Financial Times; Aug 26, 2003
COMMENT: A modest proposal for China's renminbi
By Morris Goldstein and Nicholas Lardy
The current debate on the renminbi exchange rate is appropriate given
China's role as a leading economic and trading power. But the debate has
become so politicised that crucial
Lou Proyect wrote:
It is not just colonialism that gets short
shrift; it is slavery as well.
If I were committed to the Brenner thesis,
I'd try to rebut the kind of analysis put forward by Eric Williams in
Capitalism and Slavery. He earns only a footnote reference, as one of a
group of Marxist
Would the Chinese have a chance at succeeding if they took some of their
dollar inflow and invested it elsewhere? I know that the Japanese did not
do so very well, buying overpriced US real estate.
Also, could they take care of the hot money problem by instituting a
waiting time before money
Ralph:
Although I don't supply a reference, I would be astonished if Brenner and
Wood did not recognize the very important contribution of slavery to the
development of industrial capitalism, in substantially the form that you
have been laying out.
Since I regard the Southern slaves as a
I think Tom Brass's work on deproletarianisation and unfree labour is
relevant here (cf/eg):
'... Brass (1990, 1992, 1997a) and Miles (1987) take an opposing view that
unfree relations are compatible with capitalism, comprising part of
capitalists' assault on the autonomy and wages of labour.
Some PEN-L er mentioned:
It is also thoroughly consistent, by the way, with the
painstaking documentation laid out by E.P. Thompson in
The Making of the English Working Class.
***
Can anybody help me find an online copy of Thompson's
article concerning time, work-discipine and the
Hello All,
Michael responds,
The list costs me nothing, but some people -- especially those outside of
the US
-- pay a great deal to use the net.
Doyle,
Well costs can appear in many ways which restrict access to information. It
is true that some people such as Lou also pay for the volume of
Hello All,
I saw American Splendor yesterday. I enjoyed reading Pekar in the eighties
in part because he focused on working class world I was embedded in, the
file clerk in a big corporation, and that Pekar both felt he was a
socialist, and a realist in his work.
The biggest problem for the
US officials this week (...) acknowledged the surging financial cost of
military operations and of rebuilding Iraq, with an estimated $US4 billion
spent each month on the military alone [Rumsfeld's estimate is US$3.9
billion a month]. Paul Bremer, the US administrator for Iraq, warned last
week
I wrote:
The United States accounts for more than half the total value of arms
transfer agreements with the Near East during the 1993-2000 period,
somewhere around US$55.
That should be:
US$55 billion (this is a guesstimate indicating the order of magnitude, not
a precise figure, but somewhere
http://www.ilo.org/
Study: Americans Most Productive Workers
By ALEXANDER G. HIGGINS
The Associated Press
Monday, September 1, 2003; 3:38 AM
GENEVA - The U.S. worker is the most productive in the world, boosted by
the use of new information and communication technologies, according to a
study
http://www.showtimeonline.com/movies/movies_product.cfm?titleid=119354
http://www.villagevoice.com/issues/0335/hoberman.php
While scholarly literature has documented the political gains made by
freedmen during Reconstruction such as the right to run for office, the
focus in this article will be on social and economic criteria since the
term bourgeois-democratic revolution does after all address class
relations in
http://www.neweconomics.org/gen/
IMMINENT FIRST WORLD DEBT CRISIS WORSE THAN 'THIRD WORLD'
ECONOMY REACHING 'TIPPING POINT' - MIDDLE CLASS CONSUMERS WILL CARRY THE
CAN FOR FINANCIAL COLLAPSE
A new annual report on the global economy published by nef today, Monday
September 1st, predicts that
The workers of the world are ruled and fooled by
shysters and, it would seem from this information,
American workers are the biggest fools of all. Ah but
that's the wages system for you. A fair day's wage,
indeed. Where does the wealth and (by extension)
political power go when workers go home
of course, it's not really Labor Day today. That's on May 1.
Jim
-Original Message-
From: Mike Ballard [mailto:[EMAIL PROTECTED]
Sent: Mon 9/1/2003 12:52 PM
To: [EMAIL PROTECTED]
Cc:
Subject: Re: [PEN-L] labor stats.
Right on. . .here's more on the history of labor day. . .
http://uts.cc.utexas.edu/~rjensen/vol2no4/labor10124.htm
I'm new to this list. Brian McKenna, jounalist, Marxist and revolutionary
Hmmm. Here's something new. For us furiners, the showtime URL Sabri gave is
intercepted by a lockout page with the following text:
We at Showtime Online express our apologies; however, these pages are
intended for access only from within the United States.
Just posted to my radio archive
http://www.leftbusinessobserver.com/Radio.html:
August 28, 2003 return after vacation, blackout, and fundraising
pre-emptions: Michael Albert on Parecon (participatory economics) *
Christian Parenti on his visit to Iraq [Albert will soon be joining
the lbo-talk list
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