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1621 [lbo-talk] spam poetry -- rank: 1000

Hey Carrol, is this art? Just got it as a spam. > Hello from Alberta Skidgel, swarm astuteness > > Smelling like a whore flower Wimpole. What then the army but so fast klvobef.

Document Size:	4619
Author:	Doug Henwood
Date:	Mon Mar 7 13:11:29 PST 2011

1622 [lbo-talk] direct action -- rank: 1000

[don't know the source, but reliable...] Radhey Shyam Roy, Indian Executive Burned To Death By Fired Workers BHUBANESHWAR, India Indian police detained two people after an angry mob of fired workers burned to death a senior executive of a steel factory, an official said Friday. After learning they were laid off, about a dozen workers attacked a vehicle carrying Radhey Shyam Roy as he was leaving the factory in eastern Orissa state on Thursday, dousing the Jeep with gasoline and setting it on f ...

Document Size:	5716
Author:	Doug Henwood
Date:	Mon Mar 7 10:38:05 PST 2011

1623 [lbo-talk] An Orgy of Speculation? -- rank: 1000

On Mar 5, 2011, at 11:47 PM, michael perelman wrote: > Doug uses measures for the entire economy. No, nonfinancial corporations. NIPA profits divided by the Fed's estimates of the value of the tangible capital stock. Doug

Document Size:	4735
Author:	Doug Henwood
Date:	Sun Mar 6 15:05:58 PST 2011

1624 [lbo-talk] An Orgy of Speculation? -- rank: 1000

On Mar 5, 2011, at 11:14 PM, Peter Fay wrote: > Does anyone have anything to say these are incorrect? Call me a tool, if you like, but I prefer to use the bourgeoisie's valuation of its own capital stock rather than that of Marxists who want to prove a point, and adjust the valuation accordingly. Like I said, anyone who lived through the last 30 years and thinks that the rate of profit didn't increase over that time really needs to have his or her head, or at least several of his or her sense ...

Document Size:	5107
Author:	Doug Henwood
Date:	Sun Mar 6 15:05:23 PST 2011

1625 [lbo-talk] Far-right leader Marine Le Pen could win -- rank: 1000

On Mar 6, 2011, at 3:39 PM, SA wrote: > No, Marine LP can't win. The poll shows she could get into the second round, where she'll be massively defeated. It would be a repeat of 2002, in other words. > > Second, on the whole, political discourse in France has clearly moved left since the crisis, not to the right. A Facebook friend of mine - a Serb living in Paris - is far more worried than you and says she experiences racist shit every day as soon as anyone hears her accent. Regardless o ...

Document Size:	5315
Author:	Doug Henwood
Date:	Sun Mar 6 14:41:27 PST 2011

1626 [lbo-talk] Bob Fitch, RIP -- rank: 1000

I just heard that Bob Fitch died. He had a blood clot in his leg that traveled. He had a couple of heart attacks last week and was in a coma. He had another heart attack that killed him. I'm kind of speechless. I'd fallen out of touch with Bob in recent years, but I liked and admired him a lot. This is very sad. Doug

Document Size:	4769
Author:	Doug Henwood
Date:	Sun Mar 6 07:32:58 PST 2011

1627 [lbo-talk] An Orgy of Speculation? -- rank: 1000

On Mar 5, 2011, at 8:22 PM, michael perelman wrote: > Although > manufacturing profits did not fall s much as they might have because > the least profitable enterprises closed down or moved offshore. Isn't that the way capitalism works?

Document Size:	4774
Author:	Doug Henwood
Date:	Sat Mar 5 17:32:12 PST 2011

1628 [lbo-talk] An Orgy of Speculation? -- rank: 1000

On Mar 5, 2011, at 1:54 PM, SA wrote: > On 3/5/2011 1:38 PM, Peter Fay wrote: > >> Not to rain on this parade, but did profitability really rise 1982-97? >> Andrew Kliman argues nominal rates rose then, but profit rates adjusted to >> money prices, etc. show a continual decline(hope he doesn't mind me quoting >> his rough draft - "Value and Crisis: Bichler& Nitzan versus Marx"): > > Kliman has also done interesting work on the sociology of know ...

Document Size:	5307
Author:	Doug Henwood
Date:	Sat Mar 5 11:01:11 PST 2011

1629 [lbo-talk] An Orgy of Speculation? -- rank: 1000

On Mar 5, 2011, at 1:38 PM, Peter Fay wrote: > Not to rain on this parade, but did profitability really rise 1982-97? > Andrew Kliman argues nominal rates rose then, but profit rates adjusted to > money prices, etc. show a continual decline(hope he doesn't mind me quoting > his rough draft - "Value and Crisis: Bichler & Nitzan versus Marx"): Yeah, you can always adjust away things that are inconvenient for your theory. I would say that anyone who lived through the years ...

Document Size:	5233
Author:	Doug Henwood
Date:	Sat Mar 5 10:50:05 PST 2011

1630 [lbo-talk] An Orgy of Speculation? -- rank: 1000

On Mar 5, 2011, at 1:22 PM, Eric Beck wrote: > Apropos maybe of nothing, I have to worry about (leftist) critics who > combine the words "orgy" and "speculation" to form a pejorativ No, that's not nothing. There's a deep moralism underlying a lot of left critiques of "speculation" - as if it were morally superior to exploit labor in production. Doug

Document Size:	4931
Author:	Doug Henwood
Date:	Sat Mar 5 10:30:21 PST 2011

1631 [lbo-talk] An Orgy of Speculation? -- rank: 1000

On Mar 5, 2011, at 10:46 AM, Wojtek S wrote: > But that is exactly what Brenner argues. Contrary to what Brad > claims, Brenner shows a secular decline in mfg profit rates (i.e. > surplus value/capital invested) in the time period preceding > financialization (1950s to 1970s) - and argues that financialization > that started in the late 1970s and 1980s was the capital's solution to > this systemic problem of falling rates. Correlation is not causation, etc. etc., but the correl ...

Document Size:	6349
Author:	Doug Henwood
Date:	Sat Mar 5 08:35:18 PST 2011

1632 [lbo-talk] An Orgy of Speculation? -- rank: 1000

On Mar 4, 2011, at 9:23 PM, michael perelman wrote: > Low profits did cause the shift to > financialization How? Profitability rose from 1982 to 1997, as financialization proceeded apace. Financialization assisted the rise in profitability, by forcing restructuring on the productive sector. Doug

Document Size:	4830
Author:	Doug Henwood
Date:	Fri Mar 4 18:44:08 PST 2011

1633 [lbo-talk] ravitch talks to jon stewart -- rank: 1000

On Mar 4, 2011, at 12:24 AM, Alan Rudy wrote: > made me wonder > if he's sending his kids to a charter school. On his income, probably private.

Document Size:	4712
Author:	Doug Henwood
Date:	Fri Mar 4 04:48:46 PST 2011

1634 [lbo-talk] U.S. oil production soars -- rank: 1000

On Mar 2, 2011, at 6:27 PM, Eubulides wrote: > On Wed, Mar 2, 2011 at 3:20 PM, Doug Henwood <dhenwood at panix.com> wrote: > >> [memo to peak oilers: a breaking news alert from the FT] > > ================ > > Would that be the same FT that ran the following? > > > Capitalism can help weed out the crooks > By Luke Johnson > Published: March 1 2011 22:10 | Last updated: March 1 2011 22:10 That's like, you know, an opinion column. by a private equity du ...

Document Size:	5267
Author:	Doug Henwood
Date:	Wed Mar 2 15:32:19 PST 2011

1635 [lbo-talk] U.S. oil production soars -- rank: 1000

[memo to peak oilers: a breaking news alert from the FT] US oil production revives despite offshore disruption US oil production last year rose to its highest level in almost a decade, thanks to an increase in the use of unconventional extraction techniques As a result, analysts believe the US was the largest contributor to the increase in global oil supplies last year over 2009, and is on track to increase domestic production by 25 per cent by the second half of the decade.

Document Size:	5050
Author:	Doug Henwood
Date:	Wed Mar 2 15:20:18 PST 2011