Regarding nuances-- I  have to take issue  with the moderator's version
of Marx's nuances.

Marx's assessment of negative, was not a moral, balancing, or
equivocating analysis.  It most certainly was not a "one the one
hand....., on the other hand......" type of analysis.

It is most certainly is an "at one and the same time" analysis.

The negative, not good or bad, is hitched to Hegel's  negation, and as
such the "progressive,"  "positive,"  elements of industry, property, or
a class,  exists precisely and solely  to the degree that that those
elements create the terms of their own negation, their own overthrow,
their own supercession.

The failure to grasp nuance is not in "balance" of positive and
negative, but in identifying,  by ignoring the class basis,  capitalist
progress, capitalist  development  as "progress,"  "development."

----- Original Message -----
From: "Michael Perelman" <[EMAIL PROTECTED]>
To: <[email protected]>
Sent: Saturday, May 12, 2007 1:29 PM
Subject: Re: [PEN-L] Nationalism and State Ownership Seen as Main
Threats to Oil Supply


> The article the set off this discussion did not mention the
disinclination of the
> private petroleum companies to contribute to productivity.  Instead of
exploration,
> they use their cash hordes to buy each other's companies.  They do
little for
> modernization.  Consider British Petroleum's repeated industrial
accidents.  Should
> we forget their contribution to shutting down alternative energy,
first through
> buying up startups in the 70s and through political pressure more
recently.  Now
> they will most certainly win huge subsidies with their "public-minded"
efforts for
> alternative energy.
>
> Michael Hoover correctly noted that public ownership as such doesn't
automatically
> mean very much unless the government actually puts the proceeds to
good use.  I
> suspect that prewar Iraq had elements of both the good and bad of
public ownership.
> The country did put something back into education and health care, but
I suspect
> with some degree of confidence that only a small portion of the
proceeds went to any
> public purpose.
>
> One final note that I cannot resist interjecting here.  I recall that
Marx had a
> concept called dialectics, in which even negative factors, such as
slavery, could
> play a progressive role.  In the same sense, Marx judged England both
positively and
> negatively.
>
> Even in discussing something like the organization of the petroleum
industry, some
> of us have an almost reflexive instinct to declare each player either
a good guy or
> a bad guy.  Nuances seem to elude us.
>
>
> --
> Michael Perelman
> Economics Department
> California State University
> Chico, CA 95929
>
> Tel. 530-898-5321
> E-Mail michael at ecst.csuchico.edu
> michaelperelman.wordpress.com
>

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