Chrish Burford wrote:
I could not find the footnote, but Marx uses the word "assume" in the
sense
in which Jim uses it
Playing with words. The results already obtained include Marx's
logico-historical derivation of the _existent_, equal comodity exchange.
Mark Jones
In fact surely the entire burden of Marx's thesis in all 3 vols of Cap + TSV
and indeed in all his mature economics writing, is that profits MUST be
explained and CAN ONLY be explained on the basis of EQUAL commodity
exchange, not for eg according to Physiocratic notions about wheat harvests
or
At 22:06 17/04/00 -0700, you wrote:
what I was thinking of can be found at the end of chapter 5 of CAPITAL Vol. I:
...
average prices do not directly coincide with the values of commodities,
as Adam Smith, Ricardo, and others believe.
This argument is why it is unwise to use the term
At 07:55 AM 04/18/2000 +0100, you wrote:
In fact surely the entire burden of Marx's thesis in all 3 vols of Cap +
TSV and indeed in all his mature economics writing, is that profits MUST
be explained and CAN ONLY be explained on the basis of EQUAL commodity
exchange, not for eg according to
Chris Burford [EMAIL PROTECTED] 04/17/00 07:16PM
True a stock market crash could trigger a financial crisis which could
trigger an economic crisis particular if US consumers stop consuming as if
they never had to save. However only a general political crisis could shift
the balance of
[EMAIL PROTECTED] 04/14/00 05:59PM
very true. plus Luxemburg..
Lenin and Trotsky were both champions of arguments against the Second
Interntional-Menshevic claim that socialism couldn't take root in
'backward' places.
CB: Also, Lenin predicted the revolution in the "East" would
Jim Devine [EMAIL PROTECTED] 04/18/00 11:03AM
BTW, I think it's possible to develop a Marxian theory of the origins of
profit without equal exchange or even the "law of value." Marx starts with
a societal perspective, with "capital as a whole" in vol. I of CAPITAL and
moves in the direction
From: "Robert W. Parenteau" [EMAIL PROTECTED]
Subject: unemployment and the stock market
Mime-Version: 1.0
Content-Type: text/plain; charset="us-ascii"
Michael -
It is a little early for dot.com defections to be showing up in
unemployment figures, but not out of the question. Keep in mind the
I wrote:
BTW, I think it's possible to develop a Marxian theory of the origins
of profit without equal exchange or even the "law of value." Marx starts
with a societal perspective, with "capital as a whole" in vol. I of
CAPITAL and moves in the direction of dealing with individuals and
More on this month's Malefactor of Wealth,
Bechtel Corp:
. . . Bechtel has long been a WB favorite contractor - naturally since they
are infamous for using their heavy handed Repub political clout for getting
the big infrastructure projects overseas and in the defense industry. . .
."Although
Max Sawicky [EMAIL PROTECTED] 04/17/00 04:51PM
I'm continually surprized by how little attention there
is here to 'dollarization.'
CB: What's important about dollarization ?
The link below has a
number of reports, mixed among other Repug shit
True, Charles, but surely the important thing for a Marxist is a revolution that leads
to socialism. And there Marx's contention that it
could only occur in an advance capitalist country still holds.
Rod
Charles Brown wrote:
[EMAIL PROTECTED] 04/14/00 05:59PM
very true. plus Luxemburg..
NEWS FLASH -- SOME WEB RETAILERS ARE MAKING MONEY!
A new study by Boston Consulting Group in conjunction with shop.org
shows
that 38% of Web retailers are actually making money, and a surprising
72% of
catalogue companies that moved into cyberspace now have profitable Web
operations. Although
Revolution can "only occur in an advance capitalist country?". Which
Marxists subscribe to this notion besides vulgar orthodoxs nowadays? This
was *not* Marx's contention. Marx's circumstances were entirely different
when he came closer to this idea, but he never explicitly put it.
History
I'd say it more this way, Rod. There is no successful socialism without it eventually
being a world revolution. But that doesn't mean that the world revolution starts
everywhere at the same time.
And directly to your point, and proven by the first efforts to build socialism in the
20th
-- Forwarded message --
Date: Tue, 18 Apr 2000 03:37:13 -0400 (EDT)
From: Gunder Frank [EMAIL PROTECTED]
To: WORLD SYSTEMS NETWORK [EMAIL PROTECTED]
Cc: WORLD SYSTEMS NETWORK [EMAIL PROTECTED],
Mark Ritchie [EMAIL PROTECTED], CENES [EMAIL PROTECTED]
Subject: Re: The
Barkley Rosser (once of pen-l, soon to return) forwards these comments on
Jared Diamond's _Guns, Germs Steel_
Remarks on Diamond in light of Devine and DeLong reviews:
I think the claim that _Germs, Guns, and Steel_ by Jared Diamond
is the greatest work of genius in econ
Jim Devine [EMAIL PROTECTED] 04/18/00 02:39PMBut, there is a
big problem with Diamond's argument and it is
Africa. O'Neill and others make it clear that Africa, the likely
origin of humanity, has more diseases than anywhere else in the world and
many of these came from contact
Max Sawicky [EMAIL PROTECTED] 04/17/00 04:51PM
I'm continually surprized by how little attention there
is here to 'dollarization.'
CB: What's important about dollarization ?
That's what I was hoping others could tell me.
Off the top of my head, it would seem to have
dire
Max Sawicky [EMAIL PROTECTED] 04/18/00 03:07PM
Max Sawicky [EMAIL PROTECTED] 04/17/00 04:51PM
I'm continually surprized by how little attention there
is here to 'dollarization.'
CB: What's important about dollarization ?
That's what I was hoping others could tell me.
Off
Rod Hay wrote:
True, Charles, but surely the important thing for a Marxist is a revolution that
leads to socialism.
NO! This is to pretend that we access to a crystal ball. The important
thing for a Marxist is revolution aimed at socialism. Whether it succeeds
in maintaing itself to fit
talking a break...
CB: What's important about dollarization ?
quoth Max:
That's what I was hoping others could tell me.
Off the top of my head, it would seem to have dire implications for the
independence of other countries and the adequacy of their money supply,
from the standpoint of
Perhaps some on Pen-L might be interested in this
Cheers, Ken Hanly
April 18, 2000
NEW FROM THE CCPA
Here is a selection of new publications from the Canadian Centre for
Policy Alternatives. Note that they do not, for the most part, include
new publications from our provincial offices.
The New York Times, March 31, 2000, Friday, Late Edition - Final
House Passes Bill To Help Colombia Fight Drug Trade
By ERIC SCHMITT
After two days of debate, the House today approved a $12.7 billion
emergency spending bill whose centerpiece commits the United States to
train and equip
New York Times, April 18, 2000
Power-Line Thieves Loot Russia, Often Risking Death or Maiming
By PATRICK E. TYLER
PROKOPYEVSK, Russia, April 15 -- Maksim Naumenko, a 12-year-old boy with a
slight build and a cherub's face, had just stolen a goodly length of copper
wire from the Tyrginskaya
New York Times, April 18, 2000
Janitors Struggle at the Edges of Silicon Valley's Success
By STEVEN GREENHOUSE
SAN JOSE, Calif. -- From 6 p.m. to 2 a.m. each night, Guadalupe Herrera
cleans offices at that pinnacle of high-tech success, Cisco Systems, and
then she heads home to the garage
Louis Proyect wrote:
[The current issue of the Nation Magazine has an article by John Dignes
that supports the NPR-ization of the radical FM radio network that
broadcasts Doug Henwood's excellent radio show as well as some other show
that at least to me are less than excellent. But radical they
Thanks for the kind words, Lou, but I've been reading Feldman's stuff
for years on the FreePacifica lists, and he's really off base on
this. Feldman takes a useful technique - tracing board links and such
- and goes into overdrive with it. I'm not unfamiliar with the
internal workings of The
Michael Perelman wrote:
Of the state of California reported today that unemployment is up
because of the recent declines in the dot.com stocks -- prior to the big
swoon. Dean Baker, who is gracing our campus with his presence today
expressed skepticism. It made some sense to me since both
This is closer to what I believe, Charles. But even so. It is likely that a revolution
that starts anywhere but the US or Western Europe would quickly be bombed to oblivion.
Even in US or Western Europe, it must be a mass democratic upheaval, rather than a
small group coup d'etat.
Rod
Widespread dollarization, would have a similar effect as a fixed exchange rate,
such as the gold standard or Bretton Woods. Except that the degree of fixity
would be much greater. (much less opportunity to cheat). And as such it would
have the advantages and disadvantages of a fixed exchange
On page 109 of his 1984 book "The Politics of the World-Economy",
Wallerstein comments on the 1973 oil-crisis:
"The result of course was not only
to reallocate distribution
of world surplus,
but to constrain
world production.
(It is for this reason that
political opposition to OPEC
in
I can not think of any revolution that was not a mass democratic
movement, if the meaning of revolution is not conflated with
coup-d'etat, of course!
Mine
it was written:
mass democratic movement rather than a small group coup d'etat.
Charles Brown wrote:
There is no successful socialism
Jim,
Correct me if I am wrong, but is dollarization any different from in
the EMU with fixed exchange rates for the small countries?
Paul
Date sent: Tue, 18 Apr 2000 12:57:54 -0700
To: [EMAIL PROTECTED]
From: Jim Devine [EMAIL PROTECTED]
Ken,
I checked the web site for "Falling Behind" and it wasn't listed. A
pity since I had intended to order a copy.
Paul
Date sent: Tue, 18 Apr 2000 15:08:47 -0500
From: Ken Hanly [EMAIL PROTECTED]
Send reply to: [EMAIL PROTECTED]
To:
The thirties saw Japan leaping forward from the advanced positions
conquered during the World War, when it had consolidated its grip on
Eastern markets. Now it expanded into the next ring of countries--India,
the Dutch Indies and the British colonies in East Asia. While Britains
share of Indias
http://fbc.binghamton.edu/iwleftpol.htm
"A Left Politics for the 21st Century? or, Theory and Praxis Once
Again"*
by Immanuel Wallerstein
Fernand Braudel Center 1999
There is said to be a Yugoslav aphorism that goes like this: "The only
absolutely certain thing is the future, since the past
At 07:33 PM 04/16/2000 -0500, you wrote:
Jim,
Correct me if I am wrong, but is dollarization any different from in
the EMU with fixed exchange rates for the small countries?
Paul
I'm not really the one to ask (not being a international finance expert),
but in the case of the EMU, the decision
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