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1036 [lbo-talk] The Generationally 1% -- rank: 1000

On Oct 24, 2011, at 3:29 PM, lbo83235 wrote: > Doug, could you help me understand the basis of answering a question about the "[inter-]generational perpetuity of wealth" on the basis of *income rather than wealth*? There really isn't much data on wealth. With income, you've got things like the PSID or, if you work for the Treasury, tax returns. No one really has any idea on wealth. I read a bunch of papers when I was researching Wall Street and the consensus seemed to be that 50-75% ...

Document Size:	5303
Author:	Doug Henwood
Date:	Mon Oct 24 12:38:52 PDT 2011

1037 [lbo-talk] ode to radical liberals -- rank: 1000

On Oct 24, 2011, at 3:03 PM, Andy wrote: > On Mon, Oct 24, 2011 at 2:02 PM, shag carpet bomb <shag at cleandraws.com> wrote: >> >> written in 2009, this seemed pretty prescient: >> >> "The radical liberals, in order "to defuse spontaneity, have a >> meeting. Then another, and another. Wait ten minutes, and then start >> over. [...] > > Sure, describes Doug and Jacobin perfectly. Stay classy! And who's having the meetings? I was at a 3 ...

Document Size:	5413
Author:	Doug Henwood
Date:	Mon Oct 24 12:11:35 PDT 2011

1038 [lbo-talk] OWS Demands working group: jobs for all! -- rank: 1000

On Oct 24, 2011, at 2:34 PM, Eric Beck wrote: > On Mon, Oct 24, 2011 at 1:16 PM, Doug Henwood <dhenwood at panix.com> wrote: > >> I've been reading your stuff for years and I really have no idea what you're actually for. You're against lots of things, but the for's elude me. > > The same as you (I think): communism. Yeah, me too. But you seem to be against anything one might do in this world to get even a few steps closer to it. Is it that a few steps closer are worse tha ...

Document Size:	5351
Author:	Doug Henwood
Date:	Mon Oct 24 11:46:37 PDT 2011

1039 [lbo-talk] OWS Demands working group: jobs for all! -- rank: 1000

On Oct 24, 2011, at 2:04 PM, Eric Beck wrote: > Not the kinds of conditions I'd consider desirable. I've been reading your stuff for years and I really have no idea what you're actually for. You're against lots of things, but the for's elude me. I'm not saying you have to be for something. I could be accused of being against everything and for not much of anything. But I'm still curious - am I missing something? Doug

Document Size:	5111
Author:	Doug Henwood
Date:	Mon Oct 24 11:16:10 PDT 2011

1040 [lbo-talk] The Generationally 1% -- rank: 1000

On Oct 24, 2011, at 9:57 AM, Bryan Atinsky wrote: > I have been reading in some discussions of the OWS movement, a statement > going along the lines of "Those born of parents in the one percent are > almost guaranteed to remain part of the 1%, whereas those in the 99% are > almost guaranteed not to become part of the 1%." > > I was just wondering who has good data on generational perpetuity of wealth. It helps a lot, but there's no guarantee. Actually, membership in t ...

Document Size:	7744
Author:	Doug Henwood
Date:	Mon Oct 24 08:46:25 PDT 2011

1041 [lbo-talk] Murray Bookchin on autonomy, consensus, democracy -- rank: 1000

On Oct 24, 2011, at 11:14 AM, SA wrote: > Of course, the updated version has to junk the proletariat and substitute the Movement for the Party. But the Party had a home address. It had leaders, a structure, a program. Now it's formlessness in the lead!

Document Size:	4954
Author:	Doug Henwood
Date:	Mon Oct 24 08:19:39 PDT 2011

1042 [lbo-talk] Murray Bookchin on autonomy, consensus, democracy -- rank: 1000

On Oct 23, 2011, at 7:25 PM, Mike Beggs wrote: > On Mon, Oct 24, 2011 at 12:20 AM, shag carpet bomb <shag at cleandraws.com> wrote: > >> Reading it all here and especially watching the panel I was reminded of a >> bunch of gray Eyeores occupying Eyeore's Gloomy Place: Rather Boggy and Sad, >> munching on thistles and muttering, "Oh me. Oh my. The rest of the animals >> in the Forest, they have no brain at all. Only gray fluff blown into their >> hea ...

Document Size:	5824
Author:	Doug Henwood
Date:	Mon Oct 24 07:59:58 PDT 2011

1043 [lbo-talk] those demands? forget about 'em! -- rank: 1000

On Oct 24, 2011, at 3:24 AM, Carrol Cox wrote: > I'm getting thoroughly disgusted. Chill, dude. You're further away from the action than most of the people who've been commenting, you know. Doug

Document Size:	4809
Author:	Doug Henwood
Date:	Mon Oct 24 07:50:50 PDT 2011

1044 [lbo-talk] profit-as-investment ? -- rank: 1000

On Oct 24, 2011, at 9:00 AM, Wojtek S wrote: > In national accounting, operating surplus (i.e. "profit") is > "distributed" into several "components" - distributed income of > corporations, taxes, social benefits, final consumption, and savings, > the latter basically ending up as investments of one sort or another. Yeah, but you're sort of mixing the income and product sides of the NIPAs. Profit is income, investment is product (expenditure of income) ...

Document Size:	5183
Author:	Doug Henwood
Date:	Mon Oct 24 07:50:01 PDT 2011

1045 [lbo-talk] Jacobin debate up -- rank: 1000

On Oct 23, 2011, at 3:19 PM, 123hop at comcast.net wrote: > I have no idea why she got all irate. She had a screw loose. Her comments hardly redeemed her. Doug

Document Size:	4687
Author:	Doug Henwood
Date:	Sun Oct 23 12:52:54 PDT 2011

1046 [lbo-talk] Europe Stifles Drivers in Favor of Mass Transit and Walking -- rank: 1000

On Oct 22, 2011, at 10:14 PM, Billy O'Connor wrote: > Trains are for fags Or Europeans - same thing!

Document Size:	4968
Author:	Doug Henwood
Date:	Sun Oct 23 08:10:01 PDT 2011

1047 [lbo-talk] profit-as-investment ? -- rank: 1000

On Oct 23, 2011, at 9:57 AM, shag carpet bomb wrote: > one of the people involved in the liberty square "vision" stuff promotes "profit as investment" and a lot of open source techno-libertarianism. > > what is is "profit as investment"? Makes no sense to me. But a lot of the rest of the document doesn't either. Doug

Document Size:	4882
Author:	Doug Henwood
Date:	Sun Oct 23 07:53:27 PDT 2011

1048 [lbo-talk] The 1% -- rank: 1000

Housekeeping reminder: this was forwarded as a web page of over 500k. It bounced to me. I approved it, and Mailman stripped it of all the graphics and code and it was pared back to under 17k. Please, plain text, please. - Doug On Oct 22, 2011, at 10:48 AM, John E. Norem wrote: > The Wild Ride of the 1%

Document Size:	4684
Author:	Doug Henwood
Date:	Sat Oct 22 14:47:39 PDT 2011

1049 [lbo-talk] Iraq confessions -- rank: 1000

On Oct 22, 2011, at 11:59 AM, Carrol Cox wrote: > SA: Of course we all know this is a cover story. His real motive was to > increase the rate of profit. > > Huh? You really are, like me, a _very_ poor ironist. > > Stick to straight statement and you won't seem so stupid. That in no way resembles a sneer, right? Doug

Document Size:	4921
Author:	Doug Henwood
Date:	Sat Oct 22 09:17:25 PDT 2011

1050 [lbo-talk] Murray Bookchin on autonomy, consensus, democracy -- rank: 1000

On Oct 22, 2011, at 3:25 AM, 123hop at comcast.net wrote: > Yes, it's very sad and politically problematic. But perhaps it's the case that the emptier people are made to feel, the more important it is for them to assert their "individuality." > > A nation of exurbs and chain stores, teeming with individuals. This is a profound observation. The emptying out of society leads to a hysterical assertion of individualism. Doug

Document Size:	5299
Author:	Doug Henwood
Date:	Sat Oct 22 06:35:11 PDT 2011