Hi All,
I'm looking for recent data on US foreign direct investment in Indonesia.
Thanks in advance, all.
Seth Sandronsky
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Rod writes:
The question is why did the Europeans burst out of their
continent from the 15th century on, and why were they able to conquer
everyone in their path.
Bill writes:
In a nutshell, if I remember Blaut correctly, they luckily stumbled
upon America where they plundered with
Sam P. cited Michael Hudson's wonderful 2 volume work. He clearly makes the
case that Smith et al. made the case that colonialism did not pay only to
suggest to potential competitors that they should not follow England's example
and try to industrialize except via the market. In effect, he was
Blaut hardly understands Weber, as became quite evident in our
exchange last Winter in the World-H list. Each and every claim here
about China can be easily refuted. But now I am dealing with the colonial
trade.
Jim Blaut, "Colonizer's Model of the World":
It is now known beyond doubt
Charles Brown wrote:
Charles: I suggest Chapter 9, "Financial Rulers of America" in
_Superprofits and Crises_ by Victor Perlo, to dispel this notion
that Lenin thought banks and not stock markets were the financial
capitalist institutions. Perlo says
"Ownership and control of stocks is part
Doug wrote:
Forget Perlo and Lenin and read the Wall Street Journal instead.
but not the editorials.
Jim Devine [EMAIL PROTECTED] http://clawww.lmu.edu/~JDevine
the hurricane has knocked me off e-mail and I can't
post to pen-l from this (I don't think). Can someone
ask Ricardo on the list why he is not responding to
my posts-- that is, why he is not responding to the
Darity arguments??? he requested that I type in the
stuff. are they not worthy of
A general question for pen-l'ers:
For those who are much better at the marxological stuff than I, could
someone who perhaps has read the original tell me if Hilferding in the
Bottomore version of Finance Capital when he speaks of fictitious capital is
saying the same kind of thing in German and
Seth Sandronsky wrote:
I'm looking for recent data on US foreign direct investment in
Indonesia. Thanks in advance, all.
Choose from your options at http://www.bea.doc.gov/bea/di1.htm.
Doug
Michael Perelman wrote:
Sam P. cited Michael Hudson's wonderful 2 volume work. He clearly makes the
case that Smith et al. made the case that colonialism did not pay only to
suggest to potential competitors that they should not follow England's example
and try to industrialize except via the
the hurricane has knocked me off e-mail and I can't
post to pen-l from this (I don't think). Can someone
ask Ricardo on the list why he is not responding to
my posts-- that is, why he is not responding to the
Darity arguments??? he requested that I type in the
stuff. are they not worthy
Jim,
Blaut argues that it was the fact that the
Atlantic is narrower than the Pacific that accounted
for the crucial ability of the Western Europeans to
get to the Americas to do the exploiting before the
Chinese (some Asians having already gotten there
earlier but who lacked sufficient
Barkley writes:
Blaut argues that it was the fact that the Atlantic is narrower than the
Pacific that accounted for the crucial ability of the Western Europeans to
get to the Americas to do the exploiting before the Chinese (some Asians
having already gotten there earlier but who lacked
Patrick Bond separates out three categories:
a) an international reformism aimed at merely improving (around the edges)
the embryonic world-state institutions, as was done with the WB over the
past decade or so, namely making them more green, more gender-friendly,
more transparent, and more
Ricardo- I understand to a certain extent. But we all many of us have
limited time and other responsibilities, and it appears you have time for
other responses, and yet until now you have not even acknowledged the Darity
interventions (via my sore and aching fingertips). I look forward with
Ann, I thought that H.'s discussion of fic. capital was pretty thin. I
had expected a lot more.
Hilferding, p. 225: "It is clear that with the increasing concentration of
property, the owners of the fictitious capital which gives power over the
banks, and the owners of the capital which gives
Jim Blaut, "Colonizer's Model of the World":
Precious Metals
We notice first the export of gold and silver from the Americas and its
insertion within the circuits of an Eastern Hemispheric market economy in
which gold and silver already provide the common measure of value, directly
or
Of course this does not answer the crucial question as
to why the Chinese did not go around the Cape of Good
Hope in the 1400s while the Portuguese did in 1497 with
Vasco da Gama. Thus we had the Portuguese in Goa
and Macau rather than the Chinese in Cadiz and Lisbon.
Barkley Rosser
Blaut
Jim Devine [EMAIL PROTECTED] 09/17/99 12:29PM
My reading suggests that a crucial reason why capitalism came to Europe
first was the decentralized and somewhat chaotic socioeconomic organization
of the western part of the continent that has been called "feudalism." The
constant wars encouraged
Whereas in the Wall Street Journal gems are far from rare.
CB
Doug Henwood [EMAIL PROTECTED] 09/17/99 04:10PM
Charles Brown wrote:
Victor Perlo is writing TODAY ( but history hasn't really ended)
I know. Believe it or not, I read the People's Weekly World. Every
once in a while you come
The quantitative studies you refer to must be based on the records of the early
capitalists, in the case of calculating for the very beginning of capitalism. Do those
records keep track of all the hours that their first slaves and semi-slaves in the
colonies worked ? Afterall , since they
Do you have any stats on the number of person hours worked in Europe and the number of
person hours worked in the colonies by slaves and semi-slaves at the rosy dawn of
capital ?
Charles Brown
"Ricardo Duchesne" [EMAIL PROTECTED] 09/17/99 04:48PM
Wallerstein starts his response saying he
Doug Henwood [EMAIL PROTECTED] 09/17/99 01:20PM
Forget Perlo and Lenin and read the Wall Street Journal instead.
Charles: Perlo is alive today, and has written books on capitalism today. So, your
implication that my argument here is not based on a contemporary professional
It may be something as weird as that the Chinese--living in the
"Central Country"--didn't have the crusading habit. By contrast
Europeans were used to the idea that there were other richer guys
with interesting stuff in other parts of the world--and had acquired
the crusading habit half a
Jim,
Blaut argues that it was the fact that the
Atlantic is narrower than the Pacific that accounted
for the crucial ability of the Western Europeans to
get to the Americas to do the exploiting before the
Chinese
...
But Cheng Ho's ships would have had little trouble making it across
the
Mathew Forstater wrote:
But Smith, contrary to much popular misconception clearly stated the many
advantages that came to the colonizers as well as the disadvantages to the
colonized.
Great post, Mat. To what extent do you think Smith's vigorous
opposition to any form of interference in
Ricardo: "Should remember that many Marxists, including Wood, do not think
the
colonial trade was that important."
Ricardo, I own all of Wood's books and waited until I got home to check up
on this. Her newest "The Origin of Capitalism" does not seem to take sides
on O'Brien-Darity type
Louis, You missed it entirely, it's to Ed Wood(recall the movie?)...
Steve
On Fri, 17 Sep 1999, Louis Proyect wrote:
Ricardo: "Should remember that many Marxists, including Wood, do not think
the
colonial trade was that important."
Ricardo, I own all of Wood's books and waited until
PS. I am apalled by the systematic exclusion of historical accident,
especially on the Left which is infatauted with hindsight rationalizations.
But I would go as far as saying that perhaps three fourths of history
(both national and persons) is a result of accident, being in the right
place at
At 01:42 PM 9/17/99 -0700, Jim Devine wrote:
If one blames all of E's rise on exploitation, then in some ways it's a
critique of the periphery that allowed itself to be conquered and
exploited. If, on the other hand, one blames it all on capitalism's (or
Europe's) internal dynamic, it's quite a
Max Sawicky wrote:
. . .
Question: do you think there can be progressive nationalism
for the U.S., and if so, what might it look like?
I couldn't say exactly what it would be but I know what its enemies
would call it: Isolationism. In fact that is what the WSJ always calls
any fragment of
Jim,
Well, putting my two earlier posts together with
your response would suggest the possibility that the
crucial difference between Western Europe and China
was that Europe had a sufficiently developed form of
nascent capitalism that some Europeans were motivated
to explore and conquer out
. . .
c) a "progressive nationalism" (again, a PEN-L phrase) which, in
advocating WB/IMF defunding, takes heart and strength and
knowledge from the potential unity of the variety of particularistic
struggles against local forms of structural adjustment, malevolent
"development" projects and
Charles Brown wrote:
Victor Perlo is writing TODAY ( but history hasn't really ended)
I know. Believe it or not, I read the People's Weekly World. Every
once in a while you come across a real gem in there - like Jarvis
Tyner's fond farewell to John-John.
Doug
Hey, lay off PWW; they call me
Charles Brown wrote:
Victor Perlo is writing TODAY ( but history hasn't really ended)
I know. Believe it or not, I read the People's Weekly World. Every
once in a while you come across a real gem in there - like Jarvis
Tyner's fond farewell to John-John.
Doug
One can make a serious argument that a nascent
form of capitalism was in existence in Northern Italy
(and in Flanders not long thereafter) from the 1200s
on. Even Marx recognized this, labeling it "merchant
capitalism." T-balance sheet accounting dates from
this period from Pisa and Florence
Wallerstein starts his response saying he will not contest "the
particular numbers O'Brien has calculated", except to remind the reader
that, in O'Brien's own words, the existing stats on these matters are
"scarce and shaky". My view is that, while the data themselves can be the
matter of
Jim Devine wrote:
Doug wrote:
Forget Perlo and Lenin and read the Wall Street Journal instead.
but not the editorials.
They're hilarious. They're the WSJ's substitute for a comics page, as
Michael Thomas says.
Doug
Jim Devine wrote:
I think Greenspan is a Randian reformist (or pragmatist), not a
revolutionary.
THere was an article in a recent ish of Reason, the fairly pure
libertarian magazine, arguing that even though he works for the
state, AG is still fundamentally a Randian.
Doug
Victor Perlo is writing TODAY ( but history hasn't really ended)
CB
Jim Devine [EMAIL PROTECTED] 09/17/99 01:17PM
Doug wrote:
Forget Perlo and Lenin and read the Wall Street Journal instead.
but not the editorials.
Jim Devine [EMAIL PROTECTED] http://clawww.lmu.edu/~JDevine
The basic point is this. "Finance Capital" is a general term meant to encompass all
the many forms that the bourgeoisie use for aggregating loan or creditors money. The
names and forms have developed some ( although there seem to be Investment BANKS and
Merchant BANKS on Wallstreet. And Trusts
Jim Devine [EMAIL PROTECTED] 09/17/99 12:29PM
My reading suggests that a crucial reason why capitalism came to Europe
first was the decentralized and somewhat chaotic socioeconomic organization
of the western part of the continent that has been called "feudalism." The
constant wars encouraged
Patrick Bond wrote:
a "progressive internationalism" (as it was termed on PEN-L a
few years ago) aimed at establishing a world-state
What about a progressive internationalism that doesn't focus on
creating a world state, but instead focuses on building links among
unions, NGOs (the good kind,
I agree with Max that the history of capitalism as an aspect of the theory of social
change must be united with action and practice. This means especially for those of us
in the U.S.and other imperialist centers making this discussion of history (some of it
remote in some senses) relevant to
Attitudes of the Rich and Famous...
The American system of ours, call it Americanism, call it Capitalism, call
it what you like, gives each and every one of us a great opportunity if we
only seize it with both hands and make the most of it.
--Al Capone
The point is that you can't be too
BLS DAILY REPORT, THURSDAY, SEPTEMBER 16, 1999
Prices consumers pay for most goods and services--except energy
products--rose modestly again in August, resulting in a 0.3 percent rise in
the consumer price index for all urban consumers, according to BLS.
Analysts looking for new evidence to
How to pay for debt cancellation:
I propose a tax on global blah-blah.
The tax could be implemented by granting a patent on global blah-blah to a non-profit
corporation, which could then charge royalties for its use and then use the proceeds
to purchase debt at market value and cancel it.
but his problem with Brenner has
always been lost on me because he makes no clear distinction between
Brenner and Weber's arguments about the origin of capitalist development.
A paper of mine that will come out soon shows that Brenner, in the
course of expounding his 'relations of
Ajit wrote:
I think the method of counterfactual is simply a poor way of doing economic
history.
When it comes to historical data, I think they are usually of rough nature and
should be taken with more than a pinch of salt.
Yes, these numbers are not 'hard data', but they are certainly
I wouldn't have thought issuing vouchers or cooking prisoners were
particularly/definitively Randian manouvres.
Vouchers seem a reformist Randian measure, the free-marketization of public
schools. Zapping prisoners is part of the repressive role of the state, a
part of the "capitalist ideal"
Before I sent O'Brien's numbers, Ajit speculated that, if we assume
that the take-off to industrialization requires an investment of
approx 8% of the GDP, and that the domestic savings contributes 5% to
6% of that, whereas the colonies contribute 2% to 3%, then one cannot
deny that that 2% or
The NY Times has an interesting review of the show I referred to the other
day, including a photo of the beguiling sculpture of the King and Queen
with her arm wrapped around his shoulder.
http://www.nytimes.com/library/arts/091799egypt-art-review.html
Louis Proyect
- Original Message -
From: Dr Alan
Cheney
To: [EMAIL PROTECTED] ; [EMAIL PROTECTED] ; [EMAIL PROTECTED] ; [EMAIL PROTECTED] ; [EMAIL PROTECTED] ; [EMAIL PROTECTED] ; [EMAIL PROTECTED]
; [EMAIL PROTECTED] ; [EMAIL PROTECTED] ; [EMAIL PROTECTED] ; [EMAIL PROTECTED] ;
[EMAIL
From: Chris Burford [EMAIL PROTECTED]
But could you explain the apparent discrepancy between this remark
Go for the nation-state, man, it is the only hope.
and this remark in your post on Jubilee 2000
this movement is about neither a "final" or a
"short" burst of activity up to 2000. An
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