For the first time Tony Blair has publically split with Bush and voted with
Europe.
Europe seethes as defiant US goes its own way
White House threat to pull out of UN peacekeeping the latest in a series
of quarrels shaking transatlantic alliance
Richard Norton-Taylor, Ewen MacAskill, and
Please use plain text. Other text may be virus infected.
Karl Carlile
To visit Communism click following:
http://homepage.eircom.net/~beprepared/
Hi Christian
Christian: Basically, in Marx, fictitious capital is any income that is
mathematically
backed out of (capitalized out of) any security. As far as fictitious
capital goes, for Marx there is no difference between state debt (ie
treasury bills and bonds), corporate paper and stock (in
To say that any money that is not backed by gold is also fictitious makes is
to stretch the entire notion of the fictitious notion.
Hey, don't blame me, I didn't make this stuff up. It _is_ ridiculous. But it's
also Marx.
By its very nature money in the form of medium of exchange is not
G'day Penpals,
Just to lend a little flavour to the WorldCom saga, here's a little note
from Xmas 2000 - poignant and, with respect to the likely state of other
telcos', possibly significant :
G'day Doug,
In light of your note that ...
Naomi Klein says that high marketing costs essential to
The Financial Express
Tuesday, July 02, 2002
ECONOMY
China Okays Rules To Boost Foreign Investment In Aviation
Beijing, July 1: China has approved new rules aimed at boosting foreign
investment in its aviation sector, including allowing bigger stakes in
airlines and airports, the China News
Burford:
What is so significant about this split over immunity of allied
occupation forces in Bosnia from potential prosecution by the new
International Criminal Court, which the US refuses to recognise, is that
this is a split in the position of bodies of armed men in relation to
Devine, James wrote:
The worst of the fundamentalist Marxism occurred when the Social
Democrats had some power in Germany at the start of the depression
and endorsed deflationist policies, making matters worse.
Yup, with Hilferding as finance minister. But there's a good reason
he/they acted
Money is, of necessity, a public good. National governments print it and
enforce its domestic use by, for example, mandating that the local
currency be legal tender
for paying taxes and discharging debts. The wealthy have always worried
about this.
So long as money is controlled by the
At 10:17 AM 7/2/2002 -0400, you wrote:
A while back there was a billboard in Times Square
that tracked the US federal debt minute by minute.
Does anyone happen to know when that was and
who paid for it?
Thanks, Ellen
THE DAILY TELEGRAPH(LONDON), October 2, 1998, Friday
City Diary: US debt
Ellen Frank wrote:
A while back there was a billboard in Times Square
that tracked the US federal debt minute by minute.
Does anyone happen to know when that was and
who paid for it?
http://www.cnn.com/2000/US/09/07/debt.clock/
NEW YORK -- The plug was pulled on the National Debt Clock, which
I wonder how many in the legal profession would clig to those
assertion after reading Arthur Ripstein's latest?
What does Arthur say? But I don't imagine he'd change many
minds.
===
I don't think he will either but that would be a pity because he
makes some pretty
Title: RE: [PEN-L:27494] Re: RE: Re: Greenspan's cooked book
I wrote:
The worst of the fundamentalist Marxism occurred when the Social
Democrats had some power in Germany at the start of the depression
and endorsed deflationist policies, making matters worse.
Doug answers:
Yup, with
The New York Review of Books
July 18, 2002
Review
The Power of the Super-Rich
By Jeff Madrick
Wealth and Democracy: A Political History of the American Rich
by Kevin Phillips
Broadway Books, 473 pp., $29.95
1.
The great hope of some reform-minded Americans is that there will be,
sooner or
Title: joke
how many compassionate conservatives does it take to screw in a lightbulb?
none, they have their TANF-mother do it for sub-minimum wage.
Jim Devine [EMAIL PROTECTED] http://bellarmine.lmu.edu/~jdevine
(TANF = Temporary Assistance for Needy Families, what used to be called
Devine, James wrote:
this is a common mistake, i.e., that of assigning some sort of
normative meaning to value or surplus-value, when these are
normative only from the perspective of commodity-producing society
or capitalism (respectively). The attachment of normative meaning to
Title: testing
testing
Jim Devine [EMAIL PROTECTED] http://bellarmine.lmu.edu/~jdevine
Title: testing again
testing again. Sorry, but the IS guy doesn't know his job so he's making me do it again.
Jim Devine [EMAIL PROTECTED] http://bellarmine.lmu.edu/~jdevine
Title: bragging
(how's my font?)
Back in 1999, I wrote an article on the possibility of a new Depression because a journal asked me to do so. It finally got published in 2002, though the date on the journal says 2000. (Some difficulties had delayed our publishing program, writes the
NEW FUTURISTIC MOVIE CONTAINS REAL FUTURISTIC ADS
'Minority Report' Brings Hollywood Madison Ave. Closer Together
June 17, 2002
By Wayne Friedman
LOS ANGELES (AdAge.com) -- As Minority Report, Steven Spielberg's latest
sci-fi feature, hits theaters this week, moviegoers may be witnessing the
http://www.nytimes.com/2002/07/02/opinion/02KRIS.html
The NY Times had an interesting editorial blasting the FBI for not
arresting the anthrax suspect, who the author seems to think is the guilty
party. In the course of the story, the author asks:
Have you examined whether Mr. Z has
At 05:17 PM 07/01/2002 -0500, you wrote:
In practical political terms, the capitalism is theft line has the same
dangers that conspiracy theories or loose use of the charge of fascism
has: all three shift the focus from an oppressive and exploitative
system of social relations to the morality or
At 08:03 PM 07/01/2002 -0400, Doug wrote:
the suspicion that only gold is real money, the rest is delusion; and a
Puritan, morally drenched distaste for speculation. There should be a
marx-and-mixes.org.
Ah, but we have not even begun to taste the reality of the destruction of
wealth that
At 01:04 AM 07/03/2012 +0100, you wrote:
Despite the very low interest rates inflation does not really exist in the
US. This would appear to contradict Friedman's monetarism which argued that
inflation is a product of loose money. I have noticed that Hayek has been
revived these days as a hammer
If you lined up all the economists in the world end to end, they would still
not reach a conclusion.
Stephen F. Diamond
School of Law
Santa Clara University
[EMAIL PROTECTED]
- Original Message -
From: Justin Schwartz [EMAIL PROTECTED]
I don't think he will either but that would be a pity because
he
makes some pretty devastating criticisms in chapter 5,
That's a helpful cite, Ian. Maybe I will just try that with my
next
footnote, Ripstein, ch. 5.
IMF Economist Assails Author of Critical Book. Getting a rise out of the
International Monetary Fund isn't easy, writes Paul Blustein for The
Washington Post (E1). For years, as debate has raged over how best to aid
countries in economic distress, the IMF has typically responded to its
critics
Title: RE: [PEN-L:27511] Lawyers as Vile Tools of Capitalist Oppression??
Steve Diamond:
If you lined up all the economists in the world end to end,
they would still not reach a conclusion.
I like the old British one: if you put 7 economists in a room, they'd come out with 8 different
.com
I don't think he will either but that would be a pity because
he
makes some pretty devastating criticisms in chapter 5,
That's a helpful cite, Ian. Maybe I will just try that with my
next
footnote, Ripstein, ch. 5.
===
Great act of cut and paste. But that's
Title: Re: Lawyers as Vile Tools of Capitalist Oppreession
Isn't there a typo in the subject heading of this thread? shouldn't it be Economists as Vile Tools of Capitalist Oppreession?
Jim Devine [EMAIL PROTECTED] http://bellarmine.lmu.edu/~jdevine
At 11:19 PM 07/02/2002 +1000, you wrote:
Sidgmore used his golden hour at the podium to complain about how much
MCI WorldCom spends on marketing its network services. According to
Sidgmore, an astonishing 49% of the telecom giant's service costs to
customers can be traced to marketing. In
At 08:22 PM 07/01/2002 -0700, Steve Diamond cross-posted :
No one should mistake this as a fatal or even lethal blow for capitalism as
we know it. Those who predict its imminent demise underestimate its
resilience. Back in 1987 the late Eric Heffer told the House: People's
capitalism was falling
- Original Message -
From: Justin Schwartz [EMAIL PROTECTED]
To: [EMAIL PROTECTED]
Sent: Tuesday, July 02, 2002 3:25 PM
Subject: [PEN-L:27517] Re: Re: Lawyers as Vile Tools of Capitalist
Oppreession
.com
I don't think he will either but that would be a pity because
he
makes
- Original Message -
From: Michael Perelman [EMAIL PROTECTED]
http://www.nytimes.com/2002/07/02/opinion/02KRIS.html
The NY Times had an interesting editorial blasting the FBI for
not
arresting the anthrax suspect, who the author seems to think is
the guilty
party. In the course
And relatively few Marxists have take the formal/real subsumption
distinction very seriously. Most experts agree.
Doug Henwood wrote:
but many Marxists have
taken the productive/nonproductive distinction very seriously.
Tom Walker
604 254 0470
At 03/07/12 08:23 +0100, you wrote:
Please use plain text. Other text may be virus infected.
Karl Carlile
To visit Communism click following:
http://homepage.eircom.net/~beprepared/
Karl I agree plain text is better.
But your calendar is set a decade on. [see above]
I now you are eager for
- Original Message -
From: Carrol Cox [EMAIL PROTECTED]
I don't think this will wash. Inside a capitalist society it is
almost
tautological that attorneys have a duty to serve their client's
interests, and one cannot qualify tht without seriously
endangering the
left, which
- Original Message -
From: Justin Schwartz [EMAIL PROTECTED]
More bad lawyer jokes, Ian, I'm a moral philosopher. As you know?
What's the
fucking cite, or do I have to look it up myself?
The Ripstein text is Equality, Responsibility and the Law.
The text
The Times of India
TUESDAY, JULY 02, 2002
Xerox says Indian arm made improper payments
REUTERS
MUMBAI: Xerox Corp has disclosed that its Indian subsidiary made improper
payments over the years to push sales to government customers, according to
an annual report filing with the US Securities
Wednesday, July 3, 2002
Is China the Next Argentina?
China's sagging economy is threatening to turn China into an Asian version
of Argentina, a top financial journal warns.
Unless it can patch up the situation, China risks becoming Asia's
Argentina... the people's Republic can go from boom to
In the recent Lumumba movie, they bleeped out Frank Carlucci's name
when they were organizing the assassination.
--
Michael Perelman
Economics Department
California State University
Chico, CA 95929
Tel. 530-898-5321
E-Mail [EMAIL PROTECTED]
http://www.nytimes.com/2002/07/02/opinion/02KRIS.html
The NY Times had an interesting [op]editorial blasting the FBI for not
arresting the anthrax suspect, who the author seems to think is the guilty
party. In the course of the story, the author asks:
Have you examined whether Mr. Z has
- Original Message -
From: Steve Diamond [EMAIL PROTECTED]
Unless it can patch up the situation, China risks becoming
Asia's
Argentina... the people's Republic can go from boom to bust in
just a few
short years, wrote Gordon Chang in the June 19, Asian Wall
Street Journal
as quoted
Hi Christian
Christian: Hmm, not really. The difference is that money backed by gold is
convertible on
demand. Fiat money is not.
Karl: Concerning money as medium of exchange Marx in Capital has the
following to say (and I quote):
The function of gold as coin becomes completely independent of
Hi Ellen
Ellen: Money-printing can't be privatized, but it can be quasi-privatized,
relegated to semi-autonomous and undemocratic central banks, like the
Federal Reserve,
the Bundesbank, or the European Central Bank. Removing control over money
from normal avenues of democratic accountability
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