Lenin Conference

2000-08-23 Thread Charles Brown
[EMAIL PROTECTED] 08/22/00 04:53PM Charles Brown wrote: So what do you think of Lenin ? Sometimes interesting writer. Important historical figure, long dead. Not of much relevance to politics in an OECD country in the year 2000. ((( CB: Sounds like you won't have much to say

Jamie Galbraith on Long Term Capital Management

2000-08-23 Thread Michael Perelman
This short book review also touches on our discussion of the Pareto distribution. It is readable, nontheless, for non-economists. http://www.washingtonmonthly.com/books/2000/0009.galbraith.html -- Michael Perelman Economics Department California State University Chico, CA 95929 Tel.

increasing profit rates

2000-08-23 Thread Michael Perelman
If you were to estimate what caused the increasing rate of profit during the last decade, how much credit would you give to weakening unions globalization lower environmental/regulatory standards financial shenanigans (i.e., manipulating pensions) new technology better management -- Michael

RE: increasing profit rates

2000-08-23 Thread Lisa Ian Murray
If, in the US, then If you were to estimate what caused the increasing rate of profit during the last decade, how much credit would you give to weakening unions [8%] globalization[6%] lower environmental/regulatory standards [4%] financial shenanigans (i.e., manipulating pensions)

Re: RE: increasing profit rates

2000-08-23 Thread michael
Ian, you win the prize. If, in the US, then If you were to estimate what caused the increasing rate of profit during the last decade, how much credit would you give to weakening unions [8%] globalization[6%] lower environmental/regulatory standards [4%] financial

RE: RE: increasing profit rates

2000-08-23 Thread Max Sawicky
weakening unions [8%] globalization[6%] lower environmental/regulatory standards [4%] financial shenanigans (i.e., manipulating pensions) [30%] new technology [15%] better management [37%] please tell me I'm wrong, Ian o.k. You're wrong. Lower standards implies that there

RE: RE: RE: increasing profit rates

2000-08-23 Thread Lisa Ian Murray
The rest, including technology, is guesswork, IMO. mbs === What would need to happen to get adequate metrics for the other factors? Ian

RE: Re: RE: increasing profit rates

2000-08-23 Thread Lisa Ian Murray
lower environmental/regulatory standards [4%] Max, I guessed at this being above zero on the odds that firms litigate their way to exemptions which have a cumulative effect of hollowing out enviro. regs. despite their being formally on the books. Ian

Re: increasing profit rates

2000-08-23 Thread Jim Devine
At 08:05 AM 8/23/00 -0700, you wrote: If you were to estimate what caused the increasing rate of profit during the last decade, how much credit would you give to weakening unions globalization lower environmental/regulatory standards financial shenanigans (i.e., manipulating pensions) new

Re: Lenin Conference

2000-08-23 Thread Doug Henwood
Charles Brown wrote: [EMAIL PROTECTED] 08/22/00 04:53PM Charles Brown wrote: So what do you think of Lenin ? Sometimes interesting writer. Important historical figure, long dead. Not of much relevance to politics in an OECD country in the year 2000. ((( CB: Sounds like you

Re: Re: Lenin Conference

2000-08-23 Thread Louis Proyect
Well I think the point is talking about not Lenin as Lenin in 1906 or 1920, but what a "Lenin" might be like today - someone who could take Marxism and make a practical transformative politics out of it. I suspect that were Lenin alive today, he'd look at your average Leninist formation and

Re: increasing profit rates

2000-08-23 Thread Doug Henwood
Michael Perelman wrote: If you were to estimate what caused the increasing rate of profit during the last decade, how much credit would you give to weakening unions globalization lower environmental/regulatory standards financial shenanigans (i.e., manipulating pensions) new technology better

Re: Re: increasing profit rates

2000-08-23 Thread Louis Proyect
From Douglas Dowd's newly published "Capitalism and its Economics: a critical history" (Pluto Press): "One need not be enamored of corporate profits to believe that within the framework of a capitalist economy profits going to those involved in production are more likely to be positive for the

Re: RE: RE: RE: increasing profit rates

2000-08-23 Thread Doug Henwood
Lisa Ian Murray wrote: The rest, including technology, is guesswork, IMO. mbs === What would need to happen to get adequate metrics for the other factors? I've just been reading some papers estimating the contribution of trade to widening wage inequality. The estimates range from 2%

RE: increasing profit rates

2000-08-23 Thread Eric Nilsson
Behind high profits are low real wages for most categories of production workers (during a period of good economic growth). These low real wages are the product of – in part – a changed cultural landscape. This, in turn, was consciously created by firms and their friends in the 1970s and 1980s.

Re: Re: Re: Lenin Conference

2000-08-23 Thread Doug Henwood
Louis Proyect wrote: Well I think the point is talking about not Lenin as Lenin in 1906 or 1920, but what a "Lenin" might be like today - someone who could take Marxism and make a practical transformative politics out of it. I suspect that were Lenin alive today, he'd look at your average

Re: Lenin Conference

2000-08-23 Thread Charles Brown
[EMAIL PROTECTED] 08/23/00 01:13PM Sometimes interesting writer. Important historical figure, long dead. Not of much relevance to politics in an OECD country in the year 2000. Well I think the point is talking about not Lenin as Lenin in 1906 or 1920, but what a "Lenin" might be like

Re: Re: Re: Re: Asset ownership by type in Yugoslavia, 12/31/1995

2000-08-23 Thread J. Barkley Rosser, Jr.
Lou, That sounds about like what I would have expected. Thanks. Barkley Rosser -Original Message- From: Louis Proyect [EMAIL PROTECTED] To: [EMAIL PROTECTED] [EMAIL PROTECTED] Date: Tuesday, August 22, 2000 7:06 PM Subject: [PEN-L:735] Re: Re: Re: Asset ownership by type in

Re: Re: Re: Asset ownership by type in Yugoslavia, 12/31/1995

2000-08-23 Thread J. Barkley Rosser, Jr.
Lou, Too bad about the second, because it is probably more useful. The asset number is in fact pretty useless. The valuation of state-owned assets is pretty arbitrary. This has little to do with Hayek. BTW, of course I hope you appreciate the irony that a good chunk of that state

Re: Re: Re: Re: Asset ownership by type in Yugoslavia, 12/31/1995

2000-08-23 Thread Louis Proyect
BTW, of course I hope you appreciate the irony that a good chunk of that state sector is probably worker managed co-ops of some sort, although their current nature is indeed an open and important issue. As you well know, although more recent arrivals to this list may not, the archives of

Re: Re: Re: Private versus public ownership in Yugoslavia, 1996

2000-08-23 Thread J. Barkley Rosser, Jr.
Let me add to this regarding the size of the underground economy in some of the former Yugoslav republics (I don't have data for this on FRY). Actually Slovenia probably has one of the lowest relative sizes of such an economy among any of the former socialist bloc in Europe. There are two

Re: Re: Re: Lenin Conference

2000-08-23 Thread Carrol Cox
Louis Proyect wrote: Yes, but the most bedraggled, deranged, jargon-spouting sect has more in common with Lenin than this conference. Oh, come now Lou. You probably know Draper's essay on Lenin rather better than I do -- and the kind of distortions he identifies as being made by Lenin's

Re: Re: Re: Re: Lenin Conference

2000-08-23 Thread Louis Proyect
Oh, come now Lou. You probably know Draper's essay on Lenin rather better than I do -- and the kind of distortions he identifies as being made by Lenin's anti-communist critics are *also* the kind of distortions that many a "bedraggled, deranged, jargon-spouting sect" makes. I have no idea what

Re: Re: Re: Re: Lenin Conference

2000-08-23 Thread Jim Devine
At 02:53 PM 8/23/00 -0500, you wrote: It reminds me of Avakian back at the 1969 SDS National Convention proudly proclaiming "I'm a Stalinist," meaning nothing more than "Look at me! I'm a big deal! I'm a real revolutionary!" hey, his father was a US circuit-court judge! that's a hard act to

Re: Jamie Galbraith on Long Term Capital Management

2000-08-23 Thread J. Barkley Rosser, Jr.
Actually, I recently read something by Scholes where he admitted the importance of the normal distribution assumption and admitted that it does not hold. After initially following Mandelbrot to advocate the asymptotically infinite variance Pareto-Levy distribution, Fama later did some

Re: Re: Re: Re: Re: Lenin Conference

2000-08-23 Thread michael
Was he elevated? Last I heard he was a judge in juvenile court in Alemeda County, but that was back in the 70s. At 02:53 PM 8/23/00 -0500, you wrote: It reminds me of Avakian back at the 1969 SDS National Convention proudly proclaiming "I'm a Stalinist," meaning nothing more than "Look

return to the fold

2000-08-23 Thread Peter Dorman
I'd like to reintroduce myself, having left pen-l for the six months I've been on the road. Some of that time was spent in Geneva, where I developed a program in the economics of occupational safety and health for the ILO. Out of that came a paper on the topic, which has some material that

Re: Re: Re: Re: Re: Re: Lenin Conference

2000-08-23 Thread Jim Devine
maybe I made a mistake. After all, with his son Bob single-handedly leading the World's Workers to Revolutionary Victory, I just assumed that Judge Avakian was hot stuff, if not on the Supreme Court. At 01:20 PM 8/23/00 -0700, you wrote: Was he elevated? Last I heard he was a judge in

Market socialism: was Re: Re: Asset ownership by type inYugoslavia, 12/31/1995

2000-08-23 Thread Stephen E Philion
On Wed, 23 Aug 2000, Louis Proyect wrote: What I am opposed to is a form of utopian socialism that gained wide acceptance among the left academy in the late 80s called 'market socialism'. This ideology suggested that by the universal extension of Mondragons, plywood cooperatives, employee

Jiang: anti-reform Maoism = feudal remnant to be desrtoyed (fwd)

2000-08-23 Thread Stephen E Philion
SCMP Exterminate foes of reform: Jiang VIVIEN PIK-KWAN CHAN President Jiang Zemin has ordered that anti-reform leftist forces be "exterminated at the budding stage" like other destructive forces. Mr Jiang had

Re: Market socialism: was Re: Re: Asset ownership by type in Yugoslavia, 12/31/1995

2000-08-23 Thread Louis Proyect
Actually this was a small part of the market socialists agenda, kind of the wrapping of a package whose cantents (and substance) was (much) more concerned with the agenda of rationlizing the subjection of public owned enterprises (or cooperatives) in socialist countries to market competition in a

Re: Market socialism: was Re: Re: Asset ownership by typein Yugoslavia, 12/31/1995

2000-08-23 Thread Stephen E Philion
Airlines, etc. there could be a transition to socialism. Actually this was a small part of the market socialists agenda, kind of the wrapping of a package whose cantents (and substance) was (much) more concerned with the agenda of rationlizing the subjection of public owned enterprises

Re: Re: Re: Jamie Galbraith on Long Term Capital Management

2000-08-23 Thread J. Barkley Rosser, Jr.
Jim, After. Quite recent, actually, but I don't remember where I saw it, actually. Some very recent journal article, I think. Yeah, so, duuh.. Barkley -Original Message- From: Jim Devine [EMAIL PROTECTED] To: [EMAIL PROTECTED] [EMAIL PROTECTED] Date: Wednesday,

Re: Re: Re: Re: Re: Lenin Conference

2000-08-23 Thread Michael Perelman
I hope that this "humor" can remain congenial. Louis Proyect wrote: Oh, come now Lou. You probably know Draper's essay on Lenin rather better than I do -- and the kind of distortions he identifies as being made by Lenin's anti-communist critics are *also* the kind of distortions that many a

more on Merton Scholes

2000-08-23 Thread Jim Devine
while we're on the subject, I hope that people can read the attachment. Ig.doc Jim Devine [EMAIL PROTECTED] http://bellarmine.lmu.edu/~jdevine

Re: Re: Lenin Conference

2000-08-23 Thread Louis Proyect
Michael Perelman wrote: I hope that this "humor" can remain congenial. Just laughing to keep from crying. Louis Proyect Marxism mailing list: http://www.marxmail.org/

What Lenin really stood for

2000-08-23 Thread Louis Proyect
The next time you run into one of our latter-day "Marxist-Leninists" who trace their lineage to the historic split between the Bolsheviks and the Mensheviks in the Russian Social Democracy, give them a little quiz. Ask them to identify the authors of the following 2 opposing motions around which

Historical Materialism

2000-08-23 Thread Michael Perelman
I was asked to forward this. If it appeared already -- it might have -- I apologize. JOURNAL ANNOUNCEMENT: PLEASE DISTRIBUTE TO FRIENDS, COLLEAGUES AND MAILING LISTS Historical Materialism: research in critical marxist theory "Historical Materialism is already among the most highly regarded

welcome back Peter Dorman

2000-08-23 Thread Michael Perelman
Peter, I found this on the web, but the people in Washington said that they knew of no international comparisons. Is this information correct?: According to the latest available figures from the National Census of Fatal Occupational injuries, 6,218 workers were killed in 1997, up from 6,112 the

RE: welcome back Peter Dorman

2000-08-23 Thread Eric Nilsson
Michael wrote, According to the latest available figures from the National Census of Fatal Occupational injuries, 6,218 workers were killed in 1997, up from 6,112 the year before. More recent data (for 1999) now at http://stats.bls.gov/news.release/cfoi.toc.htm LA Times recently (within last 2

Nader's Racial Blindspot

2000-08-23 Thread Jim Devine
Forwarded from: "Wade Hudson" [EMAIL PROTECTED] Ralph Nader's Racial Blindspot by Vanessa Daniel, special to COLORLINES magazine and www.colorlines.com In his speech at the Republican National Convention, General Colin Powell spoke boldly to racial issues, telling a somewhat alarmed audience

Re: welcome back Peter Dorman

2000-08-23 Thread Peter Dorman
Yes and no. The CFOI (Census of Fatal Occupational Injuries) is a more credible source of data than we had previously, but it still undercounts by at least 10%. The real problem, however, is that approximately 9 in 10 occupationally-caused deaths in the US are caused by disease, not injury --

Re: RE: welcome back Peter Dorman

2000-08-23 Thread Peter Dorman
A radical change is taking place in construction. You may remember (or think you remember) it as an exclusive, aristocracy-of-labor operation, staffed by unionized ethnics out to beat up blacks and hippies. Today it is largely nonunion, poorly trained (the breakdown of the apprenticeship

Re: Re: welcome back Peter Dorman

2000-08-23 Thread Doug Henwood
Peter Dorman wrote: fatal injuries are procyclical So is productivity - because, among other reasons, workers are worked harder as growth accelerates. This is what "working harder" means, I guess. Doug

Re: Re: RE: welcome back Peter Dorman

2000-08-23 Thread Doug Henwood
Peter Dorman wrote: A radical change is taking place in construction. You may remember (or think you remember) it as an exclusive, aristocracy-of-labor operation, staffed by unionized ethnics out to beat up blacks and hippies. Today it is largely nonunion, poorly trained (the breakdown of the

Re: Re: Re: RE: welcome back Peter Dorman

2000-08-23 Thread michael
I recall that Robert Gordon wrote about this mystery back in the 1970s. He made the case that the decline did not seem to be grounded in the realities of the industry. Peter Dorman wrote: A radical change is taking place in construction. You may remember (or think you remember) it as an

Re: Re: Re: RE: welcome back Peter Dorman

2000-08-23 Thread Peter Dorman
Not so mysterious, I think. This is not a cyclical question, but a product of the transformation of the industry. Deunionization and deskilling should lead to both lower productivity and more human misery. Peter Doug Henwood wrote: Peter Dorman wrote: A radical change is taking place in

The Internet Anti-Fascist: Wednesday, 23 Aug 2000 -- Special #459

2000-08-23 Thread Paul Kneisel
--- Sponsor's Message -- **WIN A TRIP TO HAWAII** Every time you send a FREE ZingCard from now until September 11, 2000 you will be entered to win a trip to Hawaii. http://click.topica.com/yzbz8SnrbAjwjxa/Zing

ASIA: Economy recovers, bound and gagged

2000-08-23 Thread Stephen E Philion
Australian Green Left Weekly ASIA: Economy recovers, bound and gagged East Asia used to be the Fred Astaire of the world economy until, on a dark night in 1997, it was mugged by the combined crunch of Wall Street currency speculators and the International Monetary

Re: welcome back Peter Dorman

2000-08-23 Thread enilsson
Peter wrote, Not so mysterious, I think. This is not a cyclical question, but a product of the transformation of the industry. Deunionization and deskilling should lead to both lower productivity and more human misery. But hasn't deunionization/deskilling been happening in construction

construction slowdown

2000-08-23 Thread Michael Perelman
Note the date on my note that follows. Baily, Martin Neil. 1982. "The Productivity Growth Slowdown by Industry." Brookings Papers on Economic Activity, No. 2: pp. 423-59. 434: Construction industry is a mystery. If construction output and the labor input in that industry were removed from

Re: Re: Jamie Galbraith on Long Term Capital Management

2000-08-23 Thread Jim Devine
At 03:56 PM 8/23/00 -0400, you wrote: Actually, I recently read something by Scholes where he admitted the importance of the normal distribution assumption and admitted that it does not hold. was this before or after the Long-Term Capital Managment debacle? Jim Devine [EMAIL PROTECTED]

Slavoj speaks

2000-08-23 Thread Doug Henwood
All you Zizek fans in NYC, Slavoj is offering "A Plea for Lacanian Fundamentalism," Thursday Sept 14, 8 PM, at the Wolffe Conference Room, the New Schol, 65 Fifth Ave (at 14th St), 2nd floor. Doug