Barkley Rosser's comments:
#258.
(1) "All the talk of gold and silver really doesn't amount
to much."
First: Barkley, like others on this list, is missing the
fact that gold and silver in the 16th century didn't mean
the same as money does in the 19th-20th. Gold and silver
were COMMODITIES, s
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The Internet Anti-Fascist: Friday, 17 September 1999
Vol. 3, Numbers 75 (#333)
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ANTI-FASCIST WEB SITES OF
This is only partially true of the 16th and 17th centuries. The period of
the great price revolution.
It is true that the gold did not elicit the inflation that might be expected
from the volumes that were imported, because large amounts were re-exported
to India. But it did cause inflation in
I don't at all agree that the WSJ has honest reporting. Whenever , I read it it has
the same slick demogogy that the rest of the monopoly media does.
Here's an article in 9/13/99 "If Detroit Rebounds, Robert Slattery Can Claim Some
Credit" . The story doesn't seem very honest to me. Sounds li
Lenin's analysis of monopoly is directly based on Marx's , only contrary to treating
it like dogma ( that dogmatic and false refrain of liberal commentators on Lenin) ,
Lenin develops it to the changes in conditions that had come about since Marx's era,
the complete opposite of what you say be
Hi everyone!
Lou Proyect conned me into joining the list.
However, I swear under oath that I am not now and never have been an
economist.
I think I can counter Barkley's thoughtful (as usual) arguments. Will try
to do so in the next post.
Here I'll support Charles on the matter of colonial la
>>> Wojtek Sokolowski <[EMAIL PROTECTED]> 09/17/99 05:57PM >>>
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
I don't have any trouble with the proposition to that both the
exploitation of British workers and the rape of the colonial lands
contributed to the development of capitalism.
In a sense, the debate is starting to concede the peripheral point that
Brad made, to which I originally objected. I don
>>> Max Sawicky <[EMAIL PROTECTED]> 09/17/99 04:57PM >>>
. . .
>>>
Question: do you think there can be progressive nationalism
for the U.S., and if so, what might it look like?
((
Charles: Honoring treaties with the Indigenous peoples.
CB
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 suffi
There is a theorem in the theory of cultural evolution ( might have been lifte from
Trotsky) about the areas that are least developed or most backward have the most
potential for revolutionary advance to the next level. It is a last will be first
idea. The rationale is that those most successfu
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Lou,
Well, I have already responded to some of these
points in other posts. One thing I would agree with
Blaut on is that Europe was not scientifically or
technologically superior in any significant way in
1500, or certainly not in say 1450. Actually the
world's technological leader in 1450
I don't know how one could get a dependable nose count on the
questions Nathan raises, but I will report on my own count among
those whose history I know. Without exception (that is, among those
with whom I am still in contact) the people I worked with in Central
America Solidarity in the '80s hav
Ajit,
I fully agree. But why was it not Chinese merchants
who felt the need to take advantage of these potential
savings rather than the Portuguese da Gama?
For that matter, why do we have the Venetian Marco
Polo traveling to China across land about the time
of the emergence of imporant
> 1. Is Hoffa doing much damage to the Teamsters or is it business as
> usual?
> 2. While most religions have created vicious theological dictatorships,
> have the Buddhists so far avoided such excesses? Have any dictators
> claimed to ground their abuses in Buddhist principles?
Hard to see much
But when one da Gama and those who followed
him returned from the Indian Ocean to the Atlantic
they faced the same problem. There is a variation
of easterlies and westerlies in the Indian Ocean,
depending on where one is. The easterlies help
one to get from Asia to Africa and operate all th
Louis,
All the talk of gold and silver really doesn't amount
to much. Most of this flowed into Spain, but there it
either ended up in fancy churches or flowed out to the
rest of Europe where it stimulated inflation. As Adam
Smith long ago realized, money is a veil, it is not real
wealth.
Yoshie Furuhashi wrote:
> Mat wrote:
> >There are lots of debates about whether the Enslavement of African peoples in
> >the U.S. south, for example, was capitalist or not. Two points:
> >
> >1) Enslaved Africans were producing *commodities.*
> >
> >2) This production was responsible for capit
Nathan, The difference between Kosovo and the other cases is that the aggressor is a
client state. We have
no need to call for military intervention. All the U.S. needs to do is to call off
its dogs and they will
comply.
Several of us have mentioned that we think that the introduction of fore
BLS DAILY REPORT, FRIDAY, SEPTEMBER 17, 1999
RELEASED TODAY: Regional and state unemployment rates were generally stable
in August. All four regions posted little change over the month, and 44
states recorded shifts of 0.3 percentage point or less. The national
jobless rate was essentially unch
1. Is Hoffa doing much damage to the Teamsters or is it business as
usual?
2. While most religions have created vicious theological dictatorships,
have the Buddhists so far avoided such excesses? Have any dictators
claimed to ground their abuses in Buddhist principles?
--
Michael Perelman
Econom
Mat wrote:
>There are lots of debates about whether the Enslavement of African peoples in
>the U.S. south, for example, was capitalist or not. Two points:
>
>1) Enslaved Africans were producing *commodities.*
>
>2) This production was responsible for capital accumulation
>
>This is strong evidenc
There are lots of debates about whether the Enslavement of African peoples in
the U.S. south, for example, was capitalist or not. Two points:
1) Enslaved Africans were producing *commodities.*
2) This production was responsible for capital accumulation
This is strong evidence supporting the po
Chinese people were in East Africa 2000 years ago (evidence available on request).
There is evidence of Africans in the Americas (Olmec, and other evidence)
pre-Columbus. Some assume contact must mean conquer. This tells a lot. Some
travel without any intention of conquering or slaving, even if
Ricardo Duchesne wrote:
> 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
There may have been a lot of debate about the capitalist nature of American
slavery, but I think those are old debates. Most everyone doing research in
the area agrees that it was capitalist.
The problem arose from a misreading of Marx by some of the old CP members
who insisted that to have ca
Charles Brown wrote:
>Whereas in the Wall Street Journal gems are far from rare.
True. It's a great newspaper. Even the tension between the editorial
and news pages is interesting; it's fascinating to speculate why the
monied want clear, honest reporting of the news, but when it comes to
refl
As far as i know, China did not need to go around the cape of good hope,
Barkley. In the earlier period, the advantage of sea rout to India was mainly on
account of 'internalizing the security cost'. Prior to Vasco da Gama, the goods
from India went to Europe through the land rout to the mouth of
Charles Brown wrote:
>Besides that , Vol. III of _Capital_ is older than _Imperialism_
>,but somehow you seem to think it has some contemporary validity.
You're absolutely right. There's a lot in K vol 3 that's very
enlightening on credit and the joint-stock company, to take two
relevant exam
Doug Henwood wrote:
> True. It's a great newspaper. Even the tension between the editorial
> and news pages is interesting; it's fascinating to speculate why the
> monied want clear, honest reporting of the news, but when it comes to
> reflecting on the news, they prefer such tortured, dishones
RO:
> I'm not sure I understand your question. A fundamental problem I am
raising is
> that because foreign gross product type data isn't caclulated, foreign
profit
> numbers are as reported by corps only, without the adjustments the BEA
does to
> have the numbers better refelect economic reality
NY Times, September 18, 1999
Students Seek Some Reality Amid the Math of Economics
By MICHAEL M. WEINSTEIN
On my first day as a graduate student in economics at the Massachusetts
Institute of Technology, the professor introduced the discipline by
intoning, "All of economics is a subset of the t
Lou:
I just read the archive of pen-l from Sept 15 through today. I didn't find
any arguments that really need to be answered . . . I appreciate your
throwing in gobs of my book. The folks should be advised to look at
Gunder's ReORIENT, Jack Goody's THE EAST IN THE WEST, There's a huge new
litera
Charles: In other words, you would have to be claiming that the European
total work hours of the European workers was greater than that of the
non-European slaves and semi-slaves at the rosy dawn of capitalism. Do you
have studies comparing the numbers of person hours worked by both ?
LNP: This
To avoid a bit of the beating the dead horse thing, I will try to be as
unpolemical as possible in this post and hope for the same in the responses.
With East Timor, Kosovo and Kuwait, we have three key situations of a larger
local power seeking to dominate a smaller region with aspirations of
i
G'day Jim,
>I expect that Alan G. will try to keep the Wall Street/Main Street bubble
>economy growing as long as possible. But do you really think he cares about
>Gore? He's an erstwhile follower of Ayn Rand after all, while Gore embraces
>a totally technocratic ideology.
Well, Rand was a bit
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