i found alot of that stuff very redundant (though i guess there are the 'controversies' like how you measure worldwide income inequality evolution). some of it seemed turgid rephrasing of things written already elsewhere (though sometimes equally turgid). its popular in some circles it seems (in my case, among some 'socialists' (i guess old school, though not neccesarily referring to age) ; eg people who think kovel is the sh-t. i will say they use the wor(l)d 'supply chain' (which in ecology would be known as ecological dependencies and such, or econ as spillovers, etc.) and i thought that was a good term. (eg just in time manufacturing). an alternative to the 'stopped clock' would be the 'ergodic hyptohesis" (or many worlds interpretation) which is that if you wait long enough, everything happens (eg eternal return of nzietche, hindus, and poincare.) i like that one conceptually. (taleb in a sense makes that point about long tails and the EMH.)
--- On Wed, 9/16/09, Sean Andrews <[email protected]> wrote: From: Sean Andrews <[email protected]> Subject: Re: [Pen-l] Wallerstein: worst is yet to come To: "Progressive Economics" <[email protected]> Date: Wednesday, September 16, 2009, 11:10 PM On Wed, Sep 16, 2009 at 20:59, Max B. Sawicky <[email protected]> wrote: > It was kind of tedious. I couldn't get through the whole thing. > Didn't encourage me to read his books. > > Some of his stuff is pretty good, it's just when he tries to make grand predictions that he comes off like an ass. When I was reading him for my field statements--Wallerstein and the whole world system's gang--it struck me that they were often pretty ensconced in the "stopped clock" approach to predictions: if they just kept predicting the eminent demise of the entire system, eventually they might turn out to be right. s _______________________________________________ pen-l mailing list [email protected] https://lists.csuchico.edu/mailman/listinfo/pen-l
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