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22066 [lbo-talk] quote of the day -- rank: 1000

"Gay men are guardians of the masculine impulse. To have anonymous sex in a dark alleyway is to pay homage to the dream of male freedom. The unknown stranger is a wandering pagan god. The altar, as in prehistory, is anywhere you kneel." -- Camille Paglia

Document Size:	4687
Author:	Doug Henwood
Date:	Sun Mar 7 07:31:05 PST 2004

22067 [lbo-talk] Rick Wilhelm on John Kerry -- rank: 1000

Yoshie Furuhashi wrote: >According to research, it appears to me Kerry is a far-right candidate. How can you take an analysis seriously if that's the first sentence? If Kerry is far right, what is Bush? Lott? Talk about a lust for self-marginalization.... Doug

Document Size:	4831
Author:	Doug Henwood
Date:	Sun Mar 7 07:25:40 PST 2004

22068 [lbo-talk] Re: wotsit madder -- rank: 1000

Carrol Cox wrote: >we have to use a definition of >"unhealthy" which implies the subject to be unhappy Why? Psychopaths don't feel unhappy, do they? The quickie definition of sociopathic personality disorder (the current term): >[n] a personality disorder characterized by amorality and lack of >affect; capable of violent acts without guilt feelings >(`psychopathic personality' was once widely used but was superseded >by `sociopathic personality' to indicate the socia ...

Document Size:	5784
Author:	Doug Henwood
Date:	Sat Mar 6 15:17:47 PST 2004

22069 [lbo-talk] Pollin on Sweezy -- rank: 1000

<http://www.counterpunch.org/pollin03062004.html> Remembering Paul Sweezy "He was an Amazingly Great Man" By ROBERT POLLIN [...] There is no doubt that Paul was the leading Marxian economist in the United States, and probably the world, during his lifetime. Certainly he was the most widely recognized and respected. In my view, he made four major intellectual/political contributions. [...] [and evidently John Mage isn't the only one...] Which brings up another point. Paul was lege ...

Document Size:	6187
Author:	Doug Henwood
Date:	Sat Mar 6 14:54:27 PST 2004

22070 [lbo-talk] Scapegoat Stewart -- rank: 1000

ThatRogersWoman wrote: >After >all, Martha saved, what, a few thousand? Was it somewhere between 80 >and 100 grand? Less - about $45,000. And the only people who lost jobs because of the act are she, Bacanovic, and Faneuil. Doug

Document Size:	4691
Author:	Doug Henwood
Date:	Sat Mar 6 14:44:23 PST 2004

22071 [lbo-talk] Scapegoat Stewart -- rank: 1000

Carl Remick wrote: >"Maybe it's a victory for the little guy who loses money in the >markets because of these types of transactions, the people who lose >money in 401(k) plans," he said. "Maybe it might give the average >guy a little more confident feeling that (he) can invest in the >market and everything will be on the up and up." ... Ah yes, Juror #8. I heard him talking this nonsense on WINS last night. And in the same report, the U.S. prosecutor argued tha ...

Document Size:	5283
Author:	Doug Henwood
Date:	Sat Mar 6 09:33:39 PST 2004

22072 [lbo-talk] Re: wotsit madder -- rank: 1000

Bill Bartlett wrote: >I doubt it makes the mechanics of the economy any clearer to refer >to supply as "effective demand". It makes a very important point for Keynes: the level of demand in an economy is determined by the investment and hiring decisions of businesspeople, and their decisions are based on expected profit. The word "expected" is very important for Keynes - a lot depends on the psychological state of the investing class. Supply siders like to claim that JM ...

Document Size:	5018
Author:	Doug Henwood
Date:	Fri Mar 5 15:35:47 PST 2004

22073 [lbo-talk] Re: wotsit madder\Doug on Japan -- rank: 1000

Paul wrote: >Doug wrote: >>.....Back in the 1980s, it was said that Japan was cleverly >>ignoring short-term profit consideration in favor of a long-term >>strategy of building market share; that didn't work out too good. > > >Interesting. Anybody you know written about Japan from this perspective? The market share argument was ubiquitous. There was a two-volume collection on the Political Economy of Japan that came out in the late 1980s, from Stanford University P ...

Document Size:	5363
Author:	Doug Henwood
Date:	Fri Mar 5 15:32:50 PST 2004

22074 [lbo-talk] Bush at Harvard -- rank: 1000

<http://www.glocom.org/opinions/essays/20040301_tsurumi_president/> President George Bush and the Gilded Age Yoshi Tsurumi (Professor of International Business, Baruch College, the City University of New York) [...] At Harvard Business School, thirty years ago, George Bush was a student of mine. I still vividly remember him. In my class, he declared that "people are poor because they are lazy." He was opposed to labor unions, social security, environmental protection, Medicare, a ...

Document Size:	5315
Author:	Doug Henwood
Date:	Fri Mar 5 15:31:14 PST 2004

22075 [lbo-talk] Haiti expert? -- rank: 1000

J Cullen wrote: >Amy Wilentz? Wrote "The Rainy Season" on Haiti since the Duvaliers. Didn't you know she's a liberal imperialist? Doug

Document Size:	4546
Author:	Doug Henwood
Date:	Fri Mar 5 15:27:26 PST 2004

22076 [lbo-talk] Re: wotsit madder -- rank: 1000

Bill Bartlett wrote: Michael Dawson -PSU wrote: I can see the point and realism of Doug's usage, but I still think the above is erroneous. Productive (leading to increased goods/services output) capitalist investments are made based on the existence or non-existence of promising pools of effective demand, not on the basis of some general profit-rate calculation: This is rather fanciful. Of course there needs to be "effective demand", that is to say potential customers who would be wil ...

Document Size:	6931
Author:	Doug Henwood
Date:	Fri Mar 5 14:59:31 PST 2004

22077 [lbo-talk] Bones update -- rank: 1000

New York Daily News - March 5, 2004 Lowdown Lloyd Grove Yale Bones connect Bush, Kerry Never mind Iraq, terrorism and the economy. For some conspiracy-minded voters, the real issue of the 2004 presidential campaign is the allegedly sinister influence of Skull and Bones. Both President President Bush and his all-but-certain Democratic opponent, Sen. John Kerry of Massachusetts, were members of the elite and secretive club that meets in a windowless mausoleum on the Yale campus in New Haven. Both ...

Document Size:	7643
Author:	Doug Henwood
Date:	Fri Mar 5 14:14:48 PST 2004

22078 [lbo-talk] Re: wotsit madder -- rank: 1000

Michael Dawson -PSU wrote: >I can see the point and realism of Doug's usage, but I still think the above >is erroneous. Productive (leading to increased goods/services output) >capitalist investments are made based on the existence or non-existence of >promising pools of effective demand, not on the basis of some general >profit-rate calculation: "I have x-million dollars. If I invest it in >Project A, how much more money am I likely to get back? Are there enough >p ...

Document Size:	5859
Author:	Doug Henwood
Date:	Fri Mar 5 14:06:28 PST 2004

22079 [lbo-talk] Re: wotsit madder -- rank: 1000

Michael Dawson -PSU wrote: >Don't have my copy here at the office: Do you use the rate-of-profit idea, >or just evidence of squeezed profit-derived incomes? Rates of return on nonfinancial capital, computed by dividing NIPA profits by the flow of funds estimates of the capital stock. It moves more or less in tandem with other things, like stock prices and the profit share of GDP. I think it's pretty damned important, since 1) profits are the main source of investment funds, and investment ...

Document Size:	5152
Author:	Doug Henwood
Date:	Fri Mar 5 13:33:57 PST 2004

22080 [lbo-talk] Re: wotsit madder -- rank: 1000

Michael Dawson -PSU wrote: > > I would sincerely be interested in getting references for some good non >> "dogmatic" marxists (or non-marxists) for whom profits rates do not >> matter. Any suggestions? > >Paul Marlor Sweezy. > >Also, I can't remember Doug Henwood ever basing an argument on the "rate of >profit." Well, much of the last chapter of After the New Economy is organized around it: its fall in the 1970s that led to the right-wing ...

Document Size:	5078
Author:	Doug Henwood
Date:	Fri Mar 5 13:19:16 PST 2004