Politicians almost invariably disappoint me, failing to meet even my new
expectations. Kirschner may be an exception.
--
Michael Perelman
Economics Department
California State University
Chico, CA 95929
Tel. 530-898-5321
E-Mail michael at ecst.csuchico.edu
Michael - There are mixed signals. Some officials said they would use
reserves to make payments, some said they would under certain
conditions, some said they would make their September payment, but not
October, etc. See, e.g.,:
http://www.upi.com/view.cfm?StoryID=20020924-033746-5194r
If you
Here is the thing Michael,
It is not a matter of agreeing or disagreeing. I live quite
peacefully with many people I disagree with and indeed am known
by many as quite a gentle person.
Here is what I heard from someone when I defended Michael
Pugliese the other day, when that person, also a
Chris writes:
As the petering out of Argentinean revolutionary
hopes now shows. So much for revolutionary bravado
that fails to look at the actual balance of
forces. Demoralising and demobilising
My Friend,
I told you once, I am telling you for the second time: your style
is annoying and
Chris Burford:
As the petering out of Argentinan revolutionary hopes now shows. So much
for revolutionary bravado that fails to look at the actual balance of
forces. Demoralising and demobilising.
What in the world are you talking about? There has been little evidence in
Argentina of support
Sabri Oncu
I am offended that you address me as My friend and sign your letter
love (or as on another list, hugs), when you say you usually try to
avoid reading my emails.
Please avoid them, bin them, or filter them out. If you wish the reply to
the point in question either agree or
I hope that Sabri was not being serious when he wrote his post. We can
differ on politics without getting upset with each other. The delete key
is a more pleasant way to communicate under some circumstances.
On Tue, Apr 30, 2002 at 10:47:31PM +0100, Chris Burford wrote:
Sabri Oncu
I am
Here is one more. Sabri
==
Police Shield Argentine Congress From Public Fury
Tue Apr 23, 1:24 PM ET
By Stephen Brown
BUENOS AIRES, Argentina (Reuters) - Armed police ringed
Argentina's Congress Tuesday to protect legislators from public
anger at plans to convert their bank deposits
speaking of Argentina, pen-pals may enjoy the recent movie from Argentina,
The Nine Queens (in Spanish, with subtitles). It's an interesting film
about con artists, including some mild social commentary. One thing is how
much Buenos Aires looks like a North American city... JD
At 11:17 AM 21/04/2002 +0800, Grant wrote:
That wasn't my contention, which is more accurately that except for actual
formal/military imperialism, (e.g. Britain in India) imperialist and
imperialised have always been poles on a notional axis, rather than being
distinct and permanent things. I
Bill R:
Thanks for a very interesting post and the references, which I haven't had
time to check yet.
I haven't been able to pinpoint the exact quote, but somewhere in _Capital_
Marx (slightly tongue-in-cheek) quotes Adam Smith saying that all entrepôts
are barbaric; Marx's point being that
Charles Brown wrote:
Profits aside, two features of FDI which seem to clearly differentiate developed
and developing countries (in the context of the US foreign investment thread,
imperial vs neo-colonies) appear to be the balance between inward and outward
investment stock (biased towards
Louis:
For the
foreseeable future, places like Argentina and Venezuela are on the
front lines. In places such as these, anti-imperialist consciousness
will fuel the proletarian revolution just as it did in Vietnam, Cuba,
China and many other countries where victory was not achived.
The
Bill B.:
Hong Kong 65.772
Saudi Arabia22.71.3
s. Korea6.1 6.5
Taiwan 7.8 14.7
New Zealand 66.211
Israel 11.16.8
Spain
Grant Lee wrote:
HK and Singapore are entrepots, and
they are city-economies, which indicates the need to qualify the
significance of their numbers
It seems to me that if no western state is very similar --- and I'm not
convinced this is the case --- to HK and Singapore it would have
Ratios of inward and outward FDI stock to GDP, and FDI flows to gross fixed
capital formation are tabulated for most countries in the various World
Investment Reports of UNCTAD. They also calculate a transnationality index of
FDI host countries, which averages the four shares: FDI flows (as a
On Sat, 20 Apr 2002 00:37:28 +1200, Bill Rosenberg wrote:
It's difficult to say what profit figures would
show. The ability of TNCs to transfer their
profits from one country another for tax,
political or internal reasons must make the
profit attributed to their operations in any one
country
LP:
But I wouldn't compare what happened in Australia to what happened to
Nicaragua, however. The USA could have lived with a Labor government in
Australia. It was on the other hand ready to break laws and risk a
constitutional crisis to topple a government that it feared would become
another
On Fri, 19 Apr 2002 22:46:00 +0900, Charles Jannuzi wrote:
US policies toward New Zealand came damn close
when NZ objected to US ships not confirming
whether or not they carried nukes in NZ waters
and harbors.
In the case of Australia, the US has taken the
place of GB as key 'military ally' and
The CIA in Australia, Part 1
... and individuals in Australia. Today, in part 1 ... operations against the
Whitlam government
through the ... for covert actions. Covert Action often means the ...
http://www.serendipity.magnet.ch/cia/cia_oz/cia_oz1.htm - 24k - Cached -
Similar pages
The CIA in
LP:
Perhaps we have a different definition of imperialism. I don't regard
US bullying and imperialism as the same thing. Switzerland and Sweden
have never bullied anybody in recent years, but they are imperialist
powers. US imperialism rules the roost, but it has junior partners
including
April 5, 1998
THE SWISS, THE GOLD, AND THE DEAD
By Jean Ziegler.
Translated by John Brownjohn.
322 pp. New York:
Harcourt Brace Company. $27.
(Review)
Gnomes and Nazis
An account of Switzerland's role in financing Germany's war machine.
By PETER GROSE
(Peter Grose, a research fellow at
Grant wrote:
country inward FDI stock/GDPoutward FDI stock/GDP
Canada 23.9% 26.9%
Australia 28.117.1
UK 23.335.9
France 11.715.9
Singapore 85.8
Louis Proyect writes:
there are degrees. Japan isn't going to become a neo-colony in the near
future, but it's clear that US-based companies use their clout to push
for
opening the Japanese economy to freer flow of capital, etc., so that US
companies can buy Japanese assets, etc., at
Louis:
Basically, I
advocate anti-imperialist slogans in places like Argentina and Venezuela,
in combination with demands against the local comprador bourgeoisie. The
most powerful revolutions in this hemisphere over the past 50 years have
identified with the historical colonial revolution,
Bill Burgess [EMAIL PROTECTED] wrote:
country inward FDI stock/GDPoutward FDI stock/GDP
Canada 23.9% 26.9%
Australia 28.117.1
UK 23.335.9
France 11.715.9
Singapore 85.8
Grant Lee wrote:
Louis,
I'm sorry you feel that way. I took your reference to Lenin meant that you
favoured the national front tactics of the early 1920s, which did involve
bourgeois nationalists (in dependent countries).
This only confuses things further. Lenin advocated support for
Louis:
You said:
But I am trying to address the question of whether Argentina is
qualitatively different from Great Britain. My purpose in these posts
is to answer a current within Marxism that asserts that there is no
difference.
In that case you were complicating matters by referring to
On Mon, 15 Apr 2002 15:29:15 +0800, Grant Lee wrote:
I would ask: why would
Marxists any longer seek solidarity with
bourgeois nationalists, except in the now rare
circumstances where the formal national question
has never been resolved?
In my last reply to you, I urged you not to put words in
Louis,
I'm sorry you feel that way. I took your reference to Lenin meant that you
favoured the national front tactics of the early 1920s, which did involve
bourgeois nationalists (in dependent countries).
Imperialism deals with class relations, not which flag is flying over
a country.
I
On Sun, 14 Apr 2002 10:23:17 +0800, Grant Lee wrote:
Louis:
If it isn't already clear, I find references to
monolithic, single-minded exploitative entities
called Great Britain or the United States to
be untenable generalisations, which ignore the
complexity of real class structures and the
Left nationalism is nothing new in Canada and it certainly not a novel
theory of Ross Dowson. Left nationalism was a strong current in the NDP (New
Democractic Party) a social democratic party that ruled in BC,
Saskatchewan, Manitoba and even Ontario for a while. It still governs
Manitoba and
[EMAIL PROTECTED] wrote:
Yea, there is a lot of superficial truth in this account, at least as
relative to Canada. But there is also a lot of overgeneralization
and
obfuscation in this account also. Since I have already published
several
hundreds of pages and articles on this subject
Louis tells us that that the British behaved differently toward Argentina
than Canada. Why? Was it because the settlers were ethnically different
in Argentina from those in Canada? Did Britain have to behave differently
toward Commonwealth countries?
Paul, could you give us a brief outline of
: Michael Perelman [EMAIL PROTECTED]
Subject:[PEN-L:24882] Re: RE: Re: Argentina, Australia and Canada
To: [EMAIL PROTECTED]
Send reply to: [EMAIL PROTECTED]
Louis tells us that that the British behaved differently toward Argentina
than Canada. Why
Louis:
If it isn't already clear, I find references to monolithic, single-minded
exploitative entities called Great Britain or the United States to be
untenable generalisations, which ignore the complexity of real class
structures and the historical agency of indigenous layers of capital (in
Correction: this was the topic I intended for my last post, which went put
under The Collapse of Argentina, part one.
In other words, a ruling class based in domestic finance capital emerged in
Canada (and Australia), and these coutnries became imperialist economies;
this did not occur in Argentina. In the case of Canada this is easier to
see if Armstrong's overstress on staples relative to the development of
--- Original Message ---
From: Louis Proyect [EMAIL PROTECTED]
To: michael pugliese [EMAIL PROTECTED]
Date: 4/10/02 12:35:34 PM
Telos
No. 54, Winter 1982-83
Juan E. Corradi: The Mode of Destruction: Terror in Argentina
Drop dead.
Louis Proyect
Marxism mailing list: http://www.marxmail.org
Hmmm.
Yea, there is a lot of superficial truth in this account, at least as
relative to Canada. But there is also a lot of overgeneralization
and obfuscation in this account also. Since I have already
published several hundreds of pages and articles on this subject, I
am not about to
Telos
No. 54, Winter 1982-83
Juan E. Corradi: The Mode of Destruction: Terror in Argentina
Michal Reiman: Political Trials of the Stalinist Era
Frederick Johnstone: State Terror in South Africa
Norberto Bobbio: Italy's Permanent Crisis
Norbert Elias: Civilization and Violence
Notes and
Dialectics of Reform and Revolution in Argentina
Melvin P
Marx standpoint, or rather vision has always been that of man in his actual
or apparent circumstances of life, his pains, suffering, longings, material
activity and spiritual dimensions. Man dominates Marx vision from beginning
to
Adam: So who should take the money from the middle class? Who should tell the workers
that they should make no money now that they are starving?
In your ultraleftist rants you defend the bourgeoisie for making Argentina a cashless
society--only because all the cash is now in foreign banks.
This is an interesting analysis, and it should come as no surprise that the
FT would portray the banking system as the victim. Ivestigative journalism
here, however, has painted a somewhat different picture
For example, the so called banking crisis was to a large extent (how large
On Argentina story [Financial Times] :
In spite of severe external shocks - an outbreak of foot-and-mouth disease
and a devaluation of the
British pound - the 1967 programme was highly successful. The exchange
rate parallel market premium
disappeared overnight and by 1968 inflation had
For what its worth, Universidad del CEMA is one of the most reactionary
(i.e. neoliberal) universities/think tanks of Argentina. Ex finance
minister Roque Fernandez (the guy who succeeded Cavallo in 1995) was from CEMA.
Alan
At 1/14/2002, you wrote:
Corporate Governance: An International
Isn't Brazil in a much worse position, macro
accounting and socially. Th exposure is such that none
the measures taken now in argentina can be implemented
in Brazil. it is also possible that much more would
have to stripped to bring half the population to live
at below one dollar a day as is the
Lawrence McGuire writes:
If Argentina was a gold mine for international investors, why should the
'free market globalization model' be questioned? Who created and implemented
the 'free market globalization model'? It worked for the people who devised
it, didn't it? Isn't the IMF controlled by the
I forgot to mention in the list below, that Duhalde was the presidential
candidate for the peronists in the last elections. He was sqarely defeated
by what people thought was a center-left coalition (the Alianza, whose main
players were the Radical and Frepaso parties). The Alianza turned out
Isn't it fascinating, that people who are so involved in the economical and
social policy of the last ten years be today unanimously lead to condemn
this policy and to see no solution but its removal? Isn't it the proof that
the crisis corresponds to an objective logic, regardless of voluntarism,
Alan Cibils wrote:
However, I think the people have got a taste of their own power in recent
weeks (two presidents and a finance minister ain't bad!)
From what I have read, the puebolo was prepared to support Saa, and it
was precisely that popular support that moved two powerful Peronist
At 05:09 PM 1/3/2002 -0600, you wrote:
Alan Cibils wrote:
However, I think the people have got a taste of their own power in recent
weeks (two presidents and a finance minister ain't bad!)
From what I have read, the puebolo was prepared to support Saa, and it
was precisely that
It is interesting that this article leaves to the very end what are
precisely the reasons why Duhalde will probably not make it till 2003:
He was Menem's vice president (yes, the Menem who liberalized the economy,
gave away state enterprises--even revenue generating ones, and basically is
Markets do work, as testified to by the Center for the Advancement of Energy
Markets, or CAEM.
CAEM PREDICTIONS IN 2002
What does Enrons collapse mean?
1. Markets work. Markets quickly punish mistakes. Little slack is given for past accomplishments. Markets are ruthlessly impersonal.
IMF Loan Agreement Good for Argentina
A Letter to the Editor
By Thomas C. Dawson
Director, External Relations Department
International Monetary Fund
Los Angeles Times
September 15, 2001
We differ strongly with Mr. Weisbrot's characterization of Argentina's
latest loan agreement with the IMF
Why don't you send this to the IMF fax listed and ask them to explain why
their prediction was so wrong.
-Original Message-
From: Ken Hanly [mailto:[EMAIL PROTECTED]]
Sent: Friday, December 21, 2001 11:23 AM
To: pen-l
Subject: [PEN-L:20835] Optimism from the IMF re Argentina in Sept
On Thursday, December 20, 2001 at 11:36:50 (-0800) Michael Perelman writes:
I don't think it's an accident that market failures are sprouting up
everywhere. Michael Keaney was telling us about the British railway
system. We have the CA electricity crisis, Argentina, Enron, etc.
I think we
Michael asks:
Sabri, will the Turkish bail-out prevent something similar happening
there? If not, how long can Turkey hold out?
I have not seen any IMF bail-out that solved the problems of any country as
yet. One thing is for sure though: if you spend more than you make, there
comes a day
I was not thinking of the IMF bailout by itself, but in conjunction with
all the $$ that they US will throw at Turkey. I assume that the US
expects Turkey to do a lot of its dirty work in central Asia. Am I
off-base?
Sabri Oncu wrote:
Michael asks:
Sabri, will the Turkish bail-out
Michael:
I was not thinking of the IMF bailout by itself, but in conjunction with
all the $$ that they US will throw at Turkey. I assume that the US
expects Turkey to do a lot of its dirty work in central Asia.
I am not sure if this is what the US expects, although it is highly likely.
What
Sabri, will the Turkish bail-out prevent something similar happening
there? If not, how long can Turkey hold out?
--
Michael Perelman
Economics Department
California State University
Chico, CA 95929
Tel. 530-898-5321
E-Mail [EMAIL PROTECTED]
] [EMAIL PROTECTED]
Date: Wednesday, August 22, 2001 8:57 AM
Subject: [PEN-L:16165] Re: Re: Argentina
Regarding Jim's question, I think that what I saw about Argentina is
extraordinary. Usually, we can deconstruct what is going on, despite the
obfuscation. The Argentina articles are almost
At 08:24 PM 8/21/01 -0700, you wrote:
[NYT]
August 22, 2001
Argentina Gets $8 Billion Aid From the I.M.F.
By JOSEPH KAHN
WASHINGTON, Aug. 21 - After nearly two weeks of negotiations, the
International Monetary Fund announced tonight that it would provide up
to $8 billion in emergency aid to
Regarding Jim's question, I think that what I saw about Argentina is
extraordinary. Usually, we can deconstruct what is going on, despite the
obfuscation. The Argentina articles are almost impossible to penetrate.
We know a crime is happening. We know who the villian is, but the
curtains are
This article is a miracle of unclarity. I wanted to know the pound of
flesh that they are going to extract. Are the creditors going to relent
with no pound of flesh?
Ian Murray wrote:
[NYT]
August 22, 2001
Argentina Gets $8 Billion Aid From the I.M.F.
By JOSEPH KAHN
WASHINGTON, Aug.
This article is a miracle of unclarity. I wanted to know the pound
of
flesh that they are going to extract. Are the creditors going to
relent
with no pound of flesh?
===
Um, Max Weber the official secret ring a bell? No? Perhaps J.
Stiglitz' secrecy creates rents ?
Ian
This could be the year in which laissez faire is no longer regarded as
acceptable dinner table conversation among the intelligentsia of finance
capital.
This could be a vague but important qualitative shift in the ideological
superstructure.
Imagine a terrain of economic discourse, perhaps
Many economists say,
The current troubles stem in part from the faulty implementation of
free market policies, many economists say, including runaway public
spending and pervasive corruption.
Strike the word faulty. Compare:
In Empire corruption is everywhere. It is the cornerstone and
not bad. hey I may actually read this thing.
mbs
Strike the word faulty. Compare:
In Empire corruption is everywhere. It is the cornerstone and keystone of
domination. It resides in different forms in the supreme government of
Empire and its vassal administrations, the most refined and the
- Original Message -
From: Max Sawicky [EMAIL PROTECTED]
To: [EMAIL PROTECTED]
Sent: Wednesday, August 08, 2001 10:25 AM
Subject: [PEN-L:15754] RE: Re: Argentina
not bad. hey I may actually read this thing.
mbs
Strike the word faulty. Compare:
In Empire corruption
The International Herald Tribune reprints this under the more pointed titles
Argentina Loses Faith in the Economic Reform It Embraced
Last Tango With Capitalism?: Many Companies Suffered in 'Free Markets'
At 06/08/01 20:08 -0700, you wrote:
Argentina Doubts Market Wisdom
Crisis Weakens
I sent the piece on Argentina along to a list of energy advocates, organizers,
lawyers and enviros. I noted that the remarks by economists in it are
the same
as they've been hearing about California and electric de-reg generally
-- It
will work if you keep doing it. Sounds like someone who
En relación a [PEN-L:1448] Re: Re: Re: Re: RE: Re: Argentina/GD,
el 7 Sep 00, a las 22:12, Brad DeLong dijo:
The first
hyperinflation was a coup d'etat. It was provoked intentionally
(there are proofs and declarations in this sense, as well as there
are others on the milder hyperinflation
En relación a [PEN-L:1362] RE: Re: Argentina/GDP (2),
el 7 Sep 00, a las 11:52, [EMAIL PROTECTED] dijo:
Nestor.
What was the cause(s) of the hyperinflation in 1990?
As always, you will have different answers from the different classes
in conflict.
In 1990, the hyperinflation had little
In 1990, the hyperinflation had little to do with economic strains
themselves. There were two peaks in 1989 and 1990, and both were
absolutely political. The Argentinian economy has become such a
concentrated mess after the 1976 coup and the stupid timidity
(bordering treason) of the Alfonsín
Well, so it seems that Brad DeLong and yours truly will begin to cash
some income from people watching our wrestling routine. I suggest
Brad to write me offlist in order to arrange details...
En relación a [PEN-L:1400] Re: Re: RE: Re: Argentina/GDP (2),
el 7 Sep 00, a las 6:40, Brad De Long
Why doncha do a radio interview with him. Nestor has a beautiful baritone
voice, more radio friendly than any professional deejay.
At 11:26 AM 9/7/00 -0400, you wrote:
Thanks to Nestor Miguel Gorojovsky for those very illuminating posts
on Argentina.
Doug
Louis Proyect
The Marxism
Louis Proyect wrote:
Why doncha do a radio interview with him. Nestor has a beautiful baritone
voice, more radio friendly than any professional deejay.
At 11:26 AM 9/7/00 -0400, you wrote:
Thanks to Nestor Miguel Gorojovsky for those very illuminating posts
on Argentina.
Excellent idea.
En relación a [PEN-L:1412] Re: Re: Argentina,
el 7 Sep 00, a las 12:03, Doug Henwood dijo:
Louis Proyect wrote:
Why doncha do a radio interview with him. Nestor has a beautiful
baritone voice, more radio friendly than any professional deejay.
At 11:26 AM 9/7/00 -0400, you wrote:
Thanks
The first
hyperinflation was a coup d'etat. It was provoked intentionally
(there are proofs and declarations in this sense, as well as there
are others on the milder hyperinflation provoked in 1975 to generate
the chaos that led to the 1976 coup) and ended with the downfall of
Alfonsín.
Provoked
The big difference between capital imports to the developing US and the
rest of the world was that we defaulted and got away with it.
--
Michael Perelman
Economics Department
California State University
Chico, CA 95929
Tel. 530-898-5321
E-Mail [EMAIL PROTECTED]
The big difference between capital imports to the developing US and the
rest of the world was that we defaulted and got away with it.
--
Ah, the pre-IMF Eden, how I miss it so..
Ian
Michael Perelman
Economics Department
California State University
Chico, CA 95929
Tel.
En relación a [PEN-L:1333] Argentina/GDP,
el 6 Sep 00, a las 13:39, Louis Proyect dijo:
World Bank stats report amazing growth in Argentina - from about 14%
of US per capita GDP (cash basis, not PPP) in 1990 to 28% today.The
IMF reports an annual growth rate of about 5% between 1990 and 1999
En relación a [PEN-L:1344] Argentina and the US,
el 6 Sep 00, a las 13:34, Jim Devine dijo:
someone wrote:
Doug is right IMHO. Canada and Australia are the best examples of
what could have happened with Argentina if we were not a semicolony,
such as we are. There were wild dreams in
En relación a [PEN-L:1344] Argentina and the US,
el 6 Sep 00, a las 13:34, Jim Devine dijo:
I don't know enough to comment on Canada (especially when there are
Canadians watching), but I can guess at the difference between the US
and Argentina (and I hope that Nestor corrects me or adds
Nestor.
What was the cause(s) of the hyperinflation in 1990?
-Original Message-
From: Nestor Miguel Gorojovsky [mailto:[EMAIL PROTECTED]]
Sent: Thursday, 7 September 2000 10:17
To: [EMAIL PROTECTED]
Subject: [PEN-L:1359] Re: Argentina/GDP (2)
En relación a [PEN-L:1333] Argentina/GDP
david dorkin wrote:
I should probably point out why I was looking for more info today on
inequality. In Pagina1 12, the Argentinian left daily, a report came out
from an establishment consulting firm (FIEL)that the income share of the
top 10% is 49.3% and not 37 as stated by Indec, the official
Well, I'm sure you're aware of the fact that Argentina has traditionally
been the most equally disributed country in the region historically;
this approaches Brazilian levels and seems pretty significant to me
coming as it does after a series of Menem and Cavallo reforms which are
widely held to
Dear pen-l'rs,
See my comments below.
Louis Proyect wrote:
(posted originally on Mark Jones's Leninist-International list. Nestor is
in Argentina, where he has been politically active for several decades)
El 26 Aug 98 a las 9:03, Chris Burford nos dice(n):
[snip]
If I do not recall
I would like to thank Ted Goertzel for pointing out a mistake in the
following statement: I meant to say that "...very little of value remains
in PUBLIC hands..."
Talking with friends and reading the newspapers, I got the impression that
there is very little that remains to be privatized, that
concerning Martha Gimenez's post on Argentina: maybe it's time to replace
the term "globalization" with "immiseration." That is, what's happening is
not globalization as much as the working out of Marx's predictions at the
end of vol. I of CAPITAL, on a world scale of course.
In the late 19th
Greetings,
On Sun, 3 Aug 1997, James Devine wrote:
concerning Martha Gimenez's post on Argentina: maybe it's time to replace
the term "globalization" with "immiseration." That is, what's happening is
not globalization as much as the working out of Marx's predictions at the
end of vol. I of
Doug- Could you please let us know what they say? Also, any explanation
for the China figure? Is it a result of the change in exchange rates
(early 1994) from year to year? If it is accurate, it would be a striking
indication of the limited character of China's recent "success."
I believe it
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