WLSeems to me you do in fact get the distinction between productive capital
and speculative capital. A good Ponzi scheme is not back until it collapses.
Profits to be made from that side of the business constituting productive
capital has never been bad business.
I never said I didn't get such a
In a message dated 1/7/2009 12:28:16 A.M. Eastern Standard Time,
jann...@gmail.com writes:
I'm not sure I'm following your arguments. One, who here has said that
nothing has changed since Lenin?
WL: CB . . . repeatedly and directly . . . in his line of arguing the
existence of industrial
I guess one question here is why Ford, Chrysler and GM didn't
re-invest profits into accumulating their industrial capital. One, if
the goal was to reach a certain level of production to stay
competitive in the world (what is the benchmark now, 2 million
vehicles per year?), the most obvious
If only this guy would read Marx. No wait, that would just make him
another HCKL or something similar to that.
BTW, I noticed one of the more famous private equity groups, Carlyle
Group, is trying to put together big deals in overseas universities.
I guess they think 'American-quality' higher
Hello,
I found this list via Jim Farmelant's post on Marxmail. After reading
Waistline's arguments about the macro economic composition of capital and his
brave challenge that provokes us to provide evidence to the existence of the
SECTOR called industrial capital, eventually I decided to
CB: What are some of the specifics of that integration ?
First, a correction. I must have imagined any Piaget-Vygotsky
correspondence. Piaget only found out about Vygotsky's work after his
death, through contact
American capitalism is such that a speculative stock market dominates
the policies of businesses.
by Lawrence E Mitchell
AlterNet (December 22 2008)
Editor's Note: The following is an edited excerpt from The Speculation
Economy: How Finance Triumphed Over Industry (2007), Lawrence
How Finance Capital Cripples Industrial Capital: The Role of Fractional
Reserve Banking
http://www.cbpa.drake.edu/hossein-zadeh/papers/HowFinanceCapital.htm
[Published in Briefing Notes in Economics, Vol. 4, Issue No. 26
(January 1997).]
Huge amounts of debt have plagued the economies of
Jim Devine wrote:
but even FDR's Bonapartism was not very good in the early New Deal.
The NRA, for example. Needed was mass pressure from the left.
Lou Pro:
Sad but true. With the left so weak, there is even less incentive for Obama to
move boldly. If he has any motivation to create a kind of
On Jan 7, 2009, at 1:04 PM, Charles Brown wrote:
Brezhnev was to the left of...Krugman.
How many counterrevolutionary invasions did Krugman launch? How many
political opponents did he send to labor camps? How many did he
imprison in mental hospitals? Was Krugman a Stalinist?
Shane Mage
U have the
CeJ jannuzi at
I guess one question here is why Ford, Chrysler and GM didn't
re-invest profits into accumulating their industrial capital. One, if
the goal was to reach a certain level of production to stay
competitive in the world (what is the benchmark now, 2 million
vehicles per
Shane Mage
On Jan 7, 2009, at 1:04 PM, Charles Brown wrote:
Brezhnev was to the left of...Krugman.
How many counterrevolutionary invasions did Krugman launch? How many
political opponents did he send to labor camps? How many did he
imprison in mental hospitals? Was Krugman a
(Chart Redacted)
a.. JANUARY 3, 2009 Page A-1
http://online.wsj.com/article/SB123094144619950373.html
Manufacturing Tumbles Globally
By KELLY EVANS and ROBERT GUY MATTHEWS
Manufacturing activity around the world fell sharply in December, suggesting
that the U.S. recession will extend well
On Jan 7, 2009, at 2:02 PM, Charles Brown wrote:
Shane Mage
On Jan 7, 2009, at 1:04 PM, Charles Brown wrote:
Brezhnev was to the left of...Krugman.
How many counterrevolutionary invasions did Krugman launch? How many
political opponents did he send to labor camps? How many did he
imprison
Shane Mage shm...@pipeline.com 01/07/2009 2:26 PM
On Jan 7, 2009, at 2:02 PM, Charles Brown wrote:
Shane Mage
On Jan 7, 2009, at 1:04 PM, Charles Brown wrote:
Brezhnev was to the left of...Krugman.
How many counterrevolutionary invasions did Krugman launch? How many
political opponents
Unemployment systems crash as jobless numbers hit 26-year high
Archive - Daily Online
Author: John Wojcik
People's Weekly World Newspaper, 01/07/09 14:53
Jobless benefit filing systems all over the country are crashing this
week as an unprecedented wave of tens of thousands of
Another Crisis of Capitalism
By Wadi’h Halabi
click here for related stories: capitalism 11-24-08, 9:31 am
Unfolding globally today is another capitalist crisis of
overproduction and a corresponding crisis
In a message dated 1/7/2009 2:30:37 P.M. Eastern Standard Time,
farmela...@juno.com writes:
Forwarded from Mehmet Cagatay.
\
Reply
Thank you very much for this contribution.
You are quite correct in me taking categories of capital in their literal
sense. This literal interpretation is
Bush a Socialist? Don't Make Me Laugh
By Joel Wendland
click here for related stories: socialism 1-02-09, 10:14 am
The Republican Party is lashing out again. This time at itself. Several
media sources
Act Now! Imminent Vote on Fair Pay Legislation
From the National Organization for Women:
Two important bills, the Lilly Ledbetter Fair Pay Act (H.R. 11) and the
Paycheck Fairness Act (H.R. 12), will be among the House of Representatives'
first votes of the 111th Congress. Please take time now
On Jan 7, 2009, at 6:33 PM, waistli...@aol.com wrote:
I am one of those persons who once wore the mantel of Stalinism with
pride. However, this tells no one of who I am or my body of politics
or belief
system. I tend to avoid such sloganeering and throwing Stalinism or
Trotskyism at an
You seem not to notice that the individual at whom I threw the
brand Stalinist wasBrezhnev.
Hey call me a Stalinist if you want, I couldn't give a toss,
really--just don't call me a Krugmanite.
I think the point to be made here though is we need more than Krugman
to critique the evolution
And as the past 8 years (and before as well) have shown, MILITARISM
really hasn't left the 'equation' and in fact has grown even more
immense in its hold on the US. Of course we Marxists already knew
this, but here is the analysis showing up in American academia (albeit
from someone who is not
Revolution and the Role of New Ideas
The history of revolution shows that fundamental change in society does not
occur without the introduction of new ideas. What we have in our favor today,
over any other historical period, is that the conditions are favorable for
abolishing private
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