Re: Re: New Economy??? (fwd)

2000-06-15 Thread Chris Burford
At 13:37 13/06/00 -0700, you wrote: they are supposed to show that capitalism is not the capitalism of free trade. Mine Doyran SUNY/Albany So do you refuse to give answers to my questions? Brad DeLong Although there are strong monopoly features in global capitalism, these figures do not

Mastersingers without antifascist rituals

2000-06-15 Thread Werner . Veith
28.05.2000 Opera Nuremberg: Richard Wagner’s „Mastersingers of Nuremberg“ The Mastersingers without anti-fascist rituals No other opera is so closely connected with German history - and so incriminated by it - as the mastersingers. Nietzsche saw ‘something German in the best and the worst

bureaucratization of information

2000-06-15 Thread Michael Perelman
This article might not be that good, but the idea of the bureaucratization of information, what they call the hardening of information, struck me as interesting. "Information Production and Capital Allocation: Decentralized vs. Hierarchical Firms" BY: JEREMY C. STEIN

Wynne Godley

2000-06-15 Thread Michael Perelman
Jim Devine has referred to Wynne Godley's 7 unsustainable processes before. Does anybody else have any opinions about the article? -- Michael Perelman Economics Department California State University Chico, CA 95929 Tel. 530-898-5321 E-Mail [EMAIL PROTECTED]

Re: McArthur grantee

2000-06-15 Thread Jim Devine
At 10:05 PM 6/14/00 -0700, you wrote: this fellow got a McArthur grant yesterday. Anybody know of him? Matthew Rabin I read an article he had in the JOURNAL OF ECONOMIC LITERATURE, which surveyed the psychology literature that he deemed relevant to economists. It was quite competent and

youth crime

2000-06-15 Thread Jim Devine
(this was: Re: [PEN-L:20219] Re: Re: Re: sacred American art forms III) At 11:37 PM 6/14/00 -0400, you wrote: The theory underlying MFY's work on juvenile delinquency derived from work by Cloward and Lloyd Ohlin--in particular, their 1960 book Delinquency and Opportunity: A Theory of

A (hostile) review of Michael Perelman's latest

2000-06-15 Thread Louis Proyect
H-NET BOOK REVIEW Published by EH.Net (May, 2000) Michael Perelman. _The Natural Instability of Markets: Expectations, Increasing Returns, and the Collapse of Capitalism_. New York: St. Martin's Press, 1999. xiv + 188 pp. $39.95 (cloth), ISBN 0-312-22121-5. Reviewed for EH.NET by Thomas E.

Re: Re: Re: My Take on Competition

2000-06-15 Thread Doug Henwood
Brad De Long wrote: IP protections can create value; IP protections can destroy value; they can raise the profit rate; they can raise or lower the real wage... How can they raise the overall profit rate? Obviously they can raise individual profit rates, but by what mechanism do they boost

Re: Wynne Godley

2000-06-15 Thread Joel Blau
I read it a while ago, and thought it was pretty persuasive, but I'd be interested in any critiques. Joel Blau Michael Perelman wrote: Jim Devine has referred to Wynne Godley's 7 unsustainable processes before. Does anybody else have any opinions about the article? -- Michael Perelman

Krugman Watch: innovation promotion

2000-06-15 Thread Jim Devine
New York TIMES / Sunday, June 11, 2000 RECKONINGS / By PAUL KRUGMAN The Last Refuge On Wednesday Judge Thomas Penfield Jackson ordered a breakup of Microsoft along the lines proposed by the Justice Department. In so doing he in effect dismissed concerns [such as those expressed by PK

Re: McArthur grantee

2000-06-15 Thread Ted Winslow
From the profile of Mathew Rabin: Rabin has demonstrated particular strength in distilling from psychological research those insights that can be modeled mathematically. The wider conventional basis of the dominant approaches of both psychology and economics is "physics envy". The profile

Re: Re: McArthur grantee

2000-06-15 Thread Jim Devine
At 02:35 PM 6/15/00 -0400, you wrote: From the profile of Mathew Rabin: Rabin has demonstrated particular strength in distilling from psychological research those insights that can be modeled mathematically. The wider conventional basis of the dominant approaches of both psychology

Re: Re: Re: My Take on Competition

2000-06-15 Thread Doug Henwood
Michael Perelman wrote: I agree with Jim's first point. Jim Devine wrote: 1. Actually, I'd _agree totally_ with Doug's statement -- unless the rise of IP has changed the ability of capitalists to depress real wages via monopoly pricing (i.e., unless somehow the rise of IP strengthened

Re: Re: Re: Re: My Take on Competition

2000-06-15 Thread Michael Perelman
Let me start out by saying that I have no doubt that intellectual property increases surplus value, just as if the entire economy consisted of a region, such as San Francisco, which experienced a rapid increase in rents, surplus value increased relative to what goes to labor. Doug asks for

Concerning Wynne Godley

2000-06-15 Thread Michael Perelman
Forwarded from Mat Forstater I think Wynne's work is extremely important. Let's think about his study in the context of Gore's promise yesterday or the day before to continue and even accelerate along the path of fiscal austerity, while boasting that running surpluses and paying down the debt

Re: Re: Re: Re: Re: My Take on Competition

2000-06-15 Thread Doug Henwood
Michael Perelman wrote: Let me start out by saying that I have no doubt that intellectual property increases surplus value, just as if the entire economy consisted of a region, such as San Francisco, which experienced a rapid increase in rents, surplus value increased relative to what goes to

Re: Re: Re: Re: My Take on Competition

2000-06-15 Thread Michael Perelman
I thought that I answered this before using the logic that I find reading LBO. To the extent that intellectual property protection confers the ability to mark up goods, workers must labor more hours to buy the same goods, leaving more hours available for surplus value. Doug Henwood wrote:

Re: Re: Re: Re: Re: Re: My Take on Competition

2000-06-15 Thread Michael Perelman
I have never denied the effect of the weakening of labor. I am merely stating that IP represents an additional force, which is becoming stronger, just as capital may have pushed labor down in the US as far as it can go -- the last thought is a speculation, not even a firm belief. Doug Henwood

Re: Re: Re: Re: Re: Re: Re: My Take on Competition

2000-06-15 Thread Doug Henwood
Michael Perelman wrote: I have never denied the effect of the weakening of labor. I am merely stating that IP represents an additional force, which is becoming stronger, just as capital may have pushed labor down in the US as far as it can go -- the last thought is a speculation, not even a

Re: My Take on Competition

2000-06-15 Thread Carrol Cox
Michael Perelman wrote: I thought that I answered this before using the logic that I find reading LBO. To the extent that intellectual property protection confers the ability to mark up goods, workers must labor more hours to buy the same goods, leaving more hours available for surplus

Psychology: Physics Envy or Lit-Crit Envy

2000-06-15 Thread Carrol Cox
Ted Winslow wrote: [snip] The wider conventional basis of the dominant approaches of . . .psychology ...economics is "physics envy". The profile identifies "psychology" with the "behavioral" approach to it now dominant. And the conventional alternative to this might then be called

Re: Re: Re: McArthur grantee

2000-06-15 Thread Ted Winslow
Jim wrote: The article that I read by Rabin was hardly mathematical, though one might say that his biases are toward behaviorism rather than toward psychoanalysis. But I think that it's a mistake to condemn the guy based on a minuscule profile. (hey, my profile ain't so hot either. It

Re: Psychology: Physics Envy or Lit-Crit Envy

2000-06-15 Thread Ted Winslow
Actually Carrol one of the main "lit-crit" approaches, that grounded in Foucault/Lacan, looks to me to share ultimate premises with the orthodox approaches to economics and psychology. Here is a passage from Lacan on "mathematization" taken from a web site "devoted" to his writings. "(...)

Re: Re: Psychology: Physics Envy or Lit-Crit Envy

2000-06-15 Thread Carrol Cox
Ted Winslow wrote: "(...) Mathematization alone reaches a real - and it is in that respect that it is compatible with our discourse, analytic discourse - a real that has nothing to do with what traditional knowledge has served as basis for, which is not what the latter believes it to be,

Re: Re: New Economy??? (fwd)

2000-06-15 Thread md7148
I do *not* remember getting this message because my account was full so Brad's question probably bounced back. Can you repost the rest of your post? Chris, I understand what you say but the article is not suggesting that the world economy is charecterized by monopoly capitalism. This not my

MOBILIZE GLOBALLY ! (MG!) (2)

2000-06-15 Thread UP.secr. (MG!)
( 2. edition, after clarification and amendment on basis of netters' comments ) REINFORCE, EXPAND AND UNIFY THE GLOBAL RESISTANCE MOVEMENT ! The next necessary step to maintain the momentum of, expand and carry through to their conclusion the historic victories in Seattle, Washington

Some World Bank News

2000-06-15 Thread Anthony DCosta
This summary is prepared by the External Affairs Department of the World Bank. All material is taken directly from published and copyright wire service stories and newspaper articles. For more news go to http://www.worldbank.org/news To subscribe or unsubscribe go to

BLS Daily Report

2000-06-15 Thread Richardson_D
BLS DAILY REPORT, THURSDAY, JUNE 14, 2000 RELEASED TODAY: CPI -- On a seasonally adjusted basis, the CPI-U rose 0.1 percent in May after registering no change in April. The energy index declined 1.9 percent in May, the same as in April. In May, the index for petroleum-based energy fell

Re: Re: Re: Re: Re: Re: Re: Re: My Take on Competition

2000-06-15 Thread Michael Perelman
Again, IP is not the sole determinant. You might say, if you were to imagine an IP-only explanation, that it fueled the stock market boom, which allowed wages and profits to both increase. Again, we don't have the data, but the rising wages would be consistent with a higher rate of

Re: Some World Bank News

2000-06-15 Thread Michael Perelman
Alex Cockburn's father is quoted to have said that he did not believe anything until it is officially denied. Anthony DCosta wrote: A Bank official also denied that the institution was being leant on by US Treasury Secretary Lawrence Summers, notes the Guardian. -- Michael Perelman

Re: Psychology: Physics Envy or Lit-Crit Envy

2000-06-15 Thread Doug Henwood
Carrol Cox wrote: Symbols are intentional. Hence there must always be a non-symbolic action "behind" any symbol. But you can't touch it, can you? It's always perceived as a symbol, no matter how hard you try. "One day I complained about the periphery/that it was thickets, hard to get around

Re: Re: Psychology: Physics Envy or Lit-Crit Envy

2000-06-15 Thread Carrol Cox
Doug Henwood wrote: But you can't touch it, can you? No, you can't "see" or "touch" any relation, even (say) the relation of your hand to your spoon as you stir your coffee. So? Carrol It's always perceived as a symbol, no matter how hard you try. "One day I complained about the

Krugman Watch: the estate tax abolition

2000-06-15 Thread Jim Devine
June 14, 2000 / New York TIMES RECKONINGS / By PAUL KRUGMAN Death and Taxes (long ellipsis) PK discusses the recent US Congressional phased-in abolition of the estate tax, a tax that only hits the very rich. It has not yet been ratified by the Senate. PK concludes: But if you believe

he Internet Anti-Fascist: Friday, 12 May 2000 -- 4:40 (#421)

2000-06-15 Thread Paul Kneisel
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Re: Krugman Watch: the estate tax abolition

2000-06-15 Thread Joel Blau
This column is the linear descendant of articles such as "The Rich, The Right, and The Facts," which nailed the right on growing inequality when Krugman wrote it for The American Prospect five or six years ago. But as always when he tilts liberal, one gets the feeling that the latent

Re: Re: Re: Psychology: Physics Envy or Lit-CritEnvy

2000-06-15 Thread Doyle Saylor
Greetings Economists, Carrol Cox writes in brief, Carrol, No, you can't "see" or "touch" any relation, even (say) the relation of your hand to your spoon as you stir your coffee. So? Doyle While a little off topic, there is a relationship between what you are saying above about "see" or

Re: Re: Re: Re: Re: Re: My Take on Competition

2000-06-15 Thread Anthony D'Costa
IP can raise the profit rate, complementing the weakness of labor. But what is IP? It is an institutional arrangement to appropriate "knowledge" for capitalists' gain. IP is directly related to technological change, a process which in cumulative fashion pushes for more IP. The reason is

Re: Re: My Take on Competition

2000-06-15 Thread Michael Perelman
First of all, I want to thank everybody who has responded to this. It has been very useful to me. There are enormous differences in the rate at which IP information dissipates. Copyrights now last 70 years. Patents, 20. Patents used to be given for processes in the production of chemicals,