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10186 [lbo-talk] law of value -- rank: 1000

On Nov 27, 2007, at 10:52 AM, Rakesh Bhandari wrote: > Capitalism contradicts itself. It is required to do > incompatible things. Compared to what? Is there anything in human life that isn't contradictory? A socialist economy would require a high level of productivity without the rewards and punishments provided by capitalism? A problem, or a contradiction? If a contradiction, a manageable one or a fatal one? I want to indulge Ivan and make him happy, but I have to say "no" ...

Document Size:	5072
Author:	Doug Henwood
Date:	Thu Nov 29 07:35:13 PST 2007

10187 [lbo-talk] law of value -- rank: 1000

On Nov 29, 2007, at 8:41 AM, Eubulides wrote: > You might want to peruse the discussions of Sraffa at OPE-L that > involve RB. Perhaps you'll reconsider your fawning.... > > <http://archives.econ.utah.edu/archives/ope-l/index.htm> Man, that's a wacky list, OPE-L! Purges, resignations, gag orders. This history belongs in the Smoking Gun or something: <http://archives.econ.utah.edu/archives/ope-l/2007m11/msg00162.htm>

Document Size:	5041
Author:	Doug Henwood
Date:	Thu Nov 29 06:07:47 PST 2007

10188 [lbo-talk] more on ADIA-C -- rank: 1000

On Nov 28, 2007, at 12:15 PM, Willy Greenfields wrote: > C will be > bringing the last $80BB of their SIVs onto the books In which case they have a big problem, no?

Document Size:	4677
Author:	Doug Henwood
Date:	Wed Nov 28 13:33:50 PST 2007

10189 [lbo-talk] Crisis and revolution (Was Re: offlist) -- rank: 1000

On Nov 28, 2007, at 4:15 PM, Jerry Monaco wrote: > I'm not sure what Doug means when he says, "There's plenty of > evidence that > poor people aren't all that unhappy - and that money doesn't make > people > happier." Surely he must define "poor" in a limited way. I'm referring to the so-called "economics of happiness" literature, which shows that economic growth has not made people in given countries happier over time, and which shows that rich pe ...

Document Size:	5397
Author:	Doug Henwood
Date:	Wed Nov 28 13:32:32 PST 2007

10190 [lbo-talk] Molecast audio: Author/journalist Doug Henwood on the real estate crisis and the faltering economy -- rank: 1000

Former Mpls City Pages editor and lbo-talk alum Steve Perry interviews me on the subprime crisis at: <http://www.dailymole.com/wordpress/2007/11/28/molecast-audio- authorjournalist-doug-henwood-on-the-real-estate-crisis-and-the- faltering-economy/> And if that doesn't work, try: <http://tinyurl.com/ypptlw>. Doug

Document Size:	5352
Author:	Doug Henwood
Date:	Wed Nov 28 11:54:29 PST 2007

10191 [lbo-talk] counter-tendencies -- rank: 1000

On Nov 28, 2007, at 2:28 PM, Dennis Claxton wrote: > Capitalism causes prolixity. People figure they're getting paid by > the word. There is this reflex on the left to try to list every problem, every injured group, every conceivable sadness - and to take the omission of one as symptomatic of something or other. At a 1992 rally for Jerry Brown in NYC, I heard Bella Abzug deliver a perfect example of that - in something like five minutes she must have listed 20 or 30 instances of oppr ...

Document Size:	5421
Author:	Doug Henwood
Date:	Wed Nov 28 11:49:34 PST 2007

10192 [lbo-talk] Crisis and revolution (Was Re: offlist) -- rank: 1000

No I didn't necessarily mean it as a joke. There's plenty of evidence that poor people aren't all that unhappy - and that money doesn't make people happier. On Nov 28, 2007, at 2:18 PM, Chris Doss wrote: > > I know you mean that jokingly, but it actually is a > serious question. > > --- Doug Henwood <dhenwood at panix.com> wrote: >> >> Ah, but are they unhappy?

Document Size:	5226
Author:	Doug Henwood
Date:	Wed Nov 28 11:45:29 PST 2007

10193 [lbo-talk] counter-tendencies -- rank: 1000

On Nov 28, 2007, at 1:58 PM, Charles Brown wrote: > Then there's war (of the industrial strength type), mass production of > nuclear weapons and other weapons of mass destruction, not to mention > mass immiseration and racism. Yeah, that too. Let's see how long a list we could make. Better it take pages and pages than five words. Doug

Document Size:	4833
Author:	Doug Henwood
Date:	Wed Nov 28 11:17:32 PST 2007

10194 [lbo-talk] counter-tendencies -- rank: 1000

Uh, sure. I thought that sort of thing was subsumed under "polarization," but if my catalog wasn't lengthy or complete enough, my apologies. On Nov 28, 2007, at 8:57 AM, Patrick Bond wrote: > Doug did you forget massive devalorization of overaccumulated capital > (paid for by the weakest, e.g. subprime mortgage or Third World debt > victims for instance), and volatility? If you agree these are > unfortunate, why leave them out of your curse on capital? Why now, of > al ...

Document Size:	5450
Author:	Doug Henwood
Date:	Wed Nov 28 10:52:02 PST 2007

10195 [lbo-talk] counter-tendencies -- rank: 1000

Uh, sure. I thought that sort of thing was subsumed under "polarization," but if my catalog wasn't lengthy or complete enough, my apologies. On Nov 28, 2007, at 8:57 AM, Patrick Bond wrote: > Doug did you forget massive devalorization of overaccumulated capital > (paid for by the weakest, e.g. subprime mortgage or Third World debt > victims for instance), and volatility? If you agree these are > unfortunate, why leave them out of your curse on capital? Why now, of > al ...

Document Size:	5047
Author:	Doug Henwood
Date:	Wed Nov 28 10:52:02 PST 2007

10196 [lbo-talk] Crisis and revolution (Was Re: offlist) -- rank: 1000

On Nov 28, 2007, at 1:34 PM, andie nachgeborenen wrote: > Most of humanity _in civilization_ has > been slaves, serfs, or women, mostly with 40 (or > less)-year life expectancies, subject to plagues and > famines at least once a generation, also endemic war, > conquest, enslavement, conscription, rape, chronic > disease, death in childbirth, paranoid witch hunts, > irrational and cruel social taboos, 50%+ infant > mortality, torture and the excesses of arbitrary and > ...

Document Size:	5332
Author:	Doug Henwood
Date:	Wed Nov 28 10:44:47 PST 2007

10197 [lbo-talk] journalists in Iraq: things really suck -- rank: 1000

<http://pewresearch.org/pubs/643/journalists-iraq> Journalists in Iraq: A Survey of Reporters on the Front Lines November 28, 2007 After four years of war in Iraq, journalists reporting from that country give their coverage a mixed but generally positive assessment, but they believe they have done a better job of covering the American military and the insurgency than they have the lives of ordinary Iraqis. And they do not believe the coverage of Iraq over time has been too negative. I ...

Document Size:	9433
Author:	Doug Henwood
Date:	Wed Nov 28 09:38:57 PST 2007

10198 [lbo-talk] Reform & revolution, socialism & communism -- rank: 1000

On Nov 28, 2007, at 7:10 AM, Tahir Wood wrote: > There is also no question of reforming it; it must just go. Wow, that sounds easy. And fun too! Where can I sign up? How is it you can be so nasty in your criticisms of others, then you can unleash a banality like this? Doug

Document Size:	5044
Author:	Doug Henwood
Date:	Wed Nov 28 09:04:17 PST 2007

10199 [lbo-talk] Marx, value, profit, etc. -- rank: 1000

On Nov 28, 2007, at 3:00 AM, Tahir Wood wrote: >>>> <lbo-talk-request at lbo-talk.org> 11/27/07 6:07 PM >>> > On Nov 27, 2007, at 3:50 AM, Tahir Wood wrote: > >> Our empiricists don't get that because the imagination has been >> trained >> out of them. > > Hmm, so not only do we have to adjust bourgeois accounting > categories, we have to re-train our imaginations to see the crisis? > > Tahir: Yes, of course. You are no doubt now ...

Document Size:	5700
Author:	Doug Henwood
Date:	Wed Nov 28 09:02:37 PST 2007

10200 [lbo-talk] Iraq: public sees progress, but still wants out -- rank: 1000

<http://pewresearch.org/pubs/642/public-sees-progress-in-war-effort> Public Sees Progress in War Effort November 27, 2007 For the first time in a long time, nearly half of Americans express positive opinions about the situation in Iraq. A growing number says the U.S. war effort is going well, while greater percentages also believe the United States is making progress in reducing the number of Iraqi casualties, defeating the insurgents and preventing a civil war in Iraq. Roughly half o ...

Document Size:	12516
Author:	Doug Henwood
Date:	Wed Nov 28 08:50:16 PST 2007