Curtis offered much more than is here:
[deletions]
The book's fallacy lies in thinking that virtuous people will
grow up to become a virtuous society. On the contrary, as
Reinhold Niebuhr taught us, there is a "basic difference between
the morality of individuals and the morality of
Ajit continues his discussion with me on value thus:
-
In Marx a theory of prices is needed to insure the
reproduction of the system, which intails realization of
the surplus. Thus prices occupy different places and
significance in
In Trade, Development and Foreign Debt (London: Pluto Press, 1992) Michael
Hudson explains the polarization tendencies in the world economy, so
devastatingly demonstrated in Africa this decade:
"The preceding pages have established that economic obsolescence in less
developed countries is a
I agree that being a Marxist worth anything--i.e., a practical
revolutionary not just a Kathedersozialist--requires that we manifest
appropriate virtues, including justice, in our personal lives, and that
these virtues be broadly compatible with those of our comrades. Note that
"compatible"
On Tue, 16 May 1995, Jeff Oman wrote:
The sequence is as follows, more inequality reduces
incentives to save (or to accumulate human capital) to the less
favoured by the distribution. The amount of savings and human capital
that is lost is not compensated by the savings and human
Re Jim's most recent comments on this subject, I go back to the
bottom line: Jim asserts that some form of subsumption (formal,
real, or "macro") is necessary for the extraction of surplus value in
Jim's sense of the term. This is a very strong claim. Nobody,
certainly not Jim, has
From another list - Doug Henwood
Please feel free to scroll to mid section of this post where action
directives can be found. APA has developed a letter that can be used as
a format for your own letter, should you desire to forward one. There
are also other suggestions noted that might also
Can someone tell me how to get on the mailing list for the Center for Budget
and Policy Priorities and the Center for Tax Justice. I keep finding
references to the work, but it is usually several months after the release.
I would like to get it in a more timely fashion.
Thanks,
Doug Orr
[EMAIL
It is amazing how pieces of important info. slip away. Gingrich wants to
limit the maximum product liability award to $250,000. If I remember correctly,
when Lee Iaccoca wrote his memo deciding to continue to sell Pintos that he
knew would explode into flames in a collision, he used an estimate
This discussion may be a waste of time for others, but luckily it
isn't for me. (As he reminds me often, I can't speak for Gil.) It
allows me to add some important clarifying touches to a paper that
I'm finishing, one that tries to explain (rationally reconstruct)
the Marxian theory of
IN THESE TIMES -- APRIL 3,1995
MONEY ISN'T EVERYTHING
-- By Art Hilgart
How is it," Sir James Goldsmith asks, "that nearly
two hundred years after the birth of the Industrial
Revolution, which produced humanity's greatest
period of economic expansion, the absolute number
of those living in
MEXICAN DEBT LOOMING AS AN EXPLOSIVE PROBLEM
According to figures by Mexico's Treasury
Secretariat, as of March 31, 1995, debt service has
increased in a very significant way:
Total external public debt outstanding (3/31):
$87.5 bn dlls.
Total external debt service payments
I don't have an exact figure to give in answer to Doug Orr's question but
I do have a very interesting story to tell concerning exploding Pintos.
In the period 1978-79, I worked as an assembler at Ford Motor Company's
Metuchen (New Jersey) Assembly Plant where we built Ford Pintos and
Mercury
AFRICA REPORT, November-December 1994
DEBUNKING THE MYTH
BLAME FOR AFRICA'S CONTINUING ECONOMIC DECLINE, THE
AUTHORS ARGUE, CAN BE LAID AT THE DOOR OF THE WORLD
BANK, THE INTERNATIONAL MONETARY FUND, AND THE
WESTERN DONOR NATIONS THAT HAVE ENTHUSIASTICALLY
SUPPORTED THEIR STRUCTURAL ADJUSTMENT
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