Yoshie:
The Russian default was a blow against neoliberalism: Neoliberalism
at the global level has also been dealt some serious blows--although
one of the hardest punches has not received the attention it
deserves: Russia's default on $200 billion worth of debt, some $40
billion of which is
Anyhow, I think that Chris is trying to say that, though the Russian
economy tanked after the disintegration of the Soviet Union, its
economy has recovered quite a bit since Russia defaulted on its
foreign debt in 1998. Putin has managed the post-default Russian
economy well by capitalist
The news that Microsoft, AOL, Yahoo and one other ISP have banded
together legally to pursue actions against spammers, may be welcomed
by many as one of the more progressive actions of these giant
companies.
Nevertheless there are contradictions involved. As there are in all
things.
Whatever
Many Arab-Americans, whose votes are concentrated in the key swing
states of Michigan, Florida, Ohio and Pennsylvania, will vote for
Ralph Nader -- probably in a higher proportion than they did (13.5%,
http://www.aaiusa.org/PDF/AAvoters.pdf) in 2000:
* MI, FL, OH, PA Arab American Tracking
Just to add to Yoshie's comment: looks to me as though the real finish of
neoliberalism is necessarily the extensive privatisation of government
debts, but in a specific way. Suppose you have these government
institutions, and they have large debts. How then can you balance the budget
?
In New
As a characteristic neoliberal, Bagwhati actually denies economics is a
science. If all that is objective about society is actual prices paid, and
if there is market uncertainty, then you can never really know what the
aggregate effects of market forces will be, and there can be no economic
laws,
Good job citing Rosbalt! See below.
-Original Message-
From: Jurriaan Bendien [EMAIL PROTECTED]
Of course, the shadow economy would consist both of activities defined as
production, and activities consist only of transactions unrelated to real
production (transfer incomes), one
Marvin Gandall wrote:
But, anyway, that's not the issue. What's important is less what he did
as a opportunist politician running for President, than what he would
have done as the incumbent President. You seem to be suggesting that his
dissembling means he might have, like Bush, invaded Iraq.
moneybox
The Social Security CrisisSolved!
A Democratic economist's miraculous plan.
By Daniel Gross
Posted Tuesday, March 9, 2004, at 2:24 PM PT
This is the fantasy of every Washington politician: You wake up one morning, and the
Social Security crisis has vanished. Who knows where it
Excellent note. I can see how hitting spammers can be a precedent for curtailing
real communication. Seeing the big players get together might not be a good sign for
the future.
--
Michael Perelman
Economics Department
California State University
Chico, CA 95929
Tel. 530-898-5321
E-Mail
NY Times, March 11, 2004
The Oil Company as Social Worker
By BRIAN ELLSWORTH
CRUCERO DEL CARO, Venezuela - Siadys Bayuelo, 33, has spent four years
urging local authorities to pipe potable water into her home in this
dusty town in eastern Venezuela, sparing her the trouble of walking a
mile
George Soros
Is the billionaire speculator the Democrats' most powerful weapon?
By Sebastian Mallaby
Posted Wednesday, March 10, 2004, at 2:17 PM PT
Way, way back, when Howard Dean had neither risen nor fallen, George
Soros began to plot the sort of speculative bet that has made him a hero
and a
The British Labor Party during its pre-WWI socialist
phase owned tea plantations in the British colonies,
Does anybody have any information or sources on this?
--
The Marxism list: www.marxmail.org
Memorial Service for Paul Marlor Sweezy (1910-2004)
A memorial service for Paul Sweezy will be held on Saturday, April 17,
3-6pm at Landmark on the Park, 160 Central Park West (at 76th Street).
Please call (212) 691-2555 for further details.
by John Bellamy Foster
Referred to by The Wall
Chris writes:
Because no one knows how much people really earn (this is why, as an aside,
regressive income taxation is just not viable in Russia),
do you mean progressive income taxation?
Jim D.
Marvin Gandall wrote:
If that is your position, you would be saying, against all evidence and
logic, that there was a bipartisan consensus for the invasion of Iraq,
and all the past year's noise and talk of a split in the US ruling class
over the war was just so much malarkey.
You don't
VenezuelaFOIA.info (by the Venezuela Solidarity Committee/National
Venezuela Solidarity Network): http://www.venezuelafoia.info/.
*The New York Times, March 11, 2004
Chávez Says U.S. Is Fueling His Enemies
By JUAN FORERO
CARACAS, Venezuela, March 10 - Under United States pressure to allow
Doug Henwood wrote:
Marvin Gandall wrote:
If that is your position, you would be saying, against all evidence and
logic, that there was a bipartisan consensus for the invasion of Iraq,
and all the past year's noise and talk of a split in the US ruling class
over the war was just so much
Mel Gibson's Lethal Religion
Mel Gibson has laid a cuckoo's egg in the nest of American Christianity.
What he has hatched in US cinemas is a quasi-pagan throwback to the
sepulchral old-world cult that the United States was set up to oppose. The
US is a by-product of the Protestant Reformation's
As ticket sales for the Australian superstar-filmmaker's gory,
blood-drenched cinematic interpretation of the last 12 hours of Jesus
Christ's life surpassed the US$200 million mark less than two weeks after
its Ash Wednesday release, the debate over whether the movie is anti-Semitic
in its intent
Mr. Bendien cited lyrics by Alice Cooper. I thought I would point out that Alice is a
born-again Christian with conservative views. Further evidence for my theory that all
Rock-and-Roll stars are libertarians. Here is an interview with him where he
describes his investment strategy:
all Rock-and-Roll stars are libertarians
is Bono? Bob Geldof? Jello Biafra?
Jim Devine [EMAIL PROTECTED] http://bellarmine.lmu.edu/~jdevine
Silver has gone over $7 after years of hovering at $3-4. Why? Who's
buying? Warren Buffet? China? US government? Does someone think (or
know) super inflation is around the corner?
Dan Scanlan
maybe it's a hedge against rising uncertainty in bond equity markets? (is something
similar happening with gold?)
Jim Devine [EMAIL PROTECTED] http://bellarmine.lmu.edu/~jdevine
Silver has gone over $7 after years of hovering at $3-4. Why? Who's
buying? Warren
James Devine writes:
all Rock-and-Roll stars are libertarians
is Bono? Bob Geldof? Jello Biafra?
OK, all American Rock-and-Roll stars are libertarians. Jello Biafra did an album with
Mojo Nixon, is for drug legalization and is liked by a lot of libertarians for that
and other reasons, so,
David, are you really a Jello-libertarian or a Cato libertarian? I
doubt if Jello is concerned about the liberty of Exxon-Mobil.
On Thu, Mar 11, 2004 at 10:47:30AM -0800, David B. Shemano wrote:
James Devine writes:
all Rock-and-Roll stars are libertarians
is Bono? Bob Geldof? Jello
I can think of one socialist (moi) who's in favor of drug legalization (or at least
medicalization). Unfortunately, I'm not a rock star.
BTW, Bob Dylan seems pretty left-wing politically, even though I hear he's an orthodox
Jew these days... He's also an American.
Jim
OK, all American Rock-and-Roll stars are libertarians.
Bruce Springsteen?
Jackson Browne?
Rage Against the Machine (as in, members of the former)?
Bonnie Raitt?
Gil
On Thursday, March 11, 2004 at 14:19:01 (-0500) Gil Skillman writes:
OK, all American Rock-and-Roll stars are libertarians.
Bruce Springsteen?
Jackson Browne?
Rage Against the Machine (as in, members of the former)?
Bonnie Raitt?
Chomsky says he's more or less libertarian socialist. I think
Néstor Gorojovsky wrote me
... the IMF has had to accomodate to Argentina's President and
his decissions. What you have read is simply the usual leftish
rant, the progressive view of those who would rather have a Menem
in power so they can easily ride to the bourgeois regime's left.
In fact,
On Thursday, March 11, 2004 at 14:19:01 (-0500) Gil Skillman writes:
OK, all American Rock-and-Roll stars are libertarians.
Bruce Springsteen?
Jackson Browne?
Rage Against the Machine (as in, members of the former)?
Bonnie Raitt?
Bill writes;
Chomsky says he's more or less libertarian socialist.
Lost Boys of the Sudan tells the poignant story of Peter Dut and
Santino Chuor, two teenaged Christian orphans from Sudan's southern
regions. Their family was gunned down by federal troops from the
Arab/Islamic north in a brutal civil war that has taken more than 2
million lives over the past 20
But the polytricksters keep robbing the fund to pay
for the various debts they incur in financing the
capitalist State. So, if there's more money in it
because of productivity or immigration or whatever,
they'll continue to rob us to pay Paul and then say
they're broke when it comes time to
This is
LONDON
10/03/04 - News and city section
By Ben Leapman, Evening Standard Political Reporter
The Government's chief scientist today set out an
apocalyptic vision of global warming bringing back
the conditions which drove the dinosaurs to
extinction.
Professor Sir David King told a House
noticed reference to mojo nixon, second time in couple of weeks, let me
try this one time - mojo nixon is (was?) a card carrying member of
libertarian party, however, he
calls himself a communist libertarian (akin to collectivist anarchist,
libertarian socialist, council communist)...
one last
below should have read one more time as i posted info last time rock and
roll libertarianism came up on list...
[EMAIL PROTECTED] 03/11/04 5:10 PM
noticed reference to mojo nixon, second time in couple of weeks, let me
try this one time - mojo nixon is (was?) a card carrying member of
Michael Perelman writes:
David, are you really a Jello-libertarian or a Cato libertarian? I
doubt if Jello is concerned about the liberty of Exxon-Mobil.
I am a Peanut Butter and Jello Libertarian. Actually, I disclaim all labels, except
contrarian. Since this list is against liberty for
On Thursday, March 11, 2004 at 12:19:50 (-0800) Devine, James writes:
...
Bill writes;
Chomsky says he's more or less libertarian socialist. I think
Dave has in mind only libertarian corporatists.
I think that Dave has a point though. What's commonly called
libertarianism (the belief that the
I wish you well with your liberty. You are a real person. I do not feel that E-M is
a real person, but an illigitate creation of state.
On Thu, Mar 11, 2004 at 02:11:58PM -0800, David B. Shemano wrote:
Michael Perelman writes:
David, are you really a Jello-libertarian or a Cato libertarian?
--- David B. Shemano [EMAIL PROTECTED] wrote:
I am a Peanut Butter and Jello Libertarian.
Actually, I disclaim all labels, except contrarian.
Since this list is against liberty for Exxon-Mobil,
I am for it.
Liberty, equality, fraternity for the gas pumps!
Best,
Mike B)
=
The derivatives market has expanded enormously in recent years, with
investment banks selling billions of dollars worth of contracts to
capitalists as a way to minimise loss of their capital through unforeseen
market fluctuations that could possibly lower its value (what Marx called
Michael Hoover wrote:
one last time, mojo nixon calls himself a communist libertarian...
Speaking of which, Michael posted a link to his Lisa Stokes's
article on the Gang of Four a few weeks ago:
http://www.findarticles.com/cf_dls/m2822/3_22/59117063/p1/article.jhtml?term=.
I didn't get a chance
Michael Perelman writes:
I wish you well with your liberty. You are a real person. I do not feel that E-M
is
a real person, but an illigitate creation of state.
You wish me well with my liberty, but what about my liberty to enter into a series of
contracts with other real persons, and
Dave Shemano writes: What is a corporation, but an interlocking series of contracts
between real persons?
Is this a different David Shemano, who I thought was a lawyer of some sort?
Corporations have _limited liability_ which means that that after a certain point (the
amount of capital
On Thursday, March 11, 2004 at 16:06:17 (-0800) David B. Shemano writes:
Michael Perelman writes:
I wish you well with your liberty. You are a real person. I do not feel that E-M
is
a real person, but an illigitate creation of state.
You wish me well with my liberty, but what about my
- Original Message -
From: David B. Shemano [EMAIL PROTECTED]
You wish me well with my liberty, but what about my liberty to enter into
a series of contracts with other real persons, and calling those
interlocking series of contracts a corporation? What is a corporation,
but an
David B. Shemano wrote:
You wish me well with my liberty, but what about my liberty to enter
into a series of contracts with other real persons, and calling
those interlocking series of contracts a corporation? What is a
corporation, but an interlocking series of contracts between real
persons?
Hungarian, but a good essay nonetheless. :)
- Original Message -
From: Jurriaan Bendien [EMAIL PROTECTED]
To: [EMAIL PROTECTED]
Sent: Thursday, March 11, 2004 6:31 PM
Subject: [PEN-L] An essay on economic basis of bourgeois risk and
gambling culture - parasitism as derivatives, options,
James Devine writes:
Is this a different David Shemano, who I thought was a lawyer of some sort?
Corporations have _limited liability_ which means that that after a certain point
(the
amount of capital invested by the stock-holders) the state has declared that the
costs of corporate
Is that not funny!
I have been working on a project related with this.
Love it dearly.
Best,
Sabri
Here is a related article, although its author was
able to show everything I plan to unshow. We will
see.
Reciprocally Interlocking Boards of Directors and
Executive
This interlocking series of contracts has the right of free speech?
I think the series of responses Shemano gives in this thread is sillier
than neo-classical micro. He describes a total phantasy world, just as
the micro theorists do. But the world both try to hide is terribly
real.
This
- Original Message -
From: Eugene Coyle [EMAIL PROTECTED]
This interlocking series of contracts has the right of free speech?
I think the series of responses Shemano gives in this thread is sillier
than neo-classical micro. He describes a total phantasy world, just as
the micro
Eugene Coyle writes:
This interlocking series of contracts has the right of free speech?I think the series of responses Shemano gives in this thread is sillier than neo-classical micro. He describes a total phantasy world, just as the micro theorists do. But the world both try to hide is
- Original Message -
From: David B. Shemano [EMAIL PROTECTED]
What is that word Marxists like to use to describe unreal objects that
people think are real? Fetish? You see a bogeyman called a
corporation. You are fetishing the corporation. I see tens, hundreds,
thousands of contracts
But then with respect to coporations contracts are themselves often between
what are persons only qua legal fictions, or between them and individuals
rather than anything that could be explained in terms of contracts between
individual persons. I have no idea what you mean when you say that a
http://www.atimes.com/atimes/Central_Asia/FC12Ag01.html
Putin to expand strategic partnership with China
By Sergei Blagov
Mar 12, 2004
MOSCOW - President Vladimir Putin, certain of re-election to a second
term, evidently intends to expand Russia's strategic ties with China in
military sales and
- Original Message -
From: k hanly [EMAIL PROTECTED]
But then with respect to coporations contracts are themselves often
between
what are persons only qua legal fictions, or between them and individuals
rather than anything that could be explained in terms of contracts between
Corporations don't speak but that does not mean
they don't have the right of free speech. Officials (i.e.) real persons sign
contracts on behalf of corporations too . Does that mean corporations cannot
sign contracts or have rights and obligations flowing from having signed
contracts. Note
Marvin Gandall:
Hungarian, but a good essay nonetheless. :)
No! It is not a good essay.
It is a wonderful demonstration of lack of
understanding of derivatives, as the following
statement of its author demonstrates:
the rate of profit on capital can be significantly
higher, and the risk
David B. Shemano wrote:
You see a bogeyman called a corporation. You are fetishing the
corporation. I see tens, hundreds, thousands of contracts between
real people intended to actualize a real end.
So, when I, avoiding immiseration, get a job to work in a corporation, I
am entering in a
Say what you will, Putin is a smart guy.
Joanna
Eubulides wrote:
http://www.atimes.com/atimes/Central_Asia/FC12Ag01.html
Putin to expand strategic partnership with China
By Sergei Blagov
Mar 12, 2004
Green policies blamed for jump in bills
Power and water sectors warn of steep rises for homes and business may
force industry to raise prices
David Gow
Friday March 12, 2004
The Guardian
British households and industry face hefty increases in their water and
electricity bills in 2005, the
This discussion is getting a bit off the rails.
Corporations are not legal fictions -- they are
legally created entities, no more or less real than
contracts. It is a strange species of methodological
individualism to deny that they really exist merely
because they are constituted out of
Gene, I don't think you need to be rude to David. I think that David has
participated for some time -- always with good humor. I disagree with him but I
still enjoy what he writes from time to time.
As for contempt -- I have contempt for Exxon-Mobil. I hardly believe that some grunt
working
Justin:
Moreover one could imagine a market society
where, for example, the corporations did not
have undemocratic power and wealth, and where
the workers managed them themselves.
This is an interesting point.
I have never been against optimizing objective
functions, assuming that
Yes, my goof. Impossible to implement when income is unverifiable.
do you mean progressive income taxation?
Jim D.
--- andie nachgeborenen
[EMAIL PROTECTED] wrote:
Moreover one could imagibe a market society where,
for
eaxmple, the corporations did not have undemocratic
power and wealth, and where the workers managed them
themselves. Such corporations would be far less
problematic than the largest ones
--- joanna bujes [EMAIL PROTECTED] wrote:
David B. Shemano wrote:
So, when I, avoiding immiseration, get a job to work
in a corporation, I
am entering in a contract over which I have any
control? I can bargain
for my wage? I can bargain for my vacation? I can
bargain for the
conditions
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