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,
Rod: "Ecobabble or not money is money, whether it is a commodity money or
a paper money or fictious money."
A commodity is a commodity, whether or not it is used as money. In the 16th
C gold and silver were commodities. (In the 16th century they didn't have
ATMs or electronic transfers.)
"An
Mercantilists clearly and explicity recognized the importance of the
slave(ry) "trade" and colonies. Posthelwayt (sp?.), Dalby, many others.
Quotes to come. (Marx of course did as well.) When we connect the
influence of the mercantilists on policy matters to things like State run
"trading"
I agree with you here.
Mathew Forstater wrote:
much of "domestic exploitation" was inseparable from colonial (and pre
[formal]-colonial) exploitation. mf
--
Michael Perelman
Economics Department
California State University
Chico, CA 95929
Tel. 530-898-5321
E-Mail [EMAIL PROTECTED]
Rod attributes the growth of capitalism to agriculture. I do not deny
that it was an important component. It was a necessary, but not a
sufficient condition.
Holland had more advanced agriculture than Britain. Also, until the
growth of international trade, the aristocracy had little that it
Sam P:
Vanderlint was right. This in a nutshell explains why the Dutch and English
and Italians, not the S[paniards, reaped the main benefits from the
American silaver and gold.
Jim Blaut
Rod: "Gold is not wealth, in the 16th century it could have played only
three roles. 1. As money, 2. As means of foreign payments, 3. As
decoration."
Everything we value, except essential foods, some medicinal items, simple
shelter, and (in cold countries) heavy clothing can be called
Note the part about Larry Summers therein.
Deborah Sklar ... cites a blueprint called The East Asian Miracle,
written by US
Treasury
Secretary Lawrence Summers, in which he urges governments to 'insulate'
themselves from 'pluralist pressures' and to suppress trade unions. This,
she says, became
Here are some notes I took on the article that Doug mentioned concerning the
manipulation of the Asian Miracle book. Even so, I did not see the Summers line
in that book.
Wade, Robert. 1996. "Japan, the World Bank, and the Art Paradigm Maintenance: The
East Asian Miracle in Political
The NY Times reports that Alan Nairn was deported. One of the few pieces
of good news in recent weeks.
--
Michael Perelman
Economics Department
California State University
Chico, CA 95929
Tel. 530-898-5321
E-Mail [EMAIL PROTECTED]
On Sun, 19 Sep 1999, James M. Blaut wrote:
Rod: "Gold is not wealth, in the 16th century it could have played only
three roles. 1. As money, 2. As means of foreign payments, 3. As
decoration."
James responds:
Everything we value, except essential foods, some medicinal items, simple
Brad, if it does refer to the book, then I agree with your interpretation. I do
not recall any calls for repression. The article seems to suggest a different
document. It may or may not be wrong. I put this out to find out if there was
something to the article.
Brad De Long wrote:
I
On Sunday, September 19, 1999 at 17:40:33 (-0700) Brad De Long writes:
Note the part about Larry Summers therein.
Deborah Sklar ... cites a blueprint called The East Asian Miracle,
written by US
Treasury
Secretary Lawrence Summers, in which he urges governments to 'insulate'
themselves from
EAST TIMOR ABRI Inc
By George J. Aditjondro
Sydney Morning Herald May 8, 1999
THE fighting between the Indonesian-backed pro-integration militias and
supporters of independence in East Timor cannot be understood fully without
taking into account the substantial holdings in the province of the
Many of the so-called early economists were in fact merchants, writing
phamplets in order to influence government policy in their favour. This is a
bias in the records that remain. Quotes on trade from the mercantilists can
easily be matched by quotes from the likes of Petty and other
Note the part about Larry Summers therein.
Deborah Sklar ... cites a blueprint called The East Asian Miracle, written by US
Treasury
Secretary Lawrence Summers, in which he urges governments to 'insulate'
themselves from 'pluralist pressures' and to suppress trade unions. This,
she says, became
We must not make the mistakes of the mainstream in atributing *causality* to
an *identity* like is done when trade deficits are blamed on government
budget deficits, or, in this case if we are not careful, with the quantity
equation: causality does not have to go from M to P. mf
-Original
much of "domestic exploitation" was inseparable from colonial (and pre
[formal]-colonial) exploitation. mf
-Original Message-
From: michael perelman [EMAIL PROTECTED]
To: [EMAIL PROTECTED] [EMAIL PROTECTED]
Date: Saturday, September 18, 1999 9:26 PM
Subject: [PEN-L:11276] Early
Hi Doug:
Oh, I laughed between squirms too. The violence was so extraordinary
it was hard to know how to take it. The gender politics of the movie
were quite strange - there were only two women of any consequence in
the cast, and both were near-mute ciphers; Sally, the singer, gets
hauled around
Louis Proyect wrote:
Michael and Lisa spoke at a Hong Kong twin bill at the Anthology of Film
Archives yesterday afternoon. In the audience was Doug Henwood, who told me
that he had never seen a Hong Kong movie before. I assured him that he
would at least find the experience unforgettable. There
michael perelman wrote:
When I look at the literature of mercantilist thought, I see that the
early economists believed that the accumulation of gold was the key to
development, until the London fire of 1670 (?) when the idea that
domestic demand could also spur development. Also, profit
After exchanging email with Michael Hoover for over three years, I finally
got a chance to meet him here in NYC this weekend. He was promoting his new
Verso book on Hong Kong cinema titled "City on Fire" along with co-author
Lisa Stokes.
I am a big fan of Hoover postings on PEN-L and the Marxism
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