Why are all of those English austerity types vacationing in "lefty, commie, socialist" Tuscany instead of helping the local business. Why not just stay home and spend all of that money at the pub? Or, does the beauty of "lefty, commie, socialist" vineyards, farms and piazzas compared to the UK locals, spell something special that feeds the soul and refreshes the heart? Couldn't that be done in Merry Old England? Or is it a matter of, as in Ireland, punishing them for thinking of beauty after truth? I'm a long ways from there and just telling what it looks like from a distance. What is your understanding of that? I'm willing to be wrong about that. Remember, Americans complained when Obama sent his children to Trinidad for vacation. I didn't but the GOP did.
REH -----Original Message----- From: [email protected] [mailto:[email protected]] On Behalf Of pete Sent: Monday, April 29, 2013 5:41 PM To: RE-DESIGNING WORK, INCOME DISTRIBUTION, EDUCATION Subject: Re: [Futurework] Capitalism is killing our morals, our future - MarketWatch On Mon, 29 Apr 2013, Keith Hudson wrote: > At 05:16 29/04/2013, Ray Harrell wrote: > > Maybe the WSJ and Krugman are collaborating? > > REH > > Maybe Krugnan is up to his old rhetorical tricks. As usual, he raises > a topic very early on without giving evidence. Then he leaves it > largely alone until right at the end of his piece where he returns to > the topic as though his view on it had thus been proved. The Greeks > had a term for this type of invalid argument. > > In this case Krugman talks of austerity in his first paragraph and > mentions academic studies as though they had been found invalid by > subsequent academic studies. You seem to have overlooked the embedded link, but regardless, I don't know what rock you would have had to have been under to miss the Reinhart - Rogoff fiasco last week. Because he doesn't actually say this specifically the reader is > inclined not to pick fault with it. Good, as they certainly shouldn't However, when he talks of austerity in his > last paragraph it's as though austerity has actually been disproved in some > academic paper or other, not to speak of the body of the essay he has just > written. Yes. -Pete > > Yes, of course, there's a powerful tide against austerity by electorates which > have been feather-bedded until recently (e.g. Greece, Portugal, Italy) and > also by governments which are too frightened to try it (e.g. France, Belgium). > Nevertheless, those countries which have tried it and succeeded (e.g. West > Gernany 'swallowing' a bankrupt East Germany 20 years ago) or are in the > process of succeeding today (e.g. Iceland, Iceland) can only confirm that > austerity is essential. > > Keith > > > > > > <http://www.nytimes.com/2013/04/29/opinion/krugman-the-story-of-our-time.htm l?hp>http://www.nytimes.com/2013/04/29/opinion/krugman-the-story-of-our-time .html?hp > > > > > > From: [email protected] > > [mailto:[email protected]] On Behalf Of Arthur Cordell > > Sent: Sunday, April 28, 2013 10:59 AM > > To: 'RE-DESIGNING WORK, INCOME DISTRIBUTION, EDUCATION' > > Subject: [Futurework] Capitalism is killing our morals, our future - > > MarketWatch > > > > > > > > From: > > <mailto:[email protected]>[email protected] > > [mailto:[email protected]] On Behalf Of Steve Kurtz > > Sent: Sunday, April 28, 2013 6:48 AM > > Subject: [Ottawadissenters] Capitalism is killing our morals, our future - > > MarketWatch > > > > > > > > The nanny state went too far in the other direction, but he is correct about > > much here in my opinion. > > Steve > > > > > > > > excerpts: > > Unfortunately, we never had that debate during the 30-year rise of ?market > > triumphalism. As a result, without quite realizing it ? without ever > > deciding to do so ? we drifted from having a market economy to being a > > market society.? > > And ?the difference is this: A market economy is a tool ... for organizing > > productive activity. A market society is a way of life in which market > > values seep into every aspect of human endeavor. It?s a place where social > > relations are made over in the image of the market.? The difference is > > profound. > > > > > > The good professor is a great teacher, with only one glaring flaw in his > > logic: he?s too idealistic, too quixotic. You don?t have to be a fatalist to > > know that without a total economic collapse, market capitalists ? including > > 1,426 billionaires, Wall Street bankers, hedgers, lobbyists and every other > > special interest getting rich off the new market society ? will never > > voluntarily surrender their control over the American political system. > > Rather, they will blindly continue down their self-destructive path with an > > absolute conviction they are divinely guided by the Invisible Hand of Adam > > Smith, and perhaps even God. > > Meanwhile, we have no choice but wait patiently till the collapse, anxiously > > aware that our bizarre political system will just keep degrading America?s > > moral values, pricing, buying, selling, trading morals like commodities, > > because in the final analysis everything has a price and everyone has a > > price in our hot new exciting Market Society. > > > > > > <http://www.marketwatch.com/Story/story/print?guid=01AA1916-AEA6-11E2-BA04-0 02128040CF6>http://www.marketwatch.com/Story/story/print?guid=01AA1916-AEA6- 11E2-BA04-002128040CF6 > > > > > > > > __._,_.___ > > __,_._,___ > > _______________________________________________ > > Futurework mailing list > > [email protected] > > https://lists.uwaterloo.ca/mailman/listinfo/futurework > _______________________________________________ Futurework mailing list [email protected] https://lists.uwaterloo.ca/mailman/listinfo/futurework _______________________________________________ Futurework mailing list [email protected] https://lists.uwaterloo.ca/mailman/listinfo/futurework
