>
Rakesh Bhandari wrote:
remember there are no nation states in Marx's theory; he begins with
capital as a global social relation
Which is a bit of a problem, because currencies are national, states
are national, and markets in the larger countries are still largely
national (around 90% in t
G'day Doug'n'Jim,
Sez Doug:
> Must dissent here. The confidence numbers are a good leading
> indicator of the bizcycle. They generally bottom about 3 months ahead
> of the cyclical trough (and top out about 1-2 months ahead of the
> peak). And the confidence numbers themselves - at least the
> C
This is a very relevant question for New Zealand. Our textile, clothing and
footwear (TCF) industry has been reduced from 40,000 to 20,000 workers over a
decade, largely as a result of tariff cuts. Many of the remainder are at risk of
being sacrificed to a FTA currently being negotiated with Hong
Bill Burgess writes: >I wondered about Jim D. not including circulating
constant capital (basically materials) in explaining the change in the ROP,
especially since this is an area there have been productivity gains.<
I wrote: >>shouldn't an improvement in inventory management techniques help
lab
Devine, James wrote:
>I answered, adding some comments [in brackets]:
there's a difference between (1) the problem of stagnant or falling
>incomes and wealth limiting consumption and (2) the issue of consumer
>confidence. The former refers to objective barriers, while the latter
>refers to
Max B. Sawicky wrote:
>No nation's trade policy can be controlled by a labor movement unless
>that movement is united on a national level.
But no national union movement can be strong unless it has strong
cross-border alliances. That's not dreamy lefty rhetoric, Max, that's
very practical poli
Carl Remick wrote:
>In that respect, I think the soft underbelly of the free-market
>position would be lack of transparency that contributed to the
>magnitude of the Enron collapse. But, Doug, you've seemed reluctant
>in the past to identify this as a key issue -- e.g., I recall your
>commen
Pen-l folks may be interested in the following.
Seth Sandronsky forwarded a letter that said: >I have continued enjoying
your [Seth Sandronsky's] articles on commondreams.org since the last time I
wrote to you. Your latest article, "An Undertow of Underconsumption,"
discussed the spending slow
>Rakesh Bhandari wrote:
>
>>remember there are no nation states in Marx's theory; he begins
>>with capital as a global social relation
>
>Which is a bit of a problem, because currencies are national, states
>are national, and markets in the larger countries are still largely
>national (around 9
I wondered about Jim D. not including circulating constant capital
(basically materials) in explaining the change in the ROP, especially since
this is an area there have been productivity gains. Jim wrote
>shouldn't an improvement in inventory management techniques help labor
>productivity and
Inside corporate America
Time to cry for Argentina
There are few tears from the IMF when a South American economy dies, but the
latest cut, cut, cut reforms are the unkindest of all
Gregory Palast
Observer
Sunday August 12, 2001
The news last week in South America was that Argentina had died,
Rakesh Bhandari wrote:
>remember there are no nation states in Marx's theory; he begins with
>capital as a global social relation
Which is a bit of a problem, because currencies are national, states
are national, and markets in the larger countries are still largely
national (around 90% in th
At 10:38 PM 12/29/2001 +0100, you wrote:
>As long as dollar remains the planetary account unit of debt, floating
>currencies remain more effective than a TT associated to a steady exchange
>rate that would be as disastrous to Europe as it has been to Argentina.
>
>Regards,
>
>Romain Kroës
>
>
T
In my opinion, the main weakness of the argument against an unilateral
implementation of TT lies in the implicit hypothesis that speculation gets the
power to govern and to move monetary flows. But such is, too, the weakness of TT
which is to fight speculation in order to stabilize exchange
Some thoughts based on the AP article and what I saw last night on the
streets:
It is true that people are pissed off about the banks situation, especially
middle class floks. It is also true that the banking situation was a
detonant of last night's protests. However, on an equal footing to pe
oops i meant the afl cio has written FOR restrictive technology
transfer policy.
rb
>
>no it does not. you want others to share in textiles but the us
>"super 301s" those who want to share in computers or aircraft; the
>afl cio has actually written against restrictive technology transfer
>wh
max wrote:
>
>mbs: then you're screwed. or somebody is screwed. but in general
>there are no binaries, but more and less-plausible approaches. So
>you find the one that allows for progress among all that is the
>most plausible, or the least implausible.
ok agreed.
>
>
>mbs: the notion of
Two of the local right-wing "free market" type pols
are big recipients of subsidies for their rice
operations.
tim
--- Michael Perelman <[EMAIL PROTECTED]>
wrote:
> The scandal of the subsidies includes the fact that
> many of the "farmers"
> are not farmers at all; and that many of them
> artifi
> What's fair and what is practical are not
>necessarily the same.
What if what's practical does not allow progress for all workers?
mbs: then you're screwed. or somebody is screwed. but in general
there are no binaries, but more and less-plausible approaches. So
you find the one that allows
On Saturday, December 29, 2001 at 10:57:55 (-0800) Rakesh Bhandari writes:
>Bill L writes:
>>
>>Wouldn't the foundation of this be full employment policies, say, as
>>proposed by Jamie Galbraith?
>
>But what if the available full employment policy is the export of
>unemployment? ...
Most distast
Bill L writes:
>
>Wouldn't the foundation of this be full employment policies, say, as
>proposed by Jamie Galbraith?
But what if the available full employment policy is the export of
unemployment? galbraith has got his accomodating fed but deficits
perhaps only 1/5th as big as he would like.
Max writes:
>
>Is there some abstract, ethical distribution of capital? What if
>there was? It wouldn't matter. One should ask, instead, what sort
>of working class activity moves in the right direction. I would
>suggest everything that brings capital under more democratic control--
>that reg
Transparency is a big problem for free-marketeers.
It is clearly a constituent part of efficiency, but
its pursuit in the real world affronts corporations
and leads some conservatives to defend lack of transparency
as a property right. Asymmetric information is of course
a major topic for Stiglit
DH: >>My soundbite is protect the worker, not the job,
Welcome, fellow congregants. Today's sermon follows.
There are good reasons to favor:
refundable tax credits over minimum wage
cash transfers over rent control
dislocated worker benefits over import restrictions
cash transfers rather tha
Carl Remick wrote:
>
>
> >
> >If you're going to fight an ideological opponent, you should have
> >some sense of what the opponent thinks.
> >
> >Doug
>
You fight an ideological opponent by striving to change the reality
which generates the ideology, which is the spontaneous reflection in
hu
>Max Sawicky wrote:
>
>>The mere fact of a company failing,
>>even a large one, is not a market failure.
>
>I'm away on an inter-holiday retreat, and only sporadically checking
>email, so someone else may have made this point already. No free
>marketeer would ever regard a big failure as an indict
The Times of India
WEDNESDAY, DECEMBER 26, 2001
China completes first tunnel on Qinghai-Tibet railway
BEIJING: In a remarkable engineering feat, China has successfully connected
two sections of the first railway tunnel of the strategic Qinghai-Tibet
Railway in a period of six months.
The tunne
Rakesh Bhandari wrote:
>After this last post, I retract all criticism of Doug regarding
>trade issues. He returned my vinegar with honey. He has thought
>hard and long about the problems that we are facing.
Thank you. A seasonally appropriate bit of peacemaking is always gratifying.
>And I
Doug writes:
> Your argument is with someone else, not me.
Just to say it again: you are right, and I am wrong.
Rakesh
After this last post, I retract all criticism of Doug regarding trade
issues. He returned my vinegar with honey. He has thought hard and
long about the problems that we are facing. And I do benefit from his
perspective that begins as always with the class struggle at home.
All the best, Rakes
Rakesh Bhandari wrote:
>>>Aside from that, don't U.S. textile and apparel workers deserve
>>>some sort of attention?
>
>that's not the question; they get attention embodied in protective
>law. And, excuse me, is that a question at all or is it an
>accusation? Are you implying that I (with tha
Rakesh Bhandari wrote:
>>Aside from that, don't U.S. textile and apparel workers deserve
>>some sort of attention? My soundbite is protect the worker, not the
>>job, but I'd like to hear what you think should happen to
>>disemployed workers in this sector, who are disproportionally
>>nonwhite
Rakesh Bhandari wrote:
>the timing suggests that the problem is the recession in which us
>based plants are having difficulty holding market share, no?
Yup. But you'd asked, not without a touch of suspcion, where the
numbers came from, and I was answering.
Doug
yes, that would certainly help.
On Sat, Dec 29, 2001 at 06:33:57AM -0600, William S. Lear wrote:
> On Friday, December 28, 2001 at 20:35:07 (-0800) Michael Perelman writes:
> >Part of the question seems to be how do you organize in the absence of
> >international solidarity? In short, how do you
From the latest ATTAC newsletter c/o
http://attac.org
Comments and criticisms welcomed.
Chris Burford
London
Is it possible to implement the Tobin tax in Europe
alone?
By Prof. Dr. Jörg Huffschmid, University of Bremen
Preliminary remark
The following text is not dedicated to the que
On Friday, December 28, 2001 at 20:35:07 (-0800) Michael Perelman writes:
>Part of the question seems to be how do you organize in the absence of
>international solidarity? In short, how do you make Cambodian wages move
>up instead of US wages moving down? Wouldn't the center of gravity of a
>co
News..From..War..on..Want
http://www.waronwant.org/tobin/update4.htm
Tobin Tax Update
Winter 2001-2002
A digest of news and action for the UK campaign for a tax on currency
speculation
Gordon Brown warms to Tobin tax
British Chancellor Gordon Brown has responded positively to growing
domes
Fresh Money Protests in Argentina
By Kevin Gray
Associated Press Writer
Saturday, December 29, 2001; 2:56 AM
BUENOS AIRES, Argentina -- Riot police fired barrages of tear gas and
rubber bullets early Saturday at rock-throwing demonstrators as a
large but peaceful protest against government aust
Unions Step Up Their Services After Layoffs
AFL-CIO Building Used As Temporary Jobless Center
By Kirstin Downey Grimsley
Washington Post Staff Writer
Saturday, December 29, 2001; Page E01
Video production editor Fritz Flad, 34, was taken aback last month
when his boss called him into the office
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