[Marxism] Michael Moore's Leaked Citibank Plutonomy Memo
== Rule #1: YOU MUST clip all extraneous text when replying to a message. == I cannot copy the memo, only read it on the web. Its willingness to write so honestly about our neoliberal capitalism, it is interesting and worthy of comment. Maybe someone can figure out how to copy it. http://www.box.net/shared/9if6v2hr9h -- Michael Perelman Economics Department California State University Chico, CA 95929 mperel...@csuchico.edu 530 898 5321 fax 530 898 5901 http://michaelperelman.wordpress.com Send list submissions to: Marxism@lists.econ.utah.edu Set your options at: http://lists.econ.utah.edu/mailman/options/marxism/archive%40mail-archive.com
Re: [Marxism] Michael Moore's Leaked Citibank Plutonomy Memo
== Rule #1: YOU MUST clip all extraneous text when replying to a message. == Shows how computer literate I am. Thanks. On Sun, Jan 23, 2011 at 6:32 PM, Les Schaffer schaf...@optonline.net wrote: == Rule #1: YOU MUST clip all extraneous text when replying to a message. == just click on the Download button and the pdf is yours. cute little cartoon on the bottom left of the front page, shows a Knight ready to capture a Pawn. Les michael perelman wrote: == Rule #1: YOU MUST clip all extraneous text when replying to a message. == I cannot copy the memo, only read it on the web. Its willingness to write so honestly about our neoliberal capitalism, it is interesting and worthy of comment. Maybe someone can figure out how to copy it. http://www.box.net/shared/9if6v2hr9h Send list submissions to: Marxism@lists.econ.utah.edu Set your options at: http://lists.econ.utah.edu/mailman/options/marxism/michael.perelman3%40gmail.com -- Michael Perelman Economics Department California State University Chico, CA 95929 530 898 5321 fax 530 898 5901 http://michaelperelman.wordpress.com Send list submissions to: Marxism@lists.econ.utah.edu Set your options at: http://lists.econ.utah.edu/mailman/options/marxism/archive%40mail-archive.com
[Marxism] Notes from a Declining Empire: Introduction
== Rule #1: YOU MUST clip all extraneous text when replying to a message. == Other than the ability to manipulate and control its people and to export destruction to the rest of the world, the US empire seems to be fading in the midst of an emerging mulipolar world. The US is a strong exporter of weapons, agricultural products, and intellectual property -- and little else. Cutting back on education, health care and other services that government should provide is hardly a way to build a strong economy. One of the symptoms of decline is the weakening of the attraction of US culture. In Asia, Korean culture seems to be in ascendance. The Wall Street Journal recently reported as a fluff piece about this phenomenon. What is it that the US will be able to offer the rest of the world other than its culture of looting, shooting, and polluting. Hookway, James and Wilawan Watcharasakwet. 2010. Hungry for Drama, Chinese Viewers Send Out for Thai: The Sexy Soap Opera Actresses and Actors Are So Asian -- And So Over the Top. Wall Street Journal (3 December). http://online.wsj.com/article/SB10001424052748704584804575644610069449980.html?mod=ITP_AHED What's going on, TV analysts in the region suspect, is that Asia is starting to outgrow its addiction to Hollywood hand-me-downs. For years, Asian broadcasters have been relying on such U.S. imports as the CSI dramas and that old standby Baywatch to fill out their programming schedules. Now, egged on by the popularity of South Korean singers and actors in recent years, Asian broadcasters are more comfortable using their neighbors' TV dramas or music instead of American fare. Some analysts figure the success of the Asian programs is the latest sign of Asia's rising confidence. -- Michael Perelman Economics Department California State University Chico, CA 95929 mperel...@csuchico.edu 530 898 5321 fax 530 898 5901 http://michaelperelman.wordpress.com Send list submissions to: Marxism@lists.econ.utah.edu Set your options at: http://lists.econ.utah.edu/mailman/options/marxism/archive%40mail-archive.com
[Marxism] Predatory Capitalism and the Isolated Individual
== Rule #1: YOU MUST clip all extraneous text when replying to a message. == I just did a YouTube rant: Predatory Capitalism and the Isolated Individual http://www.youtube.com/watch?v=Y48zZ9sUvS0 -- Michael Perelman Economics Department California State University Chico, CA 95929 mperel...@csuchico.edu 530 898 5321 fax 530 898 5901 http://michaelperelman.wordpress.com Send list submissions to: Marxism@lists.econ.utah.edu Set your options at: http://lists.econ.utah.edu/mailman/options/marxism/archive%40mail-archive.com
Re: [Marxism] Why civilizations rise and fall
== Rule #1: YOU MUST clip all extraneous text when replying to a message. == I am only 1/3 through with the book, which does pay attention to institutional rigidies, despite what the reviewer says. City size does seem to be a useful metric for ancient societies because it takes a considerable organization to maintain a large city. Think of Rome's great sewers and acquaducts. Today, the technology for managing Lagos is well known. In ancient times it was not. The reviewer took an interesting book, ran it through a neo-classical sausage machine and found it wanting. -- Michael Perelman Economics Department California State University Chico, CA 95929 530 898 5321 fax 530 898 5901 http://michaelperelman.wordpress.com Send list submissions to: Marxism@lists.econ.utah.edu Set your options at: http://lists.econ.utah.edu/mailman/options/marxism/archive%40mail-archive.com
[Marxism] David Carr vs. Waiting for Superman
== Rule #1: YOU MUST clip all extraneous text when replying to a message. == http://www.nytimes.com/2010/12/20/business/media/20carr.html?ref=business ... Which is odd when you think about it. If you are looking for an American institution that failed the public, made resources disappear without returning value and lacked accountability for its manifest sins, the Education Department would be in line well behind Wall Street. By now, the notion that business is a place built on accountability and performance should be as outdated as the one-room schoolhouse. Ask yourself, what would happen if American public schools were offered hundreds of billions in bailout money? One outcome is not in the cards: its leaders would not end up back at the trough so quickly, sucking up tens of millions in bonuses as Wall Street has. -- Michael Perelman Economics Department California State University Chico, CA 95929 mperel...@csuchico.edu 530 898 5321 fax 530 898 5901 http://michaelperelman.wordpress.com Send list submissions to: Marxism@lists.econ.utah.edu Set your options at: http://lists.econ.utah.edu/mailman/options/marxism/archive%40mail-archive.com
[Marxism] Herodotus and Terrorism
== Rule #1: YOU MUST clip all extraneous text when replying to a message. == Now that the US is tightening the financial noose around Assange, the New York Times has an editorial calling for the replacement of cash with electronic money. Kurke, Leslie. 1999. Coins, Bodies, Games, and Gold: The Politics of Meaning in Archaic Greece (Princeton: Princeton University Press) describes how Herodotus saw money as a way to undermine hierarchies. Finally, the military agrees. Lipow, Jonathan. 2010. Turn In Your Bin Ladens. New York Times (18 December): p. A 23. http://www.nytimes.com/2010/12/18/opinion/18lipow.html?ref=opinion Nowadays, terrorist networks have become important users of cash. No organization understands this better than the United States military. During the early years of coalition operations in Afghanistan and Iraq, American forces distributed cash liberally. From 2003 and 2008, about $19 billion in physical money was handed out to Iraqi suppliers and contractors. But the military has gradually realized that the anonymity of cash makes it easy for terrorists and insurgents to smuggle in money and make purchases without a trace. That’s why for the past few years the military has been striving to replace its cash transactions with electronic fund transfers and debit card payments in the hopes of achieving a “cashless battlefield,” in the words of Peter Kunkel, a former assistant secretary of the Army. Soon the government will be able to tell when a 7 year old buys some bubble gum. -- Michael Perelman Economics Department California State University Chico, CA 95929 mperel...@csuchico.edu 530 898 5321 fax 530 898 5901 http://michaelperelman.wordpress.com Send list submissions to: Marxism@lists.econ.utah.edu Set your options at: http://lists.econ.utah.edu/mailman/options/marxism/archive%40mail-archive.com
[Marxism] Lecture for a Chinese Delegation
== Rule #1: YOU MUST clip all extraneous text when replying to a message. == I am going to give a talk to a Chinese delegation. I have to write up the talk in advance for the participants to have a translation to read. Any comments would be appreciated. China presents a curious contradiction. Your country sees herself as a socialist state, yet the influence of Western, capitalist-oriented economics in the universities seems to be pervasive. Here in the United States, many people put great stock in what the economists have to say. Part of this authority comes from academic credentials; part comes from economists' ability to talk in pseudo-scientific terms. Yet, this style of economics has left a trail of failures for decades, culminating in the present economic crisis. In my book, The Confiscation of American Prosperity: From Right-Wing Extremism and Academic Economics to the next Great Depression, which came out just as the stock market peaked in 2007, I predicted that terrible consequences were sure to follow policies that academic economists were promoting. Fortunately, a Chinese translation is in the works. More at: http://michaelperelman.wordpress.com/2010/12/18/lecture-for-a-chinese-delegation/ -- Michael Perelman Economics Department California State University Chico, CA 95929 mperel...@csuchico.edu 530 898 5321 fax 530 898 5901 http://michaelperelman.wordpress.com Send list submissions to: Marxism@lists.econ.utah.edu Set your options at: http://lists.econ.utah.edu/mailman/options/marxism/archive%40mail-archive.com
Re: [Marxism] What Assange allegedly did in bed
== Rule #1: YOU MUST clip all extraneous text when replying to a message. == It is probably scarier the way that they have tightened the web around him, cutting off access to the Net and to funding. -- Michael Perelman Economics Department California State University Chico, CA 95929 530 898 5321 fax 530 898 5901 http://michaelperelman.wordpress.com Send list submissions to: Marxism@lists.econ.utah.edu Set your options at: http://lists.econ.utah.edu/mailman/options/marxism/archive%40mail-archive.com
Re: [Marxism] Inequality on the Diamond
== Rule #1: YOU MUST clip all extraneous text when replying to a message. == A guy I play basketball with -- I have not seen him for a while -- played AAA ball for the Yankees until Jeter replaced him. After that his career fizzled. -- Michael Perelman Economics Department California State University Chico, CA 95929 530 898 5321 fax 530 898 5901 http://michaelperelman.wordpress.com Send list submissions to: Marxism@lists.econ.utah.edu Set your options at: http://lists.econ.utah.edu/mailman/options/marxism/archive%40mail-archive.com
Re: [Marxism] Goodbye and good riddance to Fiji water?
that the company's owners will be on the hunt for new sources of water to exploit for profit, and according to Lenzer, that could be in New Zealand. As long as consumers continue to buy bottled water and give in to marketing gimmicks from boutique brands bottled in faraway places, there will always be companies hoping to cash in on our folly and there will likely be local populations getting the short end of the stick. Tara Lohan is a senior editor at AlterNet. You can follow her on Twitter @TaraLohan. Send list submissions to: Marxism@lists.econ.utah.edu Set your options at: http://lists.econ.utah.edu/mailman/options/marxism/michael.perelman3%40gmail.com -- Michael Perelman Economics Department California State University Chico, CA 95929 530 898 5321 fax 530 898 5901 http://michaelperelman.wordpress.com Send list submissions to: Marxism@lists.econ.utah.edu Set your options at: http://lists.econ.utah.edu/mailman/options/marxism/archive%40mail-archive.com
[Marxism] A Thanksgiving of Austerity: A Modest Rant
== Rule #1: YOU MUST clip all extraneous text when replying to a message. == My vent about the atrocious state of the world today. http://www.youtube.com/user/mperelman2000?feature=mhsn -- Michael Perelman Economics Department California State University Chico, CA 95929 mperel...@csuchico.edu 530 898 5321 fax 530 898 5901 http://michaelperelman.wordpress.com Send list submissions to: Marxism@lists.econ.utah.edu Set your options at: http://lists.econ.utah.edu/mailman/options/marxism/archive%40mail-archive.com
[Marxism] The invisible handcuffs is about to appear
== Rule #1: YOU MUST clip all extraneous text when replying to a message. == Amazon has a pre-order price of $12.78. http://www.amazon.com/Invisible-Handcuffs-Capitalism-Tyranny-Stunting/dp/158367229X/ref=sr_1_1?ie=UTF8s=booksqid=1290455058sr=8-1 -- Michael Perelman Economics Department California State University Chico, CA 95929 mperel...@csuchico.edu 530 898 5321 fax 530 898 5901 http://michaelperelman.wordpress.com Send list submissions to: Marxism@lists.econ.utah.edu Set your options at: http://lists.econ.utah.edu/mailman/options/marxism/archive%40mail-archive.com
Re: [Marxism] China extends development success abroad,
== Rule #1: YOU MUST clip all extraneous text when replying to a message. == Some studies indicate large carbon footprints from large dams, which trap large amounts of organic matter, which then decompose giving off methane. On Mon, Nov 22, 2010 at 11:47 AM, DW dwalters...@gmail.com wrote: The article is prone to exageration. For example, it describes a new 200MW dam as a behemoth. ??? This is *small* by any standards. It's about 2% the size of the really behemoth 3 Gorges Dam (20,000 MWs) and a spate of other plus-6000 MW dams that exist in China or are being planned or under construction right now. Despite the very real envirornmental damage and human dislocation these dams cause, they do on fact mean far less carbon emissions. The several hundred million tons of coal *not* burned is a signficant benefit to society. I know, however, that it causes it's own huge social dislocation when dams this big are built not to mention flooding of valuable farm land and a host of other problems. But one can be assured that every MW of power produced by hydro power is not one produced by burning coal. -- Michael Perelman Economics Department California State University Chico, CA 95929 530 898 5321 fax 530 898 5901 http://michaelperelman.wordpress.com Send list submissions to: Marxism@lists.econ.utah.edu Set your options at: http://lists.econ.utah.edu/mailman/options/marxism/archive%40mail-archive.com
[Marxism] Fwd: The invisible handcuffs is about to appear
== Rule #1: YOU MUST clip all extraneous text when replying to a message. == Amazon has a pre-order price of $12.78. http://www.amazon.com/Invisible-Handcuffs-Capitalism-Tyranny-Stunting/dp/158367229X/ref=sr_1_1?ie=UTF8s=booksqid=1290455058sr=8-1 -- Michael Perelman Economics Department California State University Chico, CA 95929 mperel...@csuchico.edu 530 898 5321 fax 530 898 5901 http://michaelperelman.wordpress.com Send list submissions to: Marxism@lists.econ.utah.edu Set your options at: http://lists.econ.utah.edu/mailman/options/marxism/archive%40mail-archive.com
Re: [Marxism] Sweden Issues Arrest Warrant for WikiLeaks' Assange
== Rule #1: YOU MUST clip all extraneous text when replying to a message. == Would it not make sense for the US to plant female volunteers? -- Michael Perelman Economics Department California State University Chico, CA 95929 530 898 5321 fax 530 898 5901 http://michaelperelman.wordpress.com Send list submissions to: Marxism@lists.econ.utah.edu Set your options at: http://lists.econ.utah.edu/mailman/options/marxism/archive%40mail-archive.com
Re: [Marxism] Constant Capital and the Crisis in Contemporary Capitalism: Echoes from the Late Nineteenth Century
== Rule #1: YOU MUST clip all extraneous text when replying to a message. == On 11/12/10, Serhiy Kutnii mnkuts...@gmail.com wrote: So the explanatory scheme for the current crisis that one can deduce from this some other papers looks like this: 1. The economy started in post-war period with high profit rates in industry which led to an industrial investment boom. 2. The boom led to overinvestment in productive sectors which created excess capacity. These developments led to fall in the industrial profit rates rapid growth of finance. Glen's point 2.5, that much of the investment came from other countries, is correct. In fact, U.S. capital let its plant and equipment age without much replacement and modernization. 3. Then, when the industrial profit rates became lower than financial ones the situation turned into its opposite - underinvestment in production with everyone trying to invest in finance. ok 4. However the financial system is essentially a system of pipes that connects different sectors of economy so the finance capital must be invested elsewhere. That's why financial system resorted to speculation consumer loans, especially mortgages thus creating bubbles. The pipe metaphor suggests that finance is supportivee of production. In part it may be, but it is mostly parasitic. The role of financial capital during this period was to strip away production processes that did not meet its very high expected rate of profit. Also, much of nonfinancial business got involved in finance. 5. The bubbles burst and the current crisis emerged. I would say that the bubbles burst and the existing crisis became apparent. So the most interesting question that arises is whether such a mechanism can be considered a driving force behind the Kondratiev long waves. Kondratieff only mentioned a periodic regularity without any explantion. I was suggesting a pattern of behavior. I would think that this has more in common with Marx, with a touch of Minksy. -- Michael Perelman Economics Department California State University Chico, CA 95929 530 898 5321 fax 530 898 5901 http://michaelperelman.wordpress.com Send list submissions to: Marxism@lists.econ.utah.edu Set your options at: http://lists.econ.utah.edu/mailman/options/marxism/archive%40mail-archive.com
Re: [Marxism] Open networks advocate: I am not a Communist
== Rule #1: YOU MUST clip all extraneous text when replying to a message. == Johnson's biography of Joseph Priestley is very interesting. -- Michael Perelman Economics Department California State University Chico, CA 95929 530 898 5321 fax 530 898 5901 http://michaelperelman.wordpress.com Send list submissions to: Marxism@lists.econ.utah.edu Set your options at: http://lists.econ.utah.edu/mailman/options/marxism/archive%40mail-archive.com
[Marxism] Comments on my paper Constant Capital and the Crisis in Contemporary Capitalism
== Rule #1: YOU MUST clip all extraneous text when replying to a message. == I wanted to thank all of you who commented on my paper on the list and off list. So far, all of them that I have seen have been very useful. -- Michael Perelman Economics Department California State University michael dot perelman at gmail.com Chico, CA 95929 530-898-5321 fax 530-898-5901 www.michaelperelman.wordpress.com Send list submissions to: Marxism@lists.econ.utah.edu Set your options at: http://lists.econ.utah.edu/mailman/options/marxism/archive%40mail-archive.com
[Marxism] Constant Capital and the Crisis in Contemporary Capitalism: Echoes from the Late Nineteenth Century
== Rule #1: YOU MUST clip all extraneous text when replying to a message. == Constant Capital and the Crisis in Contemporary Capitalism: Echoes from the Late Nineteenth Century looks at the current crisis in light of how economists showed a superior understanding of the way the economy worked during the late nineteenth century. http://users.ntua.gr/jea/tua/journl/jea_volume1_issue1_pp34_41.pdf Comments would be very much appreciated. -- Michael Perelman Economics Department California State University Chico, CA 95929 530 898 5321 fax 530 898 5901 http://michaelperelman.wordpress.com Send list submissions to: Marxism@lists.econ.utah.edu Set your options at: http://lists.econ.utah.edu/mailman/options/marxism/archive%40mail-archive.com
[Marxism] An Open Letter to the President
== Rule #1: YOU MUST clip all extraneous text when replying to a message. == This letter was sent to the President, who failed to heed the warning, which turned out to be correct. You have made yourself the Trustee for those in every country who seek to mend the evils of our condition by reasoned experiment within the framework of the existing social system. If you fail, rational change will be gravely prejudiced throughout the world, leaving orthodoxy and revolution to fight it out. But if you succeed, new and bolder methods will be tried everywhere, and we may date the first chapter of a new economic era from your accession to office. I wish I had the foresight to have written this letter, but it was sent to the new president in 1933. The author was John Maynard Keynes. Although the letter is old, it is absolutely on target in predicting, If you fail, rational change will be gravely prejudiced throughout the world. Wake up Obama before you do more damage by imagining that cooperation with the Right rather than leadership is the way forward. http://newdeal.feri.org/misc/keynes2.htm By the way, in 1938 Keynes also warned the president that because of the 1937 austerity, the present slump could have been predicted with absolute certainty. http://delong.typepad.com/egregious_moderation/2008/12/john-maynard-ke.html -- Michael Perelman Economics Department California State University Chico, CA 95929 530 898 5321 fax 530 898 5901 http://michaelperelman.wordpress.com Send list submissions to: Marxism@lists.econ.utah.edu Set your options at: http://lists.econ.utah.edu/mailman/options/marxism/archive%40mail-archive.com
Re: [Marxism] per capita educational monies
== Rule #1: YOU MUST clip all extraneous text when replying to a message. == Imagine a world in which Kozol would have Duncan's job. On Mon, Nov 1, 2010 at 8:31 PM, Charlie charles1...@sbcglobal.net wrote: For a start, put this into a search engine: jonathan kozol school funding -- Michael Perelman Economics Department California State University Chico, CA 95929 530 898 5321 fax 530 898 5901 http://michaelperelman.wordpress.com Send list submissions to: Marxism@lists.econ.utah.edu Set your options at: http://lists.econ.utah.edu/mailman/options/marxism/archive%40mail-archive.com
Re: [Marxism] Turning the Financial Question On Its Head--Is There An Answer Here?
== Rule #1: YOU MUST clip all extraneous text when replying to a message. == Goodwyn wrote an excellent book: Goodwyn, Lawrence. 1976. Democratic Promise: The Populist Moment in America (Oxford University Press). The first wave of populists, before they were captured by the money cranks, did question the distribution of wealth. I leave it to Mark Lause to elaborate since he knows far more than I do. -- Michael Perelman Economics Department California State University Chico, CA 95929 530 898 5321 fax 530 898 5901 http://michaelperelman.wordpress.com Send list submissions to: Marxism@lists.econ.utah.edu Set your options at: http://lists.econ.utah.edu/mailman/options/marxism/archive%40mail-archive.com
[Marxism] Why Capitalism Cannot be Tamed
== Rule #1: YOU MUST clip all extraneous text when replying to a message. == A little more than a year ago, I posted a note using football as a metaphor for the futility of effective regulation. http://michaelperelman.wordpress.com/2009/09/13/the-futility-of-financial-regulation-lessons-from-science-and-professional-football/ Some people dismissed the football metaphor. The Wall Street Journal today has a story about how people design new psychotropic drugs to get around regulation. It may be that these new drugs are more dangerous than banned drugs. In all likelihood, they can design these drugs faster than the government can make regulations. How in the world can regulators get ahead of financial industry or tax lawyers, even if the lobbyists were not writing the regulations or the tax codes. Whalen, Jeanne. 2010. In Quest for 'Legal High,' Chemists Outfox Law. Wall Street Journal (30 October). http://online.wsj.com/article/SB10001424052748704763904575550200845267526.html?mod=WSJ_World_LeadStory -- Michael Perelman Economics Department California State University Chico, CA 95929 530 898 5321 fax 530 898 5901 http://michaelperelman.wordpress.com Send list submissions to: Marxism@lists.econ.utah.edu Set your options at: http://lists.econ.utah.edu/mailman/options/marxism/archive%40mail-archive.com
[Marxism] The url's for my videos
== Rule #1: YOU MUST clip all extraneous text when replying to a message. == A friend asked if I would collect the urls for my videos. Here they are, beginning with the most recent. http://www.youtube.com/watch?v=8PsurH6pxQg http://www.youtube.com/watch?v=6h9xpmM14BU http://www.youtube.com/watch?v=3w6hRP6oiYE http://www.youtube.com/watch?v=h8blnkRNq2A http://www.youtube.com/watch?v=2hNt_qc-RvM http://www.ustream.tv/recorded/8702391 -- Michael Perelman Economics Department California State University Chico, CA 95929 530 898 5321 fax 530 898 5901 http://michaelperelman.wordpress.com Send list submissions to: Marxism@lists.econ.utah.edu Set your options at: http://lists.econ.utah.edu/mailman/options/marxism/archive%40mail-archive.com
[Marxism] The Ironies of the Commodity: My New Video
== Rule #1: YOU MUST clip all extraneous text when replying to a message. == I just posted a new video regarding the ironies of the commodity, taking up from the respective analysis of Marx and Smith and the behavior of business. http://www.youtube.com/watch?v=8PsurH6pxQg -- Michael Perelman Economics Department California State University Chico, CA 95929 530 898 5321 fax 530 898 5901 http://michaelperelman.wordpress.com Send list submissions to: Marxism@lists.econ.utah.edu Set your options at: http://lists.econ.utah.edu/mailman/options/marxism/archive%40mail-archive.com
[Marxism] Privatized Education Ripoff in the Homeless Shelters
== Rule #1: YOU MUST clip all extraneous text when replying to a message. == Golden, Daniel. 2010. The Homeless at College. Bloomberg Business Week (30 April). Here is how the article begins: Benson Rollins wants a college degree. The unemployed high school dropout who attends Alcoholics Anonymous and has been homeless for 10 months is being courted by the University of Phoenix. Two of its recruiters got themselves invited to a Cleveland shelter last October and pitched the advantages of going to the country's largest for-profit college to 70 destitute men. Their visit spurred the 23-year-old Rollins to fill out an online form expressing interest. Phoenix salespeople then barraged him with phone calls and e-mails, urging a tour of its Cleveland campus. If higher education is important to you for professional growth, and to achieve your academic goals, why wait any longer? Classes start soon and space is limited, one Phoenix employee e-mailed him on Apr. 15. I'll be happy to walk you through the entire application process. Rollins' experience is increasingly common. The boom in for-profit education, driven by a political consensus that all Americans need more than a high school diploma, has intensified efforts to recruit the homeless. Such disadvantaged students are desirable because they qualify for federal grants and loans, which are largely responsible for the prosperity of for-profit colleges. Federal aid to students at for-profit colleges jumped from $4.6 billion in 2000 to $26.5 billion in 2009. Publicly traded higher education companies derive three-fourths of their revenue from federal funds, with Phoenix at 86%, up from just 48% in 2001 and approaching the 90% limit set by federal law. It gets worse: Read More at: Golden, Daniel. 2010. The Homeless at College. Bloomberg Business Week (30 April). http://www.businessweek.com/magazine/content/10_19/b4177064219731.htm?chan=magazine+channel_features -- Michael Perelman Economics Department California State University Chico, CA 95929 530 898 5321 fax 530 898 5901 http://michaelperelman.wordpress.com Send list submissions to: Marxism@lists.econ.utah.edu Set your options at: http://lists.econ.utah.edu/mailman/options/marxism/archive%40mail-archive.com
Re: [Marxism] [Pen-l] Privatized Education Ripoff in the Homeless Shelters
== Rule #1: YOU MUST clip all extraneous text when replying to a message. == You are correct that AA is not a factor. I know from family experience, but the point is that they did not give a hoot about his chances for success. On Sat, Oct 23, 2010 at 8:59 PM, Joseph Catron jncat...@gmail.com wrote: In all fairness, him being in AA is hardly a factor. Some of the more highly-accomplished people I've known have been on the wagon. -- Michael Perelman Economics Department California State University Chico, CA 95929 530 898 5321 fax 530 898 5901 http://michaelperelman.wordpress.com Send list submissions to: Marxism@lists.econ.utah.edu Set your options at: http://lists.econ.utah.edu/mailman/options/marxism/archive%40mail-archive.com
[Marxism] Privatized Education Fraud: Stripping to Pay Tuition
== Rule #1: YOU MUST clip all extraneous text when replying to a message. == Bloomberg Businessweek has done a good job of tracking the scandal of privatized colleges. I will post another piece in which the magazine describes these colleges peddling education in homeless shelters, knowing that the Feds will cover the inevitable defaults. Hechinger, John. 2010. What's This Degree Worth? Bloomberg Businessweek (9 August): pp. 66-69. http://www.businessweek.com/magazine/content/10_33/b4191066612953.htm?chan=magazine+channel_features Carrianne Howard dreamed of designing video games, so she enrolled in a program at the Art Institute of Fort Lauderdale, a for-profit college part-owned by Goldman Sachs. Her bachelor's degree in game art and design cost $70,000 in tuition and fees. After she graduated in December 2007, she found a job that paid $12 an hour recruiting employees for video game companies. She lost that job a year later when her department was shuttered. These days, Howard, 26, makes her living in a way that doesn't require a college diploma: by stripping at the Lido Cabaret, a topless club in Cocoa Beach, Fla. I didn't know what else to do, she says. I've got a worthless degree. It's like I didn't attend school at all. More at: http://michaelperelman.wordpress.com/2010/10/18/privatized-education-fraud-stripping-to-pay-tuition/ -- Michael Perelman Economics Department California State University Chico, CA 95929 530 898 5321 fax 530 898 5901 http://michaelperelman.wordpress.com Send list submissions to: Marxism@lists.econ.utah.edu Set your options at: http://lists.econ.utah.edu/mailman/options/marxism/archive%40mail-archive.com
[Marxism] Overview of Economic Crises
== Rule #1: YOU MUST clip all extraneous text when replying to a message. == I just uploaded another YouTube talk on the overview of economic crises. http://www.youtube.com/watch?v=6h9xpmM14BU -- Michael Perelman Economics Department California State University Chico, CA 95929 530 898 5321 fax 530 898 5901 http://michaelperelman.wordpress.com Send list submissions to: Marxism@lists.econ.utah.edu Set your options at: http://lists.econ.utah.edu/mailman/options/marxism/archive%40mail-archive.com
Re: [Marxism] Marxism Digest, Vol 84, Issue 30
== Rule #1: YOU MUST clip all extraneous text when replying to a message. == Baran and Sweezy are correct. Such policies can alleviate a crisis, but not eliminate the contradictions. On Mon, Oct 11, 2010 at 10:33 PM, Leonardo Kosloff holmof...@hotmail.com wrote: I'm not saying that the policies didn't have any positive effects, but that even if they had attained this recovery...what kind of recovery would that have been?If I recall correctly, it is in Monopoly Capital where Baran and Sweezy argue, I think (, at least that's where I seem to remember it from), that the problems affecting the foundations of the economy would haveremained, the tendency to stagnation would still be there. This isn't my view though. I think the recovery, had it been attained through New Deal policies, which it temporarily could have, (though I repeat, I'm not knowledgeable enough) wouldn't have restored profitability sufficiently enough so as to avoid this destruction of capital indefinitely. Andrew Kliman, for example, looks at it along similar lines: http://sites.google.com/site/radicalperspectivesonthecrisis/finance-crisis/on-the-origins-of-the-crisis-beyond-finance/kliman%E2%80%9Cthedestructionofcapital%E2%80%9DandthecurrenteconomiccrisisThanks for the response, and sorry for the typos. -- Michael Perelman Economics Department California State University Chico, CA 95929 530 898 5321 fax 530 898 5901 http://michaelperelman.wordpress.com Send list submissions to: Marxism@lists.econ.utah.edu Set your options at: http://lists.econ.utah.edu/mailman/options/marxism/archive%40mail-archive.com
Re: [Marxism] Analytical Biography Updated
== Rule #1: YOU MUST clip all extraneous text when replying to a message. == On Mon, Oct 11, 2010 at 8:04 PM, Leonardo Kosloff holmof...@hotmail.com wrote: Hi Prof. Perelman, First of all, I don't think we use titles here. (by the way, you don't have any relation to Grigori Perelman?, he's one of the latest's winner of the Fields medalists -the biggest prize in math-, but he rejected it http://en.wikipedia.org/wiki/Grigori_Perelman), I don't know if we are related, but his behavior suggests that we might be. Anyway, as I was reading I found this remark: The economy would eventually recover from the crises, but these downturns could be long-lasting unless something else intervened, such as World War II. The competitive pressures brought on by the economic crises encouraged replacement investment and the search for improved techniques, which eventually helped to make the economy stronger. This process created enormous human costs, especially because recovery could many years. From what I've read on the 30's, mostly from Marxists, that seems to be the case. Yet, last week I found a new article by Anwar Shaikh, he says that What Shaikh says is true. The New Deal was having a positive effect on the economy, but in 1937, the budget cutters pulled the rug out from the New Deal the economy fell back down again until WW II. I should have been more clear in what you cited. Policies can shorten the recovery time, but in the absence of such policies, a crisis can take decades to recover. -- Michael Perelman Economics Department California State University Chico, CA 95929 530 898 5321 fax 530 898 5901 http://michaelperelman.wordpress.com Send list submissions to: Marxism@lists.econ.utah.edu Set your options at: http://lists.econ.utah.edu/mailman/options/marxism/archive%40mail-archive.com
Re: [Marxism] US Often Weighed North Korea `Nuke Option'
== Rule #1: YOU MUST clip all extraneous text when replying to a message. == My mother's cousin was friends with John Eisenhower. With this connection, he was part of a study group mulling over nuking the North. He said that the plan was rejected because the prevaling winds would have moved much of the radiation onto US troops. I recall the conversation because it was so surprising to me at the time. Not so, now. -- Michael Perelman Economics Department California State University Chico, CA 95929 530 898 5321 fax 530 898 5901 http://michaelperelman.wordpress.com Send list submissions to: Marxism@lists.econ.utah.edu Set your options at: http://lists.econ.utah.edu/mailman/options/marxism/archive%40mail-archive.com
Re: [Marxism] Jihadist ecology
== Rule #1: YOU MUST clip all extraneous text when replying to a message. == At least the faux Bin Laden tipped his hat toward Chomsky. On Oct 10, 2010, at 8:45 AM, Louis Proyect wrote: http://www.nytimes.com/2010/01/30/world/middleeast/30binladen.html Having failed pathetically to put out any Osama Bin Laden videos that were not laughable frauds, the Osama Bin Laden industry for a long time now has been putting out only audiotapes whenever it chooses to discredit some idea or person or to bolster some new nonsensical scare propaganda. -- Michael Perelman Economics Department California State University Chico, CA 95929 530 898 5321 fax 530 898 5901 http://michaelperelman.wordpress.com Send list submissions to: Marxism@lists.econ.utah.edu Set your options at: http://lists.econ.utah.edu/mailman/options/marxism/archive%40mail-archive.com
[Marxism] Analytical Biography Updated
== Rule #1: YOU MUST clip all extraneous text when replying to a message. == Many of you told me that I should reedit this. See if you like this better. http://michaelperelman.wordpress.com/an-ideological-biography/ -- Michael Perelman Economics Department California State University Chico, CA 95929 530 898 5321 fax 530 898 5901 http://michaelperelman.wordpress.com Send list submissions to: Marxism@lists.econ.utah.edu Set your options at: http://lists.econ.utah.edu/mailman/options/marxism/archive%40mail-archive.com
[Marxism] Economics, Ethics and the Good Life
== Rule #1: YOU MUST clip all extraneous text when replying to a message. == I just gave this lecture regarding the decoding of economics. The subject matter was different from any other I have given. I describe how the subject mutated with the changing needs of the ruling classes. The audience included the public at large, students of economics, philosophy, and other subject. The first couple sentences were directed at the way that I was introduced. http://www.archive.org/details/EconomicsEthicsAndTheGoodLife_690 -- Michael Perelman Economics Department California State University Chico, CA 95929 530 898 5321 fax 530 898 5901 http://michaelperelman.wordpress.com Send list submissions to: Marxism@lists.econ.utah.edu Set your options at: http://lists.econ.utah.edu/mailman/options/marxism/archive%40mail-archive.com
[Marxism] Photos of me in my Native Habitat
== Rule #1: YOU MUST clip all extraneous text when replying to a message. == A documentary film maker came to interview me. Afterwards, she came to watch me play basketball with the students. She was not allowed to film anything with any other people, so she took some pictures of me afterward. http://michaelperelman.wordpress.com/2010/10/06/photo-of-me-in-my-native-habitat/ -- Michael Perelman Economics Department California State University Chico, CA 95929 530 898 5321 fax 530 898 5901 http://michaelperelman.wordpress.com Send list submissions to: Marxism@lists.econ.utah.edu Set your options at: http://lists.econ.utah.edu/mailman/options/marxism/archive%40mail-archive.com
[Marxism] Finance Capital vs. a Productive Economy
== Rule #1: YOU MUST clip all extraneous text when replying to a message. == To celebrate the closure of TARP, I just posted a video on finance capital versus a productive economy. Any comments will be appreciated. I apologize that did not feel very spontaneous in my presentation. http://www.youtube.com/watch?v=3w6hRP6oiYE -- Michael Perelman Economics Department California State University Chico, CA 95929 530 898 5321 fax 530 898 5901 http://michaelperelman.wordpress.com Send list submissions to: Marxism@lists.econ.utah.edu Set your options at: http://lists.econ.utah.edu/mailman/options/marxism/archive%40mail-archive.com
Re: [Marxism] Marx on ground rent (was: Thanks)
== Rule #1: YOU MUST clip all extraneous text when replying to a message. == I was never able to make sense of Marx's theory of rent, although his insights in the course of writing are fascinating. With respect to the quoted material below, I suspect that Marx is under the influence of Liebig, whom he respected as a great scientist,who was emphasizing the treatment of the land with fertilizers -- some of which he was marketing his own fertilizers. Artesian wrote: In Vol 3 Marx attacks Lavergne''s arugment. that Leguminous plants...give back to the soil more than they take from it... hence it is a matter of principle that they should at least alternate with such [grain] crops; in this consists the Norfolk rotation. Marx calls Lavergne's statement a belief in these fairy tales of the English rural mind. Well the Norfolk 4 course rotation was no fairy tale. The ability of clover [and beans] to fix more atmospheric nitrogen in the soil than required for their cultivation is no fairy tale and in fact constitutes one of the main components of the revolution in English agriculture, particularly in the 2nd half of the 18th century. -- Michael Perelman Economics Department California State University Chico, CA 95929 530 898 5321 fax 530 898 5901 http://michaelperelman.wordpress.com Send list submissions to: Marxism@lists.econ.utah.edu Set your options at: http://lists.econ.utah.edu/mailman/options/marxism/archive%40mail-archive.com
Re: [Marxism] Marx on ground rent (was: Thanks)
== Rule #1: YOU MUST clip all extraneous text when replying to a message. == Marx paid no real attention to agriculture and resources until the Civil War in the US cut off cotton supplies and had a devastating effect on Engels' and thus Marx's circumstances. Marx has two stories of agricultural development. One is the impoverishment of the soil; the other is the industrialization of agriculture. As Sartesian says, Marx shows how agriculture becomes increasingly capital intensive. Rice farmers nearby use virtually no labor -- even planting their crop with airplanes. -- Michael Perelman Economics Department California State University Chico, CA 95929 530 898 5321 fax 530 898 5901 http://michaelperelman.wordpress.com Send list submissions to: Marxism@lists.econ.utah.edu Set your options at: http://lists.econ.utah.edu/mailman/options/marxism/archive%40mail-archive.com
[Marxism] one more thought about agriculture
== Rule #1: YOU MUST clip all extraneous text when replying to a message. == Take a look at Marx on agriculture. Take a look at his examples of the organic composition of capital. Notice how often he mentions cotton as the example of capital. -- Michael Perelman Economics Department California State University Chico, CA 95929 530 898 5321 fax 530 898 5901 http://michaelperelman.wordpress.com Send list submissions to: Marxism@lists.econ.utah.edu Set your options at: http://lists.econ.utah.edu/mailman/options/marxism/archive%40mail-archive.com
[Marxism] The Wonders of Private Equity
== Rule #1: YOU MUST clip all extraneous text when replying to a message. == No Comment Necessary. Creswell, Julie and Peter Lattman. 2010. Private Equity Thrives Again, but Dark Shadows Loom. New York Times (29 September) Dealbook Special Section: p. 1. http://dealbook.blogs.nytimes.com/2010/09/29/private-equity-thrives-again-but-dark-shadows-loom/?ref=business This summer, executives from the New York-based private equity firm *SK Capital* traveled to Houston to celebrate the first anniversary of their acquisition of a nylon manufacturing business. Soon they will have a bigger reason to uncork the Champagne. The nylon manufacturer has announced plans to issue about $1 billion in debt, of which $922 million will be used to pay a dividend to SK. For SK, which paid $50 million in cash for the business, that is an astonishing almost 18-fold return in a little more than a year. -- Michael Perelman Economics Department California State University Chico, CA 95929 530 898 5321 fax 530 898 5901 http://michaelperelman.wordpress.com Send list submissions to: Marxism@lists.econ.utah.edu Set your options at: http://lists.econ.utah.edu/mailman/options/marxism/archive%40mail-archive.com
[Marxism] My Analytical Biography
== Rule #1: YOU MUST clip all extraneous text when replying to a message. == I just posted an analytical biography, putting my life and work work in context http://michaelperelman.wordpress.com/an-ideological-biography/ -- Michael Perelman Economics Department California State University Chico, CA 95929 530 898 5321 fax 530 898 5901 http://michaelperelman.wordpress.com Send list submissions to: Marxism@lists.econ.utah.edu Set your options at: http://lists.econ.utah.edu/mailman/options/marxism/archive%40mail-archive.com
[Marxism] Noam Comes to Chico
== Rule #1: YOU MUST clip all extraneous text when replying to a message. == One of my most interesting experiences in Chico was the opportunity to shepherd Noam Chomsky around. We exploited him not stop. He gave 3 consecutive 1 1/2 hour lectures on foreign affairs, journalism, and politics, besides meeting with students and faculty for meals, and attending a late night reception. The next morning he was telling me what he read afterwords. I just learned that he has published his own short recollection. more at: http://michaelperelman.wordpress.com/2010/09/26/noam-comes-to-chico/ -- Michael Perelman Economics Department California State University Chico, CA 95929 530 898 5321 fax 530 898 5901 http://michaelperelman.wordpress.com Send list submissions to: Marxism@lists.econ.utah.edu Set your options at: http://lists.econ.utah.edu/mailman/options/marxism/archive%40mail-archive.com
[Marxism] The Vietnamese model
== Rule #1: YOU MUST clip all extraneous text when replying to a message. == What exactly is it? How does it differ from China, except for the disadvantages from which it started? -- Michael Perelman Economics Department California State University Chico, CA 95929 530 898 5321 fax 530 898 5901 http://michaelperelman.wordpress.com Send list submissions to: Marxism@lists.econ.utah.edu Set your options at: http://lists.econ.utah.edu/mailman/options/marxism/archive%40mail-archive.com
[Marxism] The Vietnamese model
== Rule #1: YOU MUST clip all extraneous text when replying to a message. == What exactly is it? How does it differ from China, except for the disadvantages from which it started? -- Michael Perelman Economics Department California State University Chico, CA 95929 530 898 5321 fax 530 898 5901 http://michaelperelman.wordpress.com Send list submissions to: Marxism@lists.econ.utah.edu Set your options at: http://lists.econ.utah.edu/mailman/options/marxism/archive%40mail-archive.com
[Marxism] Insightful Note from my Palestinian Student
== Rule #1: YOU MUST clip all extraneous text when replying to a message. == One of the joys of teaching is interacting with remarkable young people. I have an outstanding Palestinian student, who just returned from his country. He sent me this note about an incident that reflected the subtle changes over and above the more obvious hardships and degradation associated with occupation. It was at about 12:30pm during a busy day in Ramallah when I accompanied a father’s friend in a trip to the Islamic Palestinian Bank. Sounds of horns are buzzing everywhere under a glazing sun. Standing fifteen or twenty feet away from the ATM machine, a reversing Peugeot slammed a relatively new vehicle parked behind it, causing considerable damage. The seemingly careless driver hurried to escape the scene under great pressure from the traffic he interrupted for moments. I was frustrated. I felt angry, and I felt lonely. Where is common courtesy? Where is integrity and honesty? Two years have passed since I have set foot in these lands, when did this change come about? My sense of helplessness made me more anxious, and I was growing more furious than earlier. A minute or two later, the driver of the victim vehicle arrived and sat behind the wheel without noticing his car’s front. He was perhaps fifty or fifty five years old. Short, and completely bald if it wasn’t for the few trickles of white hair that surround the bottom back of his head. With a sense of righteousness, I rushed to the car and knuckled on his window. Before the electric-powered glass finished sliding down, I reported to him that a white Peugeot slammed his car and immediately escaped. He leaned a few inches to my side as if to give me a secret, flashed a gentle yet pompous smile, and then said: “The Land is gone, and you’re talking about a car?” Before uttering the last words of his sentence, the car was already moving. I was more humbled than ever. -- Michael Perelman Economics Department California State University Chico, CA 95929 530 898 5321 fax 530 898 5901 http://michaelperelman.wordpress.com Send list submissions to: Marxism@lists.econ.utah.edu Set your options at: http://lists.econ.utah.edu/mailman/options/marxism/archive%40mail-archive.com
Re: [Marxism] query on wallerstein / science / colonialism
== Rule #1: YOU MUST clip all extraneous text when replying to a message. == Another good book is Brockway, Lucille. 1979. Science and colonial expansion: The role of the British royal botanic gardens. New York: Academic Press. Michael Perelman Send list submissions to: Marxism@lists.econ.utah.edu Set your options at: http://lists.econ.utah.edu/mailman/options/marxism/archive%40mail-archive.com
[Marxism] Any Experts on the German Economy Out There?
== Rule #1: YOU MUST clip all extraneous text when replying to a message. == The Wall Street Journal has two articles about German. One describes how German wages are stagnating, despite the expansion. Here is the first articles: Thomas, Andrea. 2010. German Workers' Wages Belie Country's Rebound. Wall Street Journal (15 August).http://online.wsj.com/article/SB10001424052748704296704575431240767523752.html?mod=WSJ_World_MIDDLENews Germany has surprised the world with a sharp acceleration in its economic recovery, but perhaps the least impressed by this feat are Germans themselves. The German economy expanded a sharp 2.2% in the second quarter from the first -- the fastest pace since reunification in 1990. But, despite the export-driven rebound, most German workers aren't getting any richer. Chancellor Angela Merkel's government has hailed Germany's job miracle after whittling the jobless rate down to 7.6% of the work force, compared with unemployment levels of about 10% in the U.S. and France. But the bulk of that reduction has come from the emergence of part-time jobs, often at low pay. That helps explain why German domestic demand has remained sluggish even as German exporters boast booming foreign orders. The disparity has drawn accusations from Germany's neighbors, notably France, that it is exploiting the world recovery without contributing to global demand. More at: http://michaelperelman.wordpress.com/2010/08/28/any-experts-on-the-german-economy-out-there/ -- Michael Perelman Economics Department California State University Chico, CA 95929 530 898 5321 fax 530 898 5901 http://michaelperelman.wordpress.com Send list submissions to: Marxism@lists.econ.utah.edu Set your options at: http://lists.econ.utah.edu/mailman/options/marxism/archive%40mail-archive.com
[Marxism] My fourth streaming video on the crisis
== Rule #1: YOU MUST clip all extraneous text when replying to a message. == I tried to tie things together here The url is: http://www.youtube.com/watch?v=h8blnkRNq2A -- Michael Perelman Economics Department California State University Chico, CA 95929 530 898 5321 fax 530 898 5901 http://michaelperelman.wordpress.com Send list submissions to: Marxism@lists.econ.utah.edu Set your options at: http://lists.econ.utah.edu/mailman/options/marxism/archive%40mail-archive.com
Re: [Marxism] WikiLeaks Founder Accused of Rape in Sweden, Calls it Dirty Trick
== Rule #1: YOU MUST clip all extraneous text when replying to a message. == The accusations have been withdrawn. -- Michael Perelman Economics Department California State University Chico, CA 95929 Tel. 530-898-5321 E-Mail michael at ecst.csuchico.edu michaelperelman.wordpress.com Send list submissions to: Marxism@lists.econ.utah.edu Set your options at: http://lists.econ.utah.edu/mailman/options/marxism/archive%40mail-archive.com
[Marxism] Subprime Education Scam: Guaranteed by Government
== Rule #1: YOU MUST clip all extraneous text when replying to a message. == At a time when the country is getting ready to gut Social Security, Pensions, …. Here is the way our government husbands its resources. Winkler, Rolfe. 2010. For-Profit Schools Put in Detention. Wall Street Journal (21 August). http://online.wsj.com/article/SB10001424052748703579804575441591409292762.html?mod=WSJ_Markets_section_Heard#articleTabs%3Darticle Early death reports are known to be exaggerated. For-profit educators' may be an example. With Congress and regulators threatening to cut off federal funding, share prices for the industry's top six by market capitalization have dropped by an average of 40% since May. From 2000 to 2009, the industry grew explosively, thanks to increased government spending and Bush-era deregulation permitting aggressive sales tactics. Taxpayer-guaranteed loans and grants flowing to the industry more than quintupled during those years, to $26.5 billion from $4.6 billion. Earning risk-free profits on taxpayer-guaranteed loans tends to lead to lower lending standards. Such is the case with firms like Apollo Group, ITT Educational Services and Career Education. They often market to low-income prospects -- eligible for the most aid -- and sell them high-priced degrees, maximizing government largess. Here is the URL for the GAO study: http://www.gao.gov/products/GAO-10-948T more at: http://michaelperelman.wordpress.com/2010/08/21/subprime-education-scam-guaranteed-by-government/ -- Michael Perelman Economics Department California State University Chico, CA 95929 530 898 5321 fax 530 898 5901 http://michaelperelman.wordpress.com Send list submissions to: Marxism@lists.econ.utah.edu Set your options at: http://lists.econ.utah.edu/mailman/options/marxism/archive%40mail-archive.com
[Marxism] My New Video Stream Now on Youtube
== Rule #1: YOU MUST clip all extraneous text when replying to a message. == Sorry about the confusion. I redid the talk on Youtube, which got a bit rushed as I neared my 15 minute limit. http://www.youtube.com/watch?v=2hNt_qc-RvM -- Michael Perelman Economics Department California State University Chico, CA 95929 530 898 5321 fax 530 898 5901 http://michaelperelman.wordpress.com Send list submissions to: Marxism@lists.econ.utah.edu Set your options at: http://lists.econ.utah.edu/mailman/options/marxism/archive%40mail-archive.com
[Marxism] Here is the url for my latest video stream
== Rule #1: YOU MUST clip all extraneous text when replying to a message. == http://www.ustream.tv/recorded/9009602 -- Michael Perelman Economics Department California State University Chico, CA 95929 530 898 5321 fax 530 898 5901 http://michaelperelman.wordpress.com Send list submissions to: Marxism@lists.econ.utah.edu Set your options at: http://lists.econ.utah.edu/mailman/options/marxism/archive%40mail-archive.com
[Marxism] Screwing Bondholders: Ending Bondage
== Rule #1: YOU MUST clip all extraneous text when replying to a message. == The biased legal system lets bondholders make extortionate demands against workers, poor countries, …. President-elect Clinton learned how bond markets can even intimidate the government from exercising reasonable policies. So, with a bit of schadenfreude, I am glad to learn that Blackstone has the right to screw bondolders. Why should Blackstone have more rights than ordinary people? Why can’t we organize to put some limits on the untrammeled power of financial markets, including that of Blackstone? More at: http://michaelperelman.wordpress.com/2010/08/17/screwing-bondholders-ending-bondage/ -- Michael Perelman Economics Department California State University Chico, CA 95929 530 898 5321 fax 530 898 5901 http://michaelperelman.wordpress.com Send list submissions to: Marxism@lists.econ.utah.edu Set your options at: http://lists.econ.utah.edu/mailman/options/marxism/archive%40mail-archive.com
[Marxism] Here is the URL for my Second Talk
== Rule #1: YOU MUST clip all extraneous text when replying to a message. == http://www.ustream.tv/recorded/8850114 Here I move from investment and technical change to macroeconomic conditions and the run-up to the crisis. -- Michael Perelman Economics Department California State University Chico, CA 95929 530 898 5321 fax 530 898 5901 http://michaelperelman.wordpress.com Send list submissions to: Marxism@lists.econ.utah.edu Set your options at: http://lists.econ.utah.edu/mailman/options/marxism/archive%40mail-archive.com
[Marxism] The Corporate Scandal of Higher Education
== Rule #1: YOU MUST clip all extraneous text when replying to a message. == I have been meaning for some time to offer a series of posts about the plague that is devastating education, even though education is supposed to fuel economic growth. I was stirred to stop procrastinating by a note in yesterday's Wall Street Journal, which reported that the Washington Post's Kaplan education division, which accounts for more than 60% of total revenue, increased 15% to $747.3 million. The bulk of Kaplan's revenue comes from the higher-education unit, consisting of a group of for-profit colleges that primarily offer certificate, associate's and bachelor's degrees. I am going to start out with a shocking piece from the New York Times, which describes the enormous salaries given to presidents of elite universities to serve on corporate boards. Administrative salaries alone should be enough to create an outrage now that money for teaching is drying up. These presidents might be expected to offer a patina of respectability for the corporations. Even more, presidents, who want to keep their lucrative board positions, will be careful not to offend corporate America. Others who want to have comparable money thrown at them will be equally careful. Here is the article: more at http://michaelperelman.wordpress.com/2010/08/09/the-corporate-scandal-of-higher-education/ -- Michael Perelman Economics Department California State University Chico, CA 95929 530 898 5321 fax 530 898 5901 http://michaelperelman.wordpress.com Send list submissions to: Marxism@lists.econ.utah.edu Set your options at: http://lists.econ.utah.edu/mailman/options/marxism/archive%40mail-archive.com
[Marxism] My Second Streaming Video, Tuesday, 6 PM Pacific Standard Time
== Rule #1: YOU MUST clip all extraneous text when replying to a message. == I am planning on doing a second streaming video. I want to briefly answer a few questions raised about the first talk. Then I will take up where I left off and discuss the question of capital replacement, which I believe to be a key element of the current crisis. go to: http://www.ustream.tv/channel/unsettling-economics -- Michael Perelman Economics Department California State University Chico, CA 95929 530 898 5321 fax 530 898 5901 http://michaelperelman.wordpress.com Send list submissions to: Marxism@lists.econ.utah.edu Set your options at: http://lists.econ.utah.edu/mailman/options/marxism/archive%40mail-archive.com
[Marxism] If anyone watched my video tonight, I would appreciate your comments
== Rule #1: YOU MUST clip all extraneous text when replying to a message. == http://www.ustream.tv/channel/unsettling-economics -- Michael Perelman Economics Department California State University Chico, CA 95929 530 898 5321 fax 530 898 5901 http://michaelperelman.wordpress.com Send list submissions to: Marxism@lists.econ.utah.edu Set your options at: http://lists.econ.utah.edu/mailman/options/marxism/archive%40mail-archive.com
[Marxism] Bernanke Says Rising Wages Will Lift Spending
== Rule #1: YOU MUST clip all extraneous text when replying to a message. == The New York Times Headline Says It all. This beats Greenspan some of Greenspan's worst predictions. http://www.nytimes.com/2010/08/03/business/economy/03fed.html?scp=2sq=bernankest=cse -- Michael Perelman Economics Department California State University Chico, CA 95929 530 898 5321 fax 530 898 5901 http://michaelperelman.wordpress.com Send list submissions to: Marxism@lists.econ.utah.edu Set your options at: http://lists.econ.utah.edu/mailman/options/marxism/archive%40mail-archive.com
[Marxism] Cobol Is My Hero -- A Reverse Luddism
== Rule #1: YOU MUST clip all extraneous text when replying to a message. == The Sacramento Bee reported that some people in California are wearing T-shirts bearing the cryptic words, Cobol Is My Hero. People outside of California might not be aware that our governor, Arnold Schwarzenegger, attempted to have state workers paid the minimum wage until the Legislature presents him with acceptable budget. Since the budget cannot be passed without a two thirds majority and the Republicans, who are unanimously committed to holding firm on their pledge to not raise taxes, have enough votes to veto any budget that does not suit them. Already, in previous years, the Democrats have capitulated and agreed to horrendous cuts to education and, even worse, any program that threatened to give any help whatsoever to the poor. The Democrats went one step further, agreeing to additional tax cuts, which can only make the budget worse. The state comptroller, John Chiang, refused to comply with the governor's demands, explaining that revamping the state computer system to change the wage structure in a short period of time would be impossible. To do so would be especially difficult because the system is programmed in an obsolete language, Cobol. Cobol was last in the news in the run-up to the Y2K panic. Companies need to upgrade their computer systems, but lacked people trained in obsolete computer languages. In desperation, they turned to Indian companies, which was instrumental in accelerating the growth of outsourcing computer work to India. More at: http://michaelperelman.wordpress.com/2010/08/01/cobol-is-my-hero-a-reverse-luddism/ -- Michael Perelman Economics Department California State University michael at ecst.csuchico.edu Chico, CA 95929 530-898-5321 fax 530-898-5901 www.michaelperelman.wordpress.com Send list submissions to: Marxism@lists.econ.utah.edu Set your options at: http://lists.econ.utah.edu/mailman/options/marxism/archive%40mail-archive.com
[Marxism] Streaming Economics Tuesday 6:00
== Rule #1: YOU MUST clip all extraneous text when replying to a message. == You can watch it streaming or, I hope, afterwards it should be available at http://www.ustream.tv/channel/unsettling-economics I hope you might find this a useful approach to economics, first using capital investment, and then production in general, as the focal point. I have never tried anything like this before. No guarantees. -- Michael Perelman Economics Department California State University Chico, CA 95929 530 898 5321 fax 530 898 5901 http://michaelperelman.wordpress.com Send list submissions to: Marxism@lists.econ.utah.edu Set your options at: http://lists.econ.utah.edu/mailman/options/marxism/archive%40mail-archive.com
[Marxism] Sorry, I wrote Democrats instead of Republicans
== Rule #1: YOU MUST clip all extraneous text when replying to a message. == I meant that the Greens were supposed to lobby the Republicans. -- Michael Perelman Economics Department California State University Chico, CA 95929 530 898 5321 fax 530 898 5901 http://michaelperelman.wordpress.com Send list submissions to: Marxism@lists.econ.utah.edu Set your options at: http://lists.econ.utah.edu/mailman/options/marxism/archive%40mail-archive.com
[Marxism] Comments on Charles Davenant
== Rule #1: YOU MUST clip all extraneous text when replying to a message. == Although Davenant seemed to have avoided the legal problems that hounded the other three economists, he seemed to have the same ruthless drive to improve his position in life. As a young man working for Brydges, the war profiteer: ## 309-10: Davenant urged a correspondent at Lisbon to undertake the delicate mission of informing the Paymaster of the English Forcein Portugal (Morrice) that the Paymaster General of the Forces Abroad (Brydges) was accustomed to receive presents from all foreign princes subsidized by England; that the Portuguese court had been negligent therein; that Morrice should with all prudence and secrecy try to induce the Portuguese ministers to atone for their previous neglect and make their gifts retrospective; and that Morrice's success would result in greater activity, on Brydges' part, in soliciting for Morrice's own incidents. [Davies and Schofield 1941, pp. 309-10] John Macky offers another glimpse at Davenant. Macky was a famous Scottish spy, whose network famously informed William III of the planned invasion by the deposed king, James II. Macky's son later published his father's short sketches of acquaintances, which pictured Davenant as a very cloudy-looked Man, fat, of middle Stature, about fifty Years old (Macky 1733, p. 133). Macky accused Davenant of conspiring with Lord Peterborough to take advantage of the Fenwick Affair. John Fenwick was arrested for plotting an uprising against the King. According to Macky, Peterborough promised to prevent Fenwick's execution if he would implicate Peterborough's rivals, the Duke of Shrewsberry, and the Lord Oxford. Davenant assisted Peterborough publishing a book, Memoir of Secret Service (1699), under the name of Matthew Smith (Macky 1733, p. 65). Jonathan Swift annotated his copy of Macky's book with a note on Davenant: He ruined his estate, which put him under a necessity to comply with the times. A short biographical sketch describes Davenant as being involved in highly suspicious dealings with French agents (Waddell 1958, pp. 281-82). The author, who wrote his doctoral dissertation on Davenant, probably studied him more than anybody in history. Davenant also frequently changed positions in order to ingratiate himself with the government's positions at the time. Regardless of Davenant's questionable character or even the absence of any major contribution to economic theory, Davenant still merits our attention. To begin with, in his capacity as a government official Davenant was an important figure in modernizing the system of tax collection. In this role, Davenant was not merely concerned about raising money for the state; he was also attempting to create a database. more at: http://michaelperelman.wordpress.com/2010/07/19/comments-on-charles-davenant/ -- Michael Perelman Economics Department California State University michael at ecst.csuchico.edu Chico, CA 95929 530-898-5321 fax 530-898-5901 www.michaelperelman.wordpress.com Send list submissions to: Marxism@lists.econ.utah.edu Set your options at: http://lists.econ.utah.edu/mailman/options/marxism/archive%40mail-archive.com
[Marxism] My Family's Fight Against Terrorism
== Rule #1: YOU MUST clip all extraneous text when replying to a message. == My second cousin, Michael Perelman, whom I have never met, but who sounds like a nice person over the phone, has an antiterrorism business. I checked today's Washington Post site to see if there was a record of his work. However, today's Philadelphia Inquirer does describe the other Michael Perelman's work without taking it seriously. http://www.philly.com/inquirer/local/20100719_Daniel_Rubin__Keeping_Pennsylvanians_safe__or_unwarranted_domestic_spying_.html -- Michael Perelman Economics Department California State University Chico, CA 95929 530 898 5321 fax 530 898 5901 http://michaelperelman.wordpress.com Send list submissions to: Marxism@lists.econ.utah.edu Set your options at: http://lists.econ.utah.edu/mailman/options/marxism/archive%40mail-archive.com
Re: [Marxism] Schwarzenegger mobilizes National Guard to border
== Rule #1: YOU MUST clip all extraneous text when replying to a message. == How will California pay for this? Shooting medicare patients? -- Michael Perelman Economics Department California State University Chico, CA 95929 Tel. 530-898-5321 E-Mail michael at ecst.csuchico.edu michaelperelman.wordpress.com Send list submissions to: Marxism@lists.econ.utah.edu Set your options at: http://lists.econ.utah.edu/mailman/options/marxism/archive%40mail-archive.com
[Marxism] Seven Questions for the SEC regarding Goldman
== Rule #1: YOU MUST clip all extraneous text when replying to a message. == Today the Wall Street Journal has a very good article analyzing the Goldman victory over the SEC. The article is not yet gated, so I put the reference first. Scannell, Kara and Susanne Craig. 2010. SEC Split Over Goldman Deal. Wall Street Journal (17 July): p. A 1. http://online.wsj.com/article/SB10001424052748704229004575371601322076426.html?mod=WSJ_hpp_LEFTTopStoriesmg=com-wsj Question 1: Is Ms. Casey really asking if the agency caved? Probably not, but if so, that is interesting. Republican Commissioner Kathleen Casey questioned the SEC staff Thursday on their decision to abandon the strongest fraud charge and strike a settlement involving a lesser allegation, and given that, how the SEC could justify such a large penalty on a lesser charge. Question 2: Is Russell Ryan saying that the SEC did not have enough proof to charge Goldman with intentional fraud rather than giving incomplete information? After all, the fraud has been public knowledge for some time. Why did the SEC cave? Russell Ryan, a former SEC enforcement lawyer, said the negotiation to drop the strongest fraud charge is usually a strong indication the SEC had some doubt whether it could prove intentional fraud. Mr. Ryan, now a defense lawyer at King Spalding, said the SEC typically insists a defendant settle on the strongest allegation made in its complaints. Watering down the toughest charge, as in this case, is unusual. more at: http://michaelperelman.wordpress.com/2010/07/17/seven-questions-for-the-sec-regarding-goldman/ -- Michael Perelman Economics Department California State University Chico, CA 95929 530 898 5321 fax 530 898 5901 http://michaelperelman.wordpress.com Send list submissions to: Marxism@lists.econ.utah.edu Set your options at: http://lists.econ.utah.edu/mailman/options/marxism/archive%40mail-archive.com
[Marxism] Karl Rove, Truthseeker
== Rule #1: YOU MUST clip all extraneous text when replying to a message. == Even in my youth, I was not particularly interested in comic strips. It is not surprising that I usually don't find humor on the editorial page of the Wall Street Journal. Today is an exception. Karl Rove has a column saying that his visit biggest mistake in Washington was not refusing the nefarious claims that George Bush was lying to get the country involved in a war. After listening a number of libelous claims by various unpatriotic Democrats, he concludes with an irrefutable proof of the correctness of the administration's position: We know President Bush did not intentionally mislead the nation. Saddam Hussein was deposed and eventually hanged for his crimes. Iraq is a democracy and an ally instead of an enemy of America. Al Qaeda suffered tremendous blows in the land between the two rivers. In other words, Bush could not possibly have lied because the US won an unwinnable war. If only I could teach my students such logical clarity. -- Michael Perelman Economics Department California State University Chico, CA 95929 530 898 5321 fax 530 898 5901 http://michaelperelman.wordpress.com Send list submissions to: Marxism@lists.econ.utah.edu Set your options at: http://lists.econ.utah.edu/mailman/options/marxism/archive%40mail-archive.com
Re: [Marxism] Michael Perelman, International Econom ist Manquéy
== Rule #1: YOU MUST clip all extraneous text when replying to a message. == I suspect that the only reason he would want to show that to me would be to kiss it. On Mon, Jul 12, 2010 at 05:37:07PM -0400, Greg McDonald wrote: I know for a fact that George Schultz has a tattoo of a tiger on his buttocks. -- Michael Perelman Economics Department California State University Chico, CA 95929 Tel. 530-898-5321 E-Mail michael at ecst.csuchico.edu michaelperelman.wordpress.com Send list submissions to: Marxism@lists.econ.utah.edu Set your options at: http://lists.econ.utah.edu/mailman/options/marxism/archive%40mail-archive.com
Re: [Marxism] Inducing the Madness of Crowds
== Rule #1: YOU MUST clip all extraneous text when replying to a message. == You can read Kalecki's article at http://www.cfeps.org/ss2006/readings/Courvisanos_c.pdf -- Michael Perelman Economics Department California State University Chico, CA 95929 Tel. 530-898-5321 E-Mail michael at ecst.csuchico.edu michaelperelman.wordpress.com Send list submissions to: Marxism@lists.econ.utah.edu Set your options at: http://lists.econ.utah.edu/mailman/options/marxism/archive%40mail-archive.com
Re: [Marxism] Moderator's note
== Rule #1: YOU MUST clip all extraneous text when replying to a message. == Rubin had the reputation as having a good sense of humor. He didn't. Stew Alpert gave him his gags. -- Michael Perelman Economics Department California State University Chico, CA 95929 Tel. 530-898-5321 E-Mail michael at ecst.csuchico.edu michaelperelman.wordpress.com Send list submissions to: Marxism@lists.econ.utah.edu Set your options at: http://lists.econ.utah.edu/mailman/options/marxism/archive%40mail-archive.com
Re: [Marxism] Spectral analysis
== Rule #1: YOU MUST clip all extraneous text when replying to a message. == Schumpeter's cycle theory is very interesting. Economists had proposed several cyclical pattern, as Dan suggested. He then claimed that a combination of these cycles gave a fair description of the GDP over time. I doubt that the pattern he found would hold today, but it was an interesting excercise. Schumpeter had little knowledge of math. I wonder what grad student worked it out for him. -- Michael Perelman Economics Department California State University Chico, CA 95929 Tel. 530-898-5321 E-Mail michael at ecst.csuchico.edu michaelperelman.wordpress.com Send list submissions to: Marxism@lists.econ.utah.edu Set your options at: http://lists.econ.utah.edu/mailman/options/marxism/archive%40mail-archive.com
Re: [Marxism] Honda faces more labor resistance in China
== Rule #1: YOU MUST clip all extraneous text when replying to a message. == Carrol expressed exactly what I heard in China. On Wed, Jun 09, 2010 at 01:39:47PM -0500, Carrol Cox wrote: Thiis provides illustration of a claimmade by Moishe Postone that class struggle is an essential ingredient in the development of capitalism. I paid less attention to this part of Postone's argument and do not argue for it here, but the point is worth considering. China's home market, as has often been pointed out, is anemic, its industry mostly export- driven. But if this developmenbt of China's workers does continue, and grows, it will indeed force the development, willy-nilly what the Chincese government desires, of a home market and thus a stronger and more flourishng Chinese capitalism. The growth of capitalism in both England and the U.S. was subject to such labor turbulence. Carrol Send list submissions to: Marxism@lists.econ.utah.edu Set your options at: http://lists.econ.utah.edu/mailman/options/marxism/michael%40ecst.csuchico.edu -- Michael Perelman Economics Department California State University Chico, CA 95929 Tel. 530-898-5321 E-Mail michael at ecst.csuchico.edu michaelperelman.wordpress.com Send list submissions to: Marxism@lists.econ.utah.edu Set your options at: http://lists.econ.utah.edu/mailman/options/marxism/archive%40mail-archive.com
Re: [Marxism] Honda faces more labor resistance in China
== Rule #1: YOU MUST clip all extraneous text when replying to a message. == I don't pretend to be an expert on China -- only an interested observer. China faces a host of problems -- creating enough jobs, resources, an unresponsive party, Tibet . Yes, the ride of its life. On Wed, Jun 09, 2010 at 06:17:49PM -0400, S. Artesian wrote: I don't think the outlook is quite that rosy. The fight for higher wages, while it will have little impact on prices of production, will have an impact on the costs of production, on profits, which will drive the capitalism in China to move away from dependence, more or less, on absolute surplus value, and more towards relative surplus value-- from the formal to the real domination of capital, as some one back in the 19th century might have put it. If this is the end of the cheap labor phase of China's capitalist expansion, the next phase will require expulsion of labor from the production process, and a revolutionizing of agricultural production to increase free labor from the countryside, increasing a reserve army to moderate the ascent of wages in the industrial centers. I think China is in for the ride of its life. -- Michael Perelman Economics Department California State University Chico, CA 95929 Tel. 530-898-5321 E-Mail michael at ecst.csuchico.edu michaelperelman.wordpress.com Send list submissions to: Marxism@lists.econ.utah.edu Set your options at: http://lists.econ.utah.edu/mailman/options/marxism/archive%40mail-archive.com
[Marxism] I will be visiting New York
== Rule #1: YOU MUST clip all extraneous text when replying to a message. == I will be there on 29, 30 June and 1 July. I want to do some work in the libraries, but I will be free a lot and would like to get the opportunity to meet some of you. I won't have time to do much organizing of anything. I am swamped working through the copy edits on The Invisible Handcuffs and an article for the Journal of Economic Perspectives, both of which have deadlines. -- Michael Perelman Economics Department California State University Chico, CA 95929 530 898 5321 fax 530 898 5901 http://michaelperelman.wordpress.com Send list submissions to: Marxism@lists.econ.utah.edu Set your options at: http://lists.econ.utah.edu/mailman/options/marxism/archive%40mail-archive.com
[Marxism] Brief Notes from China
== Rule #1: YOU MUST clip all extraneous text when replying to a message. == We are getting ready to leave Shanghai. The timing of the trip was fascinating because China seems to be ready to move to a new stage of development. For example, just today I read that the government is instituting a 5% energy tax in the remote Xinjiang province. The response to the Honda strike and the string of suicides at the Foxconn factory were critical of management. Of course, the ownership of these plants was not Chinese; even so, the China Daily has pushing the line that it's time to leave the low-wage economy behind. China is also beginning to take more control over the strategic minerals, of which it has large share of the world's production. The taxes levied on real estate knocked the Shanghai stock market down quite a bit. The papers have also been taking a critical attitude towards the wanton demolition of neighborhoods to make way for expensive commercial projects. more at: http://michaelperelman.wordpress.com/2010/06/03/brief-notes-from-china/ -- Michael Perelman Economics Department California State University Chico, CA 95929 530 898 5321 fax 530 898 5901 http://michaelperelman.wordpress.com Send list submissions to: Marxism@lists.econ.utah.edu Set your options at: http://lists.econ.utah.edu/mailman/options/marxism/archive%40mail-archive.com
[Marxism] Manufacturing Discontent
== Rule #1: YOU MUST clip all extraneous text when replying to a message. == The World Association for Political Economy gave 8 awards for outstanding achievement in political economy in the 21st century. My book, Manufacturing Discontent, received one of them. Here is the brief note, which I wrote for the occasion: Manufacturing Discontent is a study of social relations, not Marx's social relations of production, but the social relations -- real or imagined -- of the people who live and work under the yoke of capitalism. In this sense, the book is meant as a modest supplement to Kapital, which was a deep analysis of the social relations of the extraction of surplus value from the working class. A longstanding project of capital is to shape virtually every aspect of people's lives in order to meet its needs. For example, as part of the management of the interaction of social relations inside and outside the workplace, spokesmen of capital tell workers that they should identify themselves as consumers instead of as workers. Rebellion against degrading and debilitating exploitation at the workplace is foolish; instead, intelligent workers should embrace their jobs, by identifying their work as a welcome opportunity to enjoy the benefits of consumption. In effect, the circuits of consumption and reproduction become harnessed to the social relations of production. These social relations also help to determine the quantity of surplus value. For example, one dimension of this process is the management of the burdens of risk. Today we are reminded that when crises break out, out the same workers are told that their wages, their consumption, or their pensions are problems that must be corrected. -- Michael Perelman Economics Department California State University Chico, CA 95929 530 898 5321 fax 530 898 5901 http://michaelperelman.wordpress.com Send list submissions to: Marxism@lists.econ.utah.edu Set your options at: http://lists.econ.utah.edu/mailman/options/marxism/archive%40mail-archive.com
Re: [Marxism] FoxConn workers in China
== Rule #1: YOU MUST clip all extraneous text when replying to a message. == I am near Shanghai. The Chinese press is critical of Foxconn -- part of a strategy to shift from a dependence on low wage sweatshops. -- Michael Perelman Economics Department California State University Chico, CA 95929 Tel. 530-898-5321 E-Mail michael at ecst.csuchico.edu michaelperelman.wordpress.com Send list submissions to: Marxism@lists.econ.utah.edu Set your options at: http://lists.econ.utah.edu/mailman/options/marxism/archive%40mail-archive.com
Re: [Marxism] Musings of an Obama appointee
== Rule #1: YOU MUST clip all extraneous text when replying to a message. == Are these people part of the JASON group? That would explain it. -- Michael Perelman Economics Department California State University Chico, CA 95929 Tel. 530-898-5321 E-Mail michael at ecst.csuchico.edu michaelperelman.wordpress.com Send list submissions to: Marxism@lists.econ.utah.edu Set your options at: http://lists.econ.utah.edu/mailman/options/marxism/archive%40mail-archive.com
[Marxism] Neoliberal Neoconservatism at War with the Troops
== Rule #1: YOU MUST clip all extraneous text when replying to a message. == For all the talk about support the troops, hypocrisy is the order of the day. Neoconservatives applaud new wars, while neoliberals want to do it inexpensively, so long as the cuts don't harm the bottom line of their favorite military contractors. The easiest way to do that is to shortchange the soldiers. I apologize for the length, but the punchline comes toward the end of this possibly excessively-long note. Just as right-wing politicians go to great lengths to protect fetuses, only later to trash them if they have the gall to be born to poor families, the government acts with similar hypocrisy toward former troops who have become veterans. Recent scandals have shined a harsh light upon poor treatment of former soldiers. As a result, the military created so-called Warrior Transition Units, which turned out to perhaps be even worse, including a number of suicides. More at: http://michaelperelman.wordpress.com/2010/05/16/neoliberal-neoconservatism-at-war-with-the-troops/ -- Michael Perelman Economics Department California State University michael at ecst.csuchico.edu Chico, CA 95929 530-898-5321 fax 530-898-5901 www.michaelperelman.wordpress.com Send list submissions to: Marxism@lists.econ.utah.edu Set your options at: http://lists.econ.utah.edu/mailman/options/marxism/archive%40mail-archive.com
Re: [Marxism] Lenin's Imperialism, was: Question on the Far Right
== Rule #1: YOU MUST clip all extraneous text when replying to a message. == We had Emperor Norton in San Francisco. -- Michael Perelman Economics Department California State University Chico, CA 95929 Tel. 530-898-5321 E-Mail michael at ecst.csuchico.edu michaelperelman.wordpress.com Send list submissions to: Marxism@lists.econ.utah.edu Set your options at: http://lists.econ.utah.edu/mailman/options/marxism/archive%40mail-archive.com
Re: [Marxism] The United Farm Workers
== Rule #1: YOU MUST clip all extraneous text when replying to a message. == Sometimes great leaders become an impediment to future growth. All great leaders make mistakes, sometimes even great mistakes. I recall hearing a number of negative things about him in his later years. I do not for a minute doubt Michael's personal recollections. I did get to meet Earnesto Galarza, a sadly forgotten precessor of Chavez's. It is sad that he is mostly unrecognized. Galarza was, if I recall, a Ph.D. student in the Yale econ. department. He came out to study the farmworkers. They told him that he should organize them. He did so courageously. I think we all have to understand that Chavez's movement was able to give dignity to people whom society deemed undignified. He was able to electrify people, such as Michael. Many of these people went on to do important things that they might otherwise not have done. -- Michael Perelman Economics Department California State University Chico, CA 95929 Tel. 530-898-5321 E-Mail michael at ecst.csuchico.edu michaelperelman.wordpress.com Send list submissions to: Marxism@lists.econ.utah.edu Set your options at: http://lists.econ.utah.edu/mailman/options/marxism/archive%40mail-archive.com
Re: [Marxism] Arizona boycotting: let's get on with it
== Rule #1: YOU MUST clip all extraneous text when replying to a message. == I'm not sure that I would go along with Patrick's letter. I soon the request came because a progressive faculty member wanted support from some eminent figure. I'm not sure if I were a progressive faculty member in Arizona that I would be doing anyone a favor by resigning. Wouldn't it make more sense to support progressive forces in the state? Isn't it likely that the person's replacement would be someone who might support such racist legislation? At the same time, Patrick probably heard similar thoughts during the South African boycott. Of course, that country still has not enjoyed much benefit from the boycott's success. My main point is to draw out the thoughts of other people. -- Michael Perelman Economics Department California State University Chico, CA 95929 Tel. 530-898-5321 E-Mail michael at ecst.csuchico.edu michaelperelman.wordpress.com Send list submissions to: Marxism@lists.econ.utah.edu Set your options at: http://lists.econ.utah.edu/mailman/options/marxism/archive%40mail-archive.com
[Marxism] A Rant on Degrees of Violence
== Rule #1: YOU MUST clip all extraneous text when replying to a message. == We live in a violent society. When people become alienated they often do violent things. When the person is one of our own, the violence is seen as a matter of individual responsibility. A man -- Joe Stack -- becomes troubled because the financial problems and flies an airplane into an Internal Revenue Service building. The response seems to be that he is mentally unbalanced or expressing justifiable indignation in an unacceptable way. A young Pakistani immigrant suffers financial and family problems, turns to religion, and tries to explode a car bomb in crowded Times Square. The response focuses on the religious angle because his religion is not the dominant one in the country. What if he had used a drone instead? Obviously, most of the victims have been innocent. Of course, we have no knowledge that our own drone attacks predominately kill guilty parties? And then again, if the drone attack had been successfully pointed at Wall Street, it would have undoubtedly kill people whose destructive activities have resulted in many destroyed lives. Would that be justified? Our own young people who operate the drones might be seen as some as heroes. The analogy of Wall Street and the military may be unduly provocative. And yet, the banks resemble a victorious government demanding reparations from a defeated enemy -- in this case, the losers of the class war. Why should ordinary people have to pay for the destructive behavior of the rich and powerful? More at: http://michaelperelman.wordpress.com/2010/05/08/a-rant-on-degrees-of-violence-2/ -- Michael Perelman Economics Department California State University Chico, CA 95929 530 898 5321 fax 530 898 5901 http://michaelperelman.wordpress.com Send list submissions to: Marxism@lists.econ.utah.edu Set your options at: http://lists.econ.utah.edu/mailman/options/marxism/archive%40mail-archive.com
Re: [Marxism] A Rant on Degrees of Violence
== Rule #1: YOU MUST clip all extraneous text when replying to a message. == We have a flavor of the day for our favorite villians. Whatever happened to the unmarried black teenage mothers. Now all we have a illegal aliens and muslims. Maybe a yellow peril is on the horizon. On Sat, May 08, 2010 at 01:53:37PM -0400, Mark Lause wrote: I certainly agree. BS for internal consumption aside, the religion's irrelevant. -- Michael Perelman Economics Department California State University Chico, CA 95929 Tel. 530-898-5321 E-Mail michael at ecst.csuchico.edu michaelperelman.wordpress.com Send list submissions to: Marxism@lists.econ.utah.edu Set your options at: http://lists.econ.utah.edu/mailman/options/marxism/archive%40mail-archive.com
[Marxism] The $3 Trillion Dollar War -- Stiglitz Bilmes Were Too Modest
== Rule #1: YOU MUST clip all extraneous text when replying to a message. == One of the greatest uncounted US losses in our wars in Iraq and Afghanistan has been the mental damage to the young people who have been exposed to the violence and brutality of our war. The recent Wikileaks release of the young people killing Iraqis as if they were playing video games is a case in point. The number of suicides offers additional evidence. Maze, Rick. 2010. 18 Vets Kill Themselves Every Day. Army Times (23 April). http://www.puppetgov.com/2010/04/23/report-18-vets-kill-themselves-every-day/ more at: http://michaelperelman.wordpress.com/2010/04/29/the-3-trillion-dollar-war-stiglitz-bilmes-were-too-modest/ -- Michael Perelman Economics Department California State University Chico, CA 95929 530 898 5321 fax 530 898 5901 http://michaelperelman.wordpress.com Send list submissions to: Marxism@lists.econ.utah.edu Set your options at: http://lists.econ.utah.edu/mailman/options/marxism/archive%40mail-archive.com
Re: [Marxism] Greece
== Rule #1: YOU MUST clip all extraneous text when replying to a message. == So the long-haired German bankers do not want a haircut. Jaime Galbraith was about the visit the Greek President. He asked me what advice he might give. I replied with the aprocrphal story about Keynes saying that when you own someone $10,000 you have a problem. When you own $10,000,000 your creditor has a problem. On Mon, Apr 26, 2010 at 09:59:50PM -0400, S. Artesian wrote: == Rule #1: YOU MUST clip all extraneous text when replying to a message. == From today's Financial Times: Greece has been told to produce detailed proposals... to meet its budget deficit reduction plans in 2011 and 2012, in addition to the current year, before it can qualify for a combined rescue package from the International Monetary Fund and fellow eurozone members. ...Germany made it clear that a three-year programme must be agreed with the IMF, the European Central Bank, and the Euroopean Commission before the eu45 billion loans can be approved... Wolfgang Schauble, German finance minister, said that no decision had yet been taken on whether to go ahead with the eu30 billion eurozone loan package: It depends on whether Greece carries on with its strict savings measures in the years ahead. The Commission endorses Berlin's view that Greece must come up with a detailed programme for cutting the budget next year by a further 3 to 4 percentage points of gross domestic product. _ Got to hand it to Germany, brilliant fucking strategy, since Greece owes more to German banks than to any other country's banks...except France. This strategy is a big plus for the US Treasury and the interest it will have to pay on its 7 and 10 year notes. I would guess that a minimal demand in Greece might just be something like Cancel the Debt. Fuck the European Commission. Send list submissions to: Marxism@lists.econ.utah.edu Set your options at: http://lists.econ.utah.edu/mailman/options/marxism/michael%40ecst.csuchico.edu -- Michael Perelman Economics Department California State University Chico, CA 95929 Tel. 530-898-5321 E-Mail michael at ecst.csuchico.edu michaelperelman.wordpress.com Send list submissions to: Marxism@lists.econ.utah.edu Set your options at: http://lists.econ.utah.edu/mailman/options/marxism/archive%40mail-archive.com
Re: [Marxism] Remembering [Political Murders in Dixie]
== Rule #1: YOU MUST clip all extraneous text when replying to a message. == The best book on the King assination is William Pepper. An Act Of State: The Execution of Martin Luther King, 2003. -- Michael Perelman Economics Department California State University Chico, CA 95929 Tel. 530-898-5321 E-Mail michael at ecst.csuchico.edu michaelperelman.wordpress.com Send list submissions to: Marxism@lists.econ.utah.edu Set your options at: http://lists.econ.utah.edu/mailman/options/marxism/archive%40mail-archive.com
Re: [Marxism] What is the biggest flaw in the labor theory of value?
== Rule #1: YOU MUST clip all extraneous text when replying to a message. == If anyone is interested in learning about Marx, a good place to start is with Han's Ehrbar's annotated edition, which is on line. -- Michael Perelman Economics Department California State University Chico, CA 95929 Tel. 530-898-5321 E-Mail michael at ecst.csuchico.edu michaelperelman.wordpress.com Send list submissions to: Marxism@lists.econ.utah.edu Set your options at: http://lists.econ.utah.edu/mailman/options/marxism/archive%40mail-archive.com
[Marxism] New Frontiers of Corporate Synergy
== Rule #1: YOU MUST clip all extraneous text when replying to a message. == The buyout shops are purchasing hospitals, no doubt in a charitable effort to make health care more available. Cerberus Capital Management went one step further striking a deal to acquire Caritas Christi Health Care, a large Massachusetts hospital chain. To ensure that the hospital chain will have an opportunity to treat more people, Cerberus also owns Freedom Group Inc., one of the world’s largest makers of firearms and ammunition. Way to go, capitalism! -- Michael Perelman Economics Department California State University Chico, CA 95929 530 898 5321 fax 530 898 5901 http://michaelperelman.wordpress.com Send list submissions to: Marxism@lists.econ.utah.edu Set your options at: http://lists.econ.utah.edu/mailman/options/marxism/archive%40mail-archive.com
[Marxism] Constant Capital and the Crisis in Contemporary Capitalism
== Rule #1: YOU MUST clip all extraneous text when replying to a message. == Constant Capital and the Crisis in Contemporary Capitalism Echoes from the Late Nineteenth Century Introduction: Constant Capital and Crises An understanding of constant capital is an overlooked, but necessary component of crisis theory. This paper uses the experience of the 19th century U.S. economy illustrate the relationship between constant capital and economic crises. The rapid technological advances of the time led to a lethal combination for capital. Investment in constant capital suffered rapid devalorization, while growing productivity saturated markets, creating what was then known as The Great Depression. Constant Capital and Labor, Living and Dead Read complete paper http://michaelperelman.files.wordpress.com/2010/03/constan.pdf -- Michael Perelman Economics Department California State University Chico, CA 95929 530 898 5321 fax 530 898 5901 http://michaelperelman.wordpress.com Send list submissions to: Marxism@lists.econ.utah.edu Set your options at: http://lists.econ.utah.edu/mailman/options/marxism/archive%40mail-archive.com
[Marxism] Educational Chutzpah
== Rule #1: YOU MUST clip all extraneous text when replying to a message. == The Wall Street Journal, always on the lookout for good humor, outdid itself today with an essay by Chester E. Finn Jr., advocating keeping schools open on Saturday. The author acknowledges that strapped districts are shortening the school week to four days. Others are considering eliminating the 12th grade. Presumably, the idea would be for teachers to increase their days of work in return for reductions in salary. Sadly, the problem is a teachers' union, which is also responsible for the bad weather during the winter. In the words of the author, This issue brings out the teacher unions, too, demanding more pay for extra hours, hence fatter school-system budgets in a lean fiscal time. Little wonder that taxpayers are legitimately wary. And who says that the Wall Street Journal is now have a good sense of humor? Finn, Chester E. Jr. 2010. The Case for Saturday School. Wall Street Journal (20 March): p. W 1. -- Michael Perelman Economics Department California State University Chico, CA 95929 530 898 5321 fax 530 898 5901 http://michaelperelman.wordpress.com Send list submissions to: Marxism@lists.econ.utah.edu Set your options at: http://lists.econ.utah.edu/mailman/options/marxism/archive%40mail-archive.com
[Marxism] China's Economic Nationalism?
== Rule #1: YOU MUST clip all extraneous text when replying to a message. == Today's Wall Street Journal expresses shock that China is resorting to economic nationalism, which is supposed to be the exclusive right of the U.S. After all, China's economy seems to be performing better than the U.S. -- at least until a possible real estate bubble bursts. In addition, China does seem to be reining in its expansionary monetary policy, something the U.S. did not do as its bubble grew. Anyway, here are my extracts from the relevant articles: http://michaelperelman.wordpress.com/2010/03/18/chinas-economic-nationalism/ -- Michael Perelman Economics Department California State University Chico, CA 95929 530 898 5321 fax 530 898 5901 http://michaelperelman.wordpress.com Send list submissions to: Marxism@lists.econ.utah.edu Set your options at: http://lists.econ.utah.edu/mailman/options/marxism/archive%40mail-archive.com
[Marxism] Manufacturing Discontent
== Rule #1: YOU MUST clip all extraneous text when replying to a message. == I was asked to write something up about my book, Manufacturing Discontent. I thought that I would share it with you. Any comments would be be appreciated. I was asked to wrtie something up about my book, Manufacturing Discontent. I thought that I would share it with you. Any comments would be be appreciated. Of all my books, Manufacturing Discontent may seem to have the least links with Marxism. After I published The Invention of Capitalism: Classical Political Economy and the Secret History of Primitive Accumulation, some people argued that the subject was purely historical and had no contemporary relevance. Of course, the seizure of property continues throughout the world, even in the United States, where government can take property through the law of eminent domain and then turn it over to private interests. Read the entire commentary at: http://michaelperelman.wordpress.com/2010/03/17/manufacturing-discontent/ -- Michael Perelman Economics Department California State University Chico, CA 95929 530 898 5321 fax 530 898 5901 http://michaelperelman.wordpress.com Send list submissions to: Marxism@lists.econ.utah.edu Set your options at: http://lists.econ.utah.edu/mailman/options/marxism/archive%40mail-archive.com
[Marxism] The Art of Political Lying
== Rule #1: YOU MUST clip all extraneous text when replying to a message. == In 1712, John Arbuthnot, chiefly known as a satirist, considered second only to Jonathan Swift, was also the Queen Anne's doctor and a Fellow of the Royal Society, proposed the publication of a book with two volumes, titled, The Art of Political Lying. Sadly, the book never appeared although it would be more relevant than ever today. Arbuthnot praised, the noble and useful art of political lying, which in this last age having been enriched with several new discoveries (p. 8) Obviously, he did not have the Internet in mind, but perhaps something similar had recently happened in England. see more at http://michaelperelman.wordpress.com/2010/03/15/the-art-of-political-lying/ -- Michael Perelman Economics Department California State University Chico, CA 95929 530 898 5321 fax 530 898 5901 http://michaelperelman.wordpress.com Send list submissions to: Marxism@lists.econ.utah.edu Set your options at: http://lists.econ.utah.edu/mailman/options/marxism/archive%40mail-archive.com
[Marxism] Brief Thoughts about Chico's Education Protest
== Rule #1: YOU MUST clip all extraneous text when replying to a message. == I was thrilled to see the large outpouring of emotion from the demonstration protesting the evisceration of the University. I have not seen anything like this since the Vietnam protests of the early 70s. In Chico, before I came, people were so disgusted with the apathy about the war, that they carried out what may perhaps have been the world's only grovel-in. The organizers did an outstanding job of preparation and execution; they did so with considerable maturity. Still, I wished that they had a broader perspective. For example, I did not have any sense of a connection with the local community college or with K-12 education. In many ways, California is undergoing a self-induced (by a powerful minority) structural adjustment. The problem is not a matter of taking advantage of students and faculty. People are resisting the same forces in Iceland and Greece. Even worse, structural adjustment is only episodic in such advanced countries. In poorer nations, structural adjustment is the norm. More at: http://michaelperelman.wordpress.com/2010/03/11/brief-thoughts-about-chicos-education-protest/ -- Michael Perelman Economics Department California State University Chico, CA 95929 530 898 5321 fax 530 898 5901 http://michaelperelman.wordpress.com Send list submissions to: Marxism@lists.econ.utah.edu Set your options at: http://lists.econ.utah.edu/mailman/options/marxism/archive%40mail-archive.com
Re: [Marxism] Billionaires and Mega-Corporations Behind Immense Land Grab in Africa
== Rule #1: YOU MUST clip all extraneous text when replying to a message. == I once heard Mark Lappe, a brilliant guy, read 2 passages that showed the same thing regarding the same location in Africa: One was from Conrad's Heart of Darkness and the othr from Claude Levi-Strauss. -- Michael Perelman Economics Department California State University Chico, CA 95929 Tel. 530-898-5321 E-Mail michael at ecst.csuchico.edu michaelperelman.wordpress.com Send list submissions to: Marxism@lists.econ.utah.edu Set your options at: http://lists.econ.utah.edu/mailman/options/marxism/archive%40mail-archive.com
Re: [Marxism] Dismantling CUNY
== Rule #1: YOU MUST clip all extraneous text when replying to a message. == Bah. New York is only following California. We are number 1 in dismantling education on all levels. Welcome to the information economy. http://www.hnn.us/articles/123958.html -- Michael Perelman Economics Department California State University Chico, CA 95929 Tel. 530-898-5321 E-Mail michael at ecst.csuchico.edu michaelperelman.wordpress.com Send list submissions to: Marxism@lists.econ.utah.edu Set your options at: http://lists.econ.utah.edu/mailman/options/marxism/archive%40mail-archive.com
[Marxism] Clean Coal?
== Rule #1: YOU MUST clip all extraneous text when replying to a message. == A company now plans to run nuclear power plants off the radioactive residue of coal ash. Winning, David. 2009. Out of the Ashes: A Small Mining Company Has Big Plans to Sell the Uranium Left Over When Coal Is Burned. Wall Street Journal (22 February): Journal Report. Sparton Resources Inc., a small Toronto mining company, is betting that a global renaissance in nuclear power will create a market for an unlikely fuel source: waste coal ash. Natural coal contains trace amounts of uranium, and when it is burned to produce electricity, varying amounts of the radioactive element are left behind in the ash. Sparton has developed a method for recovering it and says a project under way at a coal-fired power station in southwestern China is yielding uranium that could be reused as a fuel for nuclear reactors. -- Michael Perelman Economics Department California State University Chico, CA 95929 530 898 5321 fax 530 898 5901 http://michaelperelman.wordpress.com Send list submissions to: Marxism@lists.econ.utah.edu Set your options at: http://lists.econ.utah.edu/mailman/options/marxism/archive%40mail-archive.com
[Marxism] The Ironies of Imperialism: Haiti vs. India
== Rule #1: YOU MUST clip all extraneous text when replying to a message. == I first criticized the Green Revolution in Perelman, Michael. 1971. Second Thoughts on the Green Revolution. The New Republic, v. 165 (17 July): pp. 21-22; and then in a book, Farming for Profit in a Hungry World. The Green Revolution was designed to promote capitalist development by changing class relationships in the countryside, making developing countries more dependent on imported inputs, while leaving the system susceptible to the environmental problems associated with intensive chemical agriculture. The Wall Street Journal published an article describing the falling yields in India from the over-application of nitrogen fertilizer. A second article describes the heroic efforts of an agricultural operation funded in part by the wonderful Paul Farmer. The articles offer a fascinating window into the contradictions of capitalist development, the unexplained damage done to Haiti by imperialism -- they do so without ever connecting the dots, but that is easy to do. Anand, Geeta. 2010. Green Revolution in India Wilts as Subsidies Backfire. Wall Street Journal (23 February): p. A 1. http://online.wsj.com/article/SB20001424052748703615904575052921612723844.html#mod=todays_us_page_one more at: http://michaelperelman.wordpress.com/2010/02/25/the-ironies-of-imperialism-haiti-vs-india/ -- Michael Perelman Economics Department California State University Chico, CA 95929 530 898 5321 fax 530 898 5901 http://michaelperelman.wordpress.com Send list submissions to: Marxism@lists.econ.utah.edu Set your options at: http://lists.econ.utah.edu/mailman/options/marxism/archive%40mail-archive.com
