ALWAYS, ALWAYS, ASK. It's the most important function of any discussion.
No such thing as too basic a question.
dms
> > PS: To Michael Perelman: Lurkers may be here to learn! As me. I
appreciated very much "the naive" economic questions from - I think Mike B -
who received
> > expert tuition i
Kurt Waldeheim?
- Original Message -
From: "Michael Perelman" <[EMAIL PROTECTED]>
To: <[EMAIL PROTECTED]>
Sent: Sunday, December 21, 2003 5:26 PM
Subject: [PEN-L] something new???
> Is Qadhafi the first person in US history to make the transition from
> demon to statesman? Usually, it go
Not that this is worth belaboring, but clearly the author of this passage is
not referencing aboriginal societies as he bases his conclusions on an
investigation of diaries, pediatric, and pedagogical literature.
Even then, I think it is safe to assume he means European and
European-derived diarie
Measuring the Measures:
Here's where the economy was 3 months ago: WSJ 9/8:
US
manufacturing capacity mid1995-2000 grew by one third, largestincrease
in 50 years.However, since 2001, paper, textile, metals industries have
closed so manyplants, capacity is back to 1995 levels.1999-200
According to BLS: Losses in manufacturing and transportation. Gains in
finance, construction, and professional and business services.
Stock market bubble? Dead cat bounce is more like it, which doesn't mean you
can't make money in it.
I think the US is really about to drop into the double of th
Fine with me. I have no interest in discussing the vicissitudes of
contracts and every interest in the dynamic disequilibrium of capital.
dms
National Security Archive has just released a "Saddam Hussein Sourcebook"
at:
http://www.gwu.edu/~nsarchiv/special/iraq/index.htm
dms
Before we go too much further down this dusty trail:
I have no idea what such societies will look like and how they will
regulate themselves.
But I do know that the notion of contract is based on private property--
the contradiction between private property and social necessity.
I do know tha
PEN-L] Fidel Castro on unequal exchange
> - Original Message -
> From: "dmschanoes" <[EMAIL PROTECTED]>
>
>
>
> =
> > What, if anything, would/could replace contract law in the society/ies
> of
> > the future?
> >
> > Inquiring min
=
> What, if anything, would/could replace contract law in the society/ies of
> the future?
>
> Inquiring minds want to know.
>
> Ian
_
In a word: soviets
dms
>
>From the Financial Times, Dec 10 2003
Petroleos Mexicanos (Pemex):
Pemex has a monopoly in a country where oil can be produced for as little as
$2.50 a barrel and solf for more than $24, yet it consistently records
losses.
But at a rate of profit of about 1%. Brother Melvin P refers frequently to
this self-devaluation of capital-- that it is exactly what the falling rate
of profit is/does.
dms
- Original Message -
From: "Mike Ballard" <
>
In 1998, costs of production for oil reach an historic low (even below the
1949 level). I think it was $2.49 or so a barrel. Of course 1998 saw spot
prices break below 12 and 11 all the way down to $10/barrel.
This occurs after about 10 years of low single digit rate of returns in
production whi
- Original Message -
From: "Mike Ballard" :
> Thanks for your explanation.
--
You are welcome. Unequal exchange is an enduring, inherent feature of
capital, present in all its rotations, not just those between developed and
less-deve
It's always troubled me that during every century, capitalism has killed
millions and millions of people in the pursuit of profit. Capital couldn't
care less about the "intelligence" of the dead and neither should we.
dms
Short answer? Or long answer?
Short answer: ask the hundreds of women missing from the Ciudad Juarez and
other maquilladora areas.
Longer answer: The interesting thing about this report is that it does NOT
abstract the economic indicators of the Nafta "boom" from the preceding
economic condit
No, that's not it at all. This is a function of the organic composition of
capital, and the dramatic reduction in production time, and production
labor-time that the bourgeoisie have been able to impose since 1973.
At the same time, the acccounting, managing, and marketing functions become
every
Well yes, there's data and then there's good data and the BEA utilizes
offsets so that changes in depreciation figures triggered by tax credits are
zeroed out of the profit sum.
In addition, the BEA and other sub-groups of the Dept. of Commerce report
corporate profits before and after taxes, with
And it does. Make you dumb, I mean. Designed for salespeople pitching
products, advertising previews, Powerpoint's use in technical/analytic
presentations is the destruction of content by form.
Preparing for a conference on railroad operations, the corporate
communications department tried to ins
As a first offering
On this question, and indeed the current and recent conditions of US
capital-- the "economy" or rather, the Economy
1. Certainly there has been a defensiveness regarding Keynes, this
the reflection of capitalism's ability to more than survive, but recover,
recuperate
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