[PEN-L:2990] re Enived wave, et al

1999-02-06 Thread valis
Jim D, rebutting someone, in part: ... Day and Walter are more concerned with the much longer wave (300 years) theory of "la duree" due to Fernand Braudel,... This reminds me of the 3000 year Enived cycle, of which the Braudel cycle is but a small fraction. We are currently 500 years into

[PEN-L:2991] Re: Bounced from Anwar Shaikh

1999-02-06 Thread Gerald Levy
An intelligent discussion would begin by reading the references that Anwar Shaikh (NB: _not_ "Sheik") gives rather than spinning one's wheels in ignorance. Or is it too much to ask that one become familiar with a person's work before passing judgment on it? Jerry PS1: As this same person has

[PEN-L:2992] Anwar Shaikh

1999-02-06 Thread Louis Proyect
Levy wrote: An intelligent discussion would begin by reading the references that Anwar Shaikh (NB: _not_ "Sheik") gives rather than spinning one's wheels in ignorance. No, we were having an intelligent discussion, as evidenced by this offlist post I received. You are attempting to degrade it by

[PEN-L:2994] CREDIT CRUNCH post: a cleaned-up version

1999-02-06 Thread valis
The Financial Post February 5, 1999 CREDIT CRUNCH COULD CRUSH U.S. ECONOMY ___ Paying with plastic ___ 'Everybody is buying on credit. It's all going to crash' ___

[PEN-L:2995] Re: Re: Re: New Economists' Petition

1999-02-06 Thread Doug Henwood
Brad De Long wrote: But is that the alternative to debt reduction that we are faced with this year? Tax cuts for the rich are even less to my taste... So given a world in which politics is reduced to choose between tax cuts for the rich and debt paydowns, you embrace the lesser evil rather than

[PEN-L:2996] America and the world

1999-02-06 Thread Louis Proyect
[FTFebruary 6 1999 ] But will the runaway locomotive come off the rails? The American railroad engine is running at full power, but the old "locomotive" theory of global economic growth can scarcely work if the international carriages have become detached. Anyway, on its own and

[PEN-L:3003] Mandel mot du jour

1999-02-06 Thread Louis Proyect
Mandel was no "Tofflerite". He was a revolutionary socialist. All I am saying is that most of his substantial economic theory was geared to understanding the post-WWII expansion and putting it into some kind of perspective, so as to allow Marxist activists to swim against the stream. He was

[PEN-L:3004] Re: The trouble with long waves

1999-02-06 Thread Charles Brown
The mathematics of long waves of capitalism strikes me like the geometry of the stripes on a tiger's back. Very pretty, but what we need to know is a mathematics of the tiger's teeth, claws and vulnerable points. Charles Brown Louis Proyect [EMAIL PROTECTED] 02/06 12:14 PM The problem with

[PEN-L:3005] Re: Re: Race and possession

1999-02-06 Thread Ken Hanly
My understanding is that he thought that they were correlated with depressions. The causal factors were weather conditions associated with sunspots that affected agricultural production in a manner that produced depressions. Jevons was a solid logician and wrote a classic text on logic. He was

[PEN-L:3006] Re: selling Manhattan

1999-02-06 Thread Charles Brown
"Rosser Jr, John Barkley" [EMAIL PROTECTED] 02/05 5:48 PM Charles, I think that we need to be clear about exactly at what point there was a "taking" here, illegal, unethical, inappropriately capitalistic, insufficiently "meeting of th minds" or whatever. I would contend that it was

[PEN-L:3007] Re: Re: Bounced from Anwar Shaikh

1999-02-06 Thread Stephen E Philion
Yes Jery you are right, Doug Henwod is an evil exploiter of cheap, young laborers and Lou Proyet is a nefarious racist pig...Neither makes an even remotely valuable contribution to this list indeed. Steve On Sat, 6 Feb 1999, Gerald Levy wrote: An intelligent discussion would begin by

[PEN-L:3009] Re: Re: Long waves

1999-02-06 Thread Charles Brown
Thank you, Doug. The advice to workers would be "don't believe them if they say they don't have the money for big raises" perhaps ? But when you say "we'll see", it does not seem to me that that gives a lead to workers to seize agency, become self-determining. I would think something like, "

[PEN-L:3010] Re: Even Business Week

1999-02-06 Thread Brad De Long
Max Sawicky quoted: Business WeekEditorial February 15, 1999 A Better Use of Surpluses President Clinton will be remembered for many things, but in the economic arena, fiscal responsibility will top the list... It's certainly prudent for President Clinton to worry about the solvency of

[PEN-L:3016] Re: Re: Re: Race and possession

1999-02-06 Thread Jim Devine
Ken Hanly writes: Jevons was a solid logician and wrote a classic text on logic. He was not stupid or given to flights of fancy. Unfortunately, it's quite possible to be very logical and stupid at the same time, if you start with the wrong premises. Neoclassical economics is very logical, by

[PEN-L:3015] Re: Long waves

1999-02-06 Thread Tom Walker
Doug Henwood wrote, Whether times are good or bad, capitalists are useless and destructive. Not very dialectical of you, Doug. regards, Tom Walker

[PEN-L:3014] Re: Re: Re: Long waves

1999-02-06 Thread Doug Henwood
Charles Brown wrote: Thank you, Doug. The advice to workers would be "don't believe them if they say they don't have the money for big raises" perhaps ? Yes. But when you say "we'll see", it does not seem to me that that gives a lead to workers to seize agency, become self-determining. I would

[PEN-L:3013] [Fwd: SUPPORT STRIKING MEXICAN MINEWORKERS!]

1999-02-06 Thread Eugene Coyle
This is a multi-part message in MIME format. --7FFB8F8BED87C8442261559D --7FFB8F8BED87C8442261559D Return-Path: [EMAIL PROTECTED] Fri, 5 Feb 1999 10:56:12 -0800 (PST) Date: Fri, 5 Feb 1999 10:56:12 -0800 (PST) To: [EMAIL PROTECTED] From: Western Hemisphere

[PEN-L:3012] Re: re Enived wave, et al

1999-02-06 Thread Terrence Mc Donough
Date: Sat, 06 Feb 1999 04:21:00 -0600 (CST) From: valis [EMAIL PROTECTED] Subject: [PEN-L:2990] re Enived wave, et al To:[EMAIL PROTECTED] Reply-to: [EMAIL PROTECTED] Jim D, rebutting someone, in part: ... Day and Walter are more concerned with

[PEN-L:3011] The economic difference between Indian tribes and colonizers

1999-02-06 Thread Louis Proyect
(From "Primitive Communism and Its Transformations", by Eleanor Burke Leacock, Christine Ward Galley. This is an essay in Volume One of "Civilization in Crisis," edited by Christine Ward Galley. This and a companion volume are dedicated to the memory of the late Stanley Diamond, chair of the

[PEN-L:3008] Re: New Economists' Petition

1999-02-06 Thread Brad De Long
Brad De Long wrote: But is that the alternative to debt reduction that we are faced with this year? Tax cuts for the rich are even less to my taste... So given a world in which politics is reduced to choose between tax cuts for the rich and debt paydowns, you embrace the lesser evil rather than

[PEN-L:3002] Mandel mot du jour

1999-02-06 Thread valis
"Belief in the omnipotence of technology is the specific form of bourgeois ideology in late capitalism. This ideology proclaims the ability of the existing social order gradually to eliminate all chance of crises, to find a technical solution to all its contradictions,

[PEN-L:3001] The trouble with long waves199902060600.WAA04188@galaxy.csuchico.edu

1999-02-06 Thread Louis Proyect
The problem with "long waves" is that it encourages us to think in terms of capitalism having some kind of self-regulating mechanism, namely the ability to foster "technological revolutions" ad infinitum, which is based on an extrapolation from capitalism's history into the future. Just because

[PEN-L:3000] Re: Anwar Shaikh

1999-02-06 Thread Doug Henwood
Louis Proyect wrote: I also agree that Shaikh hasn't done a good job of making his case. Remember his spiel with Doug at Brecht Forum in Oct'97? Really odd... Yeah? What about it? Doug

[PEN-L:2999] Even Business Week

1999-02-06 Thread Max Sawicky
Business WeekEditorial February 15, 1999 A Better Use of Surpluses President Clinton will be remembered for many things, but in the economic arena, fiscal responsibility will top the list. When he took office in 1993, the federal budget deficit came in at $225 billion, just off its high

[PEN-L:2998] RE: Re: Re: New Economists' Petition

1999-02-06 Thread Max Sawicky
It is sad to see so many from the mainstream of liberal Keynesianism abandonding all hope of accomplishing anything. Paying down the debt was a traditional Republican plank [honored in the breach by radical tax reforms.] . . . Call me naive but I am struck by the blatant political

[PEN-L:2997] Re: America and the world

1999-02-06 Thread valis
[FTFebruary 6 1999 ] But will the runaway locomotive come off the rails? The American railroad engine is running at full power, but the old "locomotive" . At any rate, if the global slump arrives, the Americans

[PEN-L:2993] Fw: CLINTON ALLIES KEEP POVERTY OFF THE NATIONAL AGENDA (fwd)

1999-02-06 Thread Frank Durgin
In connection with Michael's excellent posting, it is interesting to note that Time magazine (Feb. 8 1999) in an article devoted to the growing numbers of homeless wrote: ""A few minutes into his inaugural Address, on Jan 20, 1989, George Bush- a Republican president often derided for his