Japan, for which there
seems to be
On Thu, 9 Apr 1998, Nathan Newman wrote:
Obviously, NAFTA was passed by a Democratic President, so that holds, but what
does it mean to say a Democratic Congress passed NAFTA?
Are you seriously arguing for a single second that the Dems *didn't* pass
NAFTA? So who was controlling the House,
On Fri, 10 Apr 1998, James Devine wrote:
Speaking of jargon, Dennis, what's a "punter"?
A Wall Street professional, a.k.a. stock broker (that restrained, sober
term for silicon highway robbery). Any etymological-minded political
economists out there know if this was originally a Victorian
On Thu, 16 Apr 1998, Jay Hecht wrote:
Can someone tell me how this isn't a replay of Keynes' analysis of the 1930s?
I believe we have the following common features:
1) Profound loss of confidence in the banking system (exluding the Postal
Savings system?)
2) Withdrawl of money into
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
On Fri, 24 Apr 1998, Nathan Newman wrote:
Just as Marx could attack Bismarck's actions while supporting a more
centralized state, it is perfectly consistent for left activists to
condemn the IMF's anti-labor policies while defending the existence of
it as an institution of centralized global
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
On Thu, 9 Apr 1998, Nathan Newman wrote:
IMF funding is a real tactical division: I very much doubt labor allies in
South Korea, for example, support cutting off IMF funding. They would
like support in easing the terms of the IMF in exchange for funds, but
merely shutting down the pipeline
On Thu, 9 Apr 1998, boddhisatva wrote:
What you fail to admit is that the purpose of a *capitalist*
economy is not to produce goods, but money.
Money is merely the financial form of capital. There are plenty of other
subforms of the larger abstraction (industrial, intellectual,
On Wed, 8 Apr 1998, Nathan Newman wrote:
If the Dems are so completely the party of Wall Street, how come the vast
majority voted against Wall Street's top priority bills?
NAFTA was passed by a Democratic Prez and Congress. The other bills
stalled because ordinary working folk got pissed off
On Sun, 5 Apr 1998, boddhisatva wrote:
Like I said: "Short the Yen. Fund the revolution."
Only if you use the profits to buy East Asian stocks. If Japan
was going to go belly-up, it would've done so in 1993, when the pressure
of high interest rates and negative growth threatened to
On Mon, 9 Mar 1998, john gulick wrote:
Your persistent celebration of Central European and Japanese
neo-mercantilism misses the flip side of the dialectical coin -- neo-liberal
America with its super-dollar and its credit card Keynesianism realizes the
value that these countries' workers
On Wed, 11 Mar 1998, Anthony D'costa wrote:
In a nutshell the US has the most "conducive" sets of institutional
arrangements for the reproduction and expansion of capital in today's
highly competitive world economy.
Says Wall Street. The downsized Main Streeters kaizening for Hyundai and
On Thu, 12 Mar 1998, valis wrote:
Your immense admiration for the German and Japanese systems suggests
to me that their judicious compromise between stalemated capitalist and
SD forces is the best we can hope for, there or here. Is that so?
Admiration? Hardly. They're capitalist,
On Sat, 14 Mar 1998, Mark Jones wrote:
Between 1995 2nd qtr and 1997 2nd qtr (IMF figs) UK interest rates
remained at 108-110 basis points above German long-term rates. In
the same period the pound rose from an average 2.20 DM to peak at
3.04 DM. The Italian lira in the same period
On Mon, 16 Mar 1998, Mark Jones wrote:
I have been looking at the way the stats were massaged by the Tories,
and yes, you can add maybe three points to the UK rate.
Nevertheless today the UK unemployment rate is 5-8 percentage points
below the German and 6-9 points below the French.
On Tue, 17 Mar 1998, Mark Jones wrote:
Dennis, what actually ARE your politics?
Oh, I'm a Marxist who swears allegiance to the Transitional Program of
Grouchoism, whose main principle is that the first act of the revolution
will be a mass pie-in at all the boardrooms and corporate offices at
On Wed, 1 Apr 1998, MScoleman wrote:
Finally, as a leftist I get sick and tired of lefties knocking the goals of
unions and unions leaders who are at least trying to change -- or not
differentiating between unions trying to change and those maintaining the
status quo. No boys, the afl/cio
On Tue, 31 Mar 1998, PJM0930 wrote:
The Wehrmacht might have long delayed the
Russian advance and perhaps ground it to a halt except for the fact that
Hilter made it a point of involving
himself with tactial and operational doctrine to the point it
tremendously weakened the Germans
On Wed, 1 Apr 1998, Michael Eisenscher wrote:
There is only one way this can be achieved: by involving millions of union
members directly in reaching out to unorganized workers (starting with
members of their own families) and involving them fully in a massive
campaign to revitalize the
On Fri, 11 Feb 2000, Brad De Long wrote:
Neoliberals hope that multinational corporations, financial analysts,
bond-fund managers, and bond raters will in the end be able to apply
some constructive pressure to improve the situation: better the
discipline of the world market than no
On Tue, 22 Feb 2000, Brad De Long wrote:
I think that Weber is arguing for parliamentary democracy by saying
that only if each individual is a co-ruler--a Herr--can the nation's
people be a master race--a Herrenvolk.
"Herr" means, literally, "Mister", and also "Master" and "Lord", in the
On Thu, 21 Jan 1999, Louis Proyect wrote:
Dennis Redmond:
If Butler
claimed to speak for the people on the Rez, then you could slam her for
yakking away. But she's not.
Dennis, but she does so implicitly.
Ah. You are, then, blessed with powers of clairvoyance? Can you tell us
what
On Thu, 21 Jan 1999, Louis Proyect wrote:
The main thing I got out of Epstein's remarks is that graduate students
imbued with the postmodernist zeitgeist are more interested in fighting
with other graduate students than with institutionalized racism and sexism.
Ever talked to any real grad
On Fri, 22 Jan 1999, William S. Lear wrote:
where it might be dense. Michael Perelman wrote an entire book on
Marx and I can't think of prose more lucid and intelligent. Where are
these people for Butler? Will they only come along 150 years later?
Is there no one capable today of
On Sat, 23 Jan 1999, William S. Lear wrote:
Why is it I can pick up books on quantum physics and understand them?
Because some folks can learn some things easier than others. I'm
hopeless, myself, at physics; all those vectors and abstractions make my
brain shut down. Others are terrific at
On Sat, 23 Jan 1999, William S. Lear wrote:
OK, so what is an example of "cultural models of reasoning"?
Introspection; nostalgia; childhood memories; angst; affection; love, etc.
All these things are ways of thinking, and not just of feeling. But they
can't be subordinated to mechanical Laws
On Sat, 23 Jan 1999, valis wrote:
OK, Dennis, this is at least the second time you've drawn Ms Butler as
an epistemological Magellan not yet arrived back to accolades in Spain,
so why not enlighten us further by concretely parsing the thicket?
No, no, I'm no font of received wisdom. Read
On Wed, 20 Jan 1999, James Michael Craven wrote:
I wonder how many working class women or women on Reservations could
relate to or understand the rhetoric in the example of Butler's
writings given in the Doublespeak award? I suspect few if any.
So what? Are all those scientists who use
On Wed, 13 Jan 1999, Louis Proyect wrote:
I don't mean that she is for "identity". All I am saying is that she is an
academic theorist who makes her living participating in sterile debates
around such questions. I think you are misunderstanding the entire context
of the term
Barkley -- I know you asked for the lowdown on Butler, I can't speak on
her newest stuff, not having access to the texts (the library here has
ordered them), but here're some brief pointers:
"Gender Trouble" (1990) Does the tour through Beauvoir and structuralism
through psychoanalysis and
So there I was, contemplating the savagely-deindustrialized wasteland of
the Pax Post-Britannia, when a line in the Economist's February country
survey of Germany caught my eye. Amidst the usual loathesome bleatings
about how the second-richest industrial country in the world (behind
Japan) just
On Fri, 5 Feb 1999, Tom Walker wrote:
of surplus value in order to maintain political hegemony. Think of the
stop/go monetary/fiscal policies in which "overheating" of the economy
remains a constant worry. In terms of "this depression", we're not out of
the woods yet. And, like the last
On Tue, 9 Feb 1999, Max Sawicky wrote:
Actually this pales next to the comprehensive discussion
of Lesbian phalluses on Henwood's 'Libidinous-Business
Observer' list.
That ain't the half of it. Wild whipping sessions, the crossing of
the intergalactic divide from Starcluster Spandex to
On Sun, 14 Feb 1999, Ken Hanly wrote:
However, I would like to know how this (Butler type) analysis is of
practical use.
It's quite simple: we all agree that late capitalism sucks, that the
System is oppressive and evil, and that ordinary folks are being screwed.
So why don't those people
On Fri, 19 Feb 1999, Henry C.K. Liu wrote:
Where is the party? Who is celebrating and celebrating what? A lot of working
people in America are finally going to lose their jobs and companies are going
to go under.
The US owes Japan $1 trillion. Lessening the interest burden on that debt
is a
On Wed, 24 Feb 1999, Louis Proyect wrote:
...Bourdieu's prose reeks of intellectual pretentiousness and
name-dropping.
Gee, Lou, now you've cast Fred Jameson *and* Bourdieu from the Paradise of
of Approved Marxists down into the Hades of Evil Running Dog Intellectual
Pig Allies of the
On Sun, 21 Feb 1999, Henry C.K. Liu wrote:
Hyperinflation will not help Japan. Krugman is wrong. Because both the
debtors and creditors in Japan are Japanese and they both use yens.
The secret of Keynesianism is that you don't just print money, you use it
to *buy stuff*. That means
On Thu, 18 Feb 1999, michael perelman crossposted:
The Globe and Mail Report on Business February 18, 1999
BANK OF JAPAN PUSHES SHORT-TERM RATES NEAR ZERO
Bill Spindle, Jathon Sapsford
The Wall Street Journal, Tokyo
The central bank's decision to
On Mon, 15 Feb 1999, Louis Proyect wrote:
It is not a great mystery why people act against their own material
self-interest.
Oh yes it is. For one thing, the fact that this happens over and over
again totally negates one of the fundamental tenets of neoclassical
economics: that we're all just
On Sun, 14 Feb 1999, Ken Hanly wrote:
You say that the Phallus is the symbol of authority not the authority itself
You then say that this is analogous to bank credit. But how is bank
credit symbolic? Bank credit is a reality.
A *mediated* reality. It's a claim on some future profit
On Sun, 14 Feb 1999, Rob Schaap wrote:
How does this *polarise* our identities? Doesn't it sorta *merge* 'em?
Yep. That's the scary part of it: capital isn't just this external thing,
it gets into our skulls. We're all part of The Beast.
their identity? Or is identity not about exclusion?
On Sun, 14 Feb 1999, Rob Schaap wrote:
I don't know what the phallus is, but I know it's not supposed to be
reducible to the penis. So what is it? How do we deploy the concept? Is
it important for lesbianism (or feminism-in-general?) to incorporate into
its identity (as Ange implies
On Wed, 10 Feb 1999, Louis Proyect wrote:
This happened all the time in Cuba, except they didn' t have unemployment
like in Jamaica or the Dominican Republic.
Incidentally, I was just in Jamaica thanks to a family reunion. The
poverty there is something ferocious to behold -- the thing is,
On Wed, 10 Feb 1999, Louis Proyect wrote:
The simple reality was that the Sandinistas could not find a solution to
Nicaragua's economic problems within Nicaragua itself. Facing a US trade
embargo, it grew to depend heavily on outside assistance. The story of
outside assistance was not one to
On Fri, 5 Feb 1999, Louis Proyect wrote:
If Great Britain had resisted the Monroe
Doctrine, would there have been a "long wave" or would the US economy have
stagnated? Perhaps the long waves are nothing but a barometer of the
imperialist lurches forward of the Yankee republic.
I always
On Tue, 11 Jul 2000, Mine Aysen Doyran wrote:
there are also conference papers by Arrighi and Wallerstein (His article on
_Rise and Demise of World System Theory_ is pretty useful in outlining some of
the features of the world system theory. http://fbc.binghamton.edu/).
Sure, but here's
On Wed, 12 Jul 2000, Mine Aysen Doyran wrote:
My question is that "are *geo-politics* and *geo-economics* separate" in
the way that you imply above?
Of course they are; the dialectic of capital is that politics drives
economics which in turn drives politics ad infinitum. The poles of the
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