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35851 new class -- rank: 1000

Date: Sun, 20 Feb 2000 23:50:22 +1100 To: lbo-talk at lists.panix.com From: Rob Schaap <rws at comedu.canberra.edu.au> Subject: Re: "New Class"? Weber Redux! (was Re: whatever [something about objectivity]) G'day John, >Sorry for sounding more neo-Weberian than the Weberian Marxists, but don't >those segments of the working class (defined in standard Marxist terms) >who own their own housing (and thus have a stake in seeing landed property >values rise) or have pensio ...

Document Size:	6874
Author:	Doug Henwood
Date:	Sun Feb 20 21:03:53 PST 2000

35852 new class -- rank: 1000

Content-Type: text/plain; charset="us-ascii" Date: Sun, 20 Feb 2000 23:11:18 +1100 To: lbo-talk at lists.panix.com From: Rob Schaap <rws at comedu.canberra.edu.au> Subject: Re: "New Class"? Weber Redux! G'day Peter, I see Kelley and Carrol have had useful things to say on this thread already, but I think we;re beginning to forget the point you're making about what 'secondary' means. You write: >This last line sort of surprises me; granted you say "extreme politi ...

Document Size:	9389
Author:	Doug Henwood
Date:	Sun Feb 20 21:01:35 PST 2000

35853 stox -- rank: 1000

Michael Pollak wrote: >I was wondering about that. Now I don't feel so bad. If the Chairman >confuses productivity and supposed profitability, what is a person is only >knows what he reads in the papers to do? I think Greenspan is looking to tighten, and he's just saying stuff that gives him cover for doing so. If he thinks the stock market should grow no faster than household incomes - and he's implied that household incomes are growing too fast too - then look out below. Doug

Document Size:	4717
Author:	Doug Henwood
Date:	Sun Feb 20 20:58:23 PST 2000

35854 Fwd: UPS -- rank: 1000

[sent to me rather than the list] From: Mattcapri at aol.com Date: Sat, 19 Feb 2000 20:03:52 EST Subject: UPS To: owner-lbo-talk at lists.panix.com MIME-Version: 1.0 Hi folks, Has anyone seen this? Apparently a federal court is requiring that UPS create 2000 full time positions. An article about this sort of went "Pasteurize" i.e. I checked it iin to the library I now work at but didn't have time to give it a thorough read. My suspicion is that this will get appealed and whittled down ...

Document Size:	4991
Author:	Doug Henwood
Date:	Sat Feb 19 17:35:53 PST 2000

35855 US resumes training Indonesian army -- rank: 1000

[via Michael Eisenscher] http://www.iht.com/IHT/TODAY/SAT/IN/indo.2.html International Herald Tribune - February 19, 2000 U.S. Resumes Training Plan For Officers Of Indonesia By Rajiv Chandrasekaran Washington Post Service JAKARTA - The U.S. Defense Department has quietly resumed training Indonesian military officers in the United States, restoring a key element of the Pentagon's relationship with Indonesia that was suspended last year after Indonesian soldiers took part in the violence that eng ...

Document Size:	8950
Author:	Doug Henwood
Date:	Sat Feb 19 13:32:53 PST 2000

35856 Sweeney Defends Gore Endorsement -- rank: 1000

jf noonan wrote: >So what, exactly, (other than to endorse Gore) is the AFL-CIO >for? It sounds like a big, fat, purposeless bureaucracy. It could be doing more nationally coordinated organizing, for one; individual unions aren't all as enthusiastic about that project as they should be. But I'm not really talking about the actually existing Federation as general principles of organization. I can't see how you can fight Big Capital without (nonpejoratively named) Big Labor. Lots of little ...

Document Size:	5104
Author:	Doug Henwood
Date:	Sat Feb 19 13:19:59 PST 2000

35857 Sweeney Defends Gore Endorsement -- rank: 1000

Dace wrote: >I'm not using the term in that sense. I mean "Big Labor" in the sense that >it's disconnected from the "little people," i.e. the grass roots. Don't know if Josh Mason is listening, but we had a version of this discussion before you signed on, I think. You could argue - as Josh, Bob Fitch, or I would - that in some ways the U.S. labor movement is too decentralized, fragmented like the rest of our political system. The AFL-CIO has little power on its own; it ...

Document Size:	5484
Author:	Doug Henwood
Date:	Sat Feb 19 12:34:32 PST 2000

35858 FROP etc -- rank: 1000

Charles Brown wrote: >But Marx's theory of the business cycle , FROP and contradictorily >overproduction/underconsumption, is a theory of cyclical , not >capitalism endtime , crisis, isn't it ? Well that's what I'm trying to get all the FROP fans to clarify. If it's just a theory of the business cycle, that's not uninteresting, but it's also about as conventional a kind of economics as you can find. Every standard issue Wall Street economist does business cycle economics. I don't think ...

Document Size:	5172
Author:	Doug Henwood
Date:	Sat Feb 19 12:19:34 PST 2000

35859 FROP etc -- rank: 1000

Rakesh Bhandari wrote: >So The first point (and there are many things to be said here) is that >however much surplus value (or net output) is projected to rise due to >bringing on such cheaper equipment, it has to be sufficient to cover losses >on that old capital brought into being under less productive conditions. >The absolute growth of capital requires a rate of surplus value large >enough to cover both the new investments and the devaluation of the >existing capital. Wh ...

Document Size:	4897
Author:	Doug Henwood
Date:	Sat Feb 19 12:00:35 PST 2000

35860 stox -- rank: 1000

Tom Lehman wrote: >Doug--I could dig out my late fall prediction about gasoline prices. :o) >Out here in the ex-urbs where gasoline prices are usually cheaper we are >paying on average $1.55 a gallon for regular no-lead with or without >additives. > >Gasoline prices have got to put a crimp in the economy, and, $1.80 a >gallon regular gasoline can't be too far off for many of you. Onward to $3, $4 a gallon! And the extinction of the SUV. Doug

Document Size:	4731
Author:	Doug Henwood
Date:	Sat Feb 19 09:01:45 PST 2000

35861 FROP etc -- rank: 1000

Fabian Balardini wrote: >The current debate on the FROP is published in the latest issue of >the journal "Research in Political Economy No.17" and taking place >between D. Laibman and D. Foley supporting the Okishio theorem and >A. Kliman and A. Freeman supporting Marx's notion of the FROP (you >can also look at the archive of OPE-l where the same debate has been >going on for about 4 years). >The interesting insight lurking on the background of this new (and >m ...

Document Size:	6410
Author:	Doug Henwood
Date:	Sat Feb 19 00:16:22 PST 2000

35862 amnesty -- rank: 1000

Date: Fri, 18 Feb 2000 14:24:48 -0500 (EST) X-Sender: bhandari at mmp.princeton.edu Message-Id: <v02130507630c25079729@[128.112.71.26]> Mime-Version: 1.0 Content-Type: text/plain; charset="us-ascii" X-mailer: Eudora Pro 2.1.3 To: lbo-talk at lists.panix.com From: bhandari at mmp.princeton.edu (Rakesh Bhandari) Subject: RE: Clinton/Sweeney Amnesty Plan For some reason, Nathan did not append my last critical paragraph to his reply...hmmm... "It does still seem to me to be a mi ...

Document Size:	6801
Author:	Doug Henwood
Date:	Sat Feb 19 00:16:59 PST 2000

35863 stox -- rank: 1000

Chris Doss wrote: >Any comments on this? > >NEW YORK (Reuters) - U.S. stocks crumbled on Friday, dragged down by >technology issues, after a report showing an inflation-free economy >failed to ease growing worry that interest rates may keep rising. Judging from Greenspan's comments the other day <http://www.bog.frb.fed.us/BoardDocs/HH/2000/February/Testimony.htm> he seems really serious about reining in the stock market. Some excerpts follow. Thanks to Enrique for pointing o ...

Document Size:	10948
Author:	Doug Henwood
Date:	Fri Feb 18 23:35:52 PST 2000

35864 Paul Weyrich says McCain a "Manchurian Candidate" -- rank: 1000

jlgulick at sfo.com wrote: >(P.S. -- Doug, I know this is my 4th message of the day -- please show a >little mercy, I'm just getting my feet wet after years of self-imposed >exile ...) You're hardly the worst offender. I've been a bit distracted lately, but will all you egregious overposters please restrain yourselves? Doug

Document Size:	5131
Author:	Doug Henwood
Date:	Fri Feb 18 14:57:56 PST 2000

35865 FROP etc -- rank: 1000

Roger Odisio wrote: >But I doubt if Laibman meant paradigm when he said theory. That >would have been >uninteresting, and Doug wouldn't have thought it silly, would he? Here's the context. I laid out a bunch of empirical violations of efficient market theory (excess volatility, mean reversion, valuation anomalies, etc.), and said that the theory didn't stand. I did offer an implicit theory (crowd psychology, overreaction, etc.). But he objected to my conclusion that EM theory was dispr ...

Document Size:	4983
Author:	Doug Henwood
Date:	Fri Feb 18 14:48:31 PST 2000