You guys are really into flaunting. 

REH

-----Original Message-----
From: Keith Hudson [mailto:[email protected]] 
Sent: Tuesday, April 30, 2013 6:03 AM
To: RE-DESIGNING WORK, INCOME DISTRIBUTION, EDUCATION; Ray Harrell
Cc: Keith Hudson
Subject: Re: [Futurework] Capitalism is killing our morals, our future -
MarketWatch

At 01:09 30/04/2013, you wrote:
>(REH)  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?

(KH) Because he'd have one fewer status signals to flaunt.

Keith

>    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-tim
>e.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]
>om
> > > [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-B
>A04-0
>02128040CF6>http://www.marketwatch.com/Story/story/print?guid=01AA1916-
>02128040CF6>AEA6-
>11E2-BA04-002128040CF6
> > >
> > >
> > >
> > > __._,_.___
> > > __,_._,___
> > > _______________________________________________
> > > Futurework mailing list
> > > [email protected]
> > > https://lists.uwaterloo.ca/mailman/listinfo/futurework
> >
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