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35941 productivity miracle or workhouse? -- rank: 1000

Roger Odisio wrote: >Doug Henwood wrote: > > > Has the rate of profit hit 0 yet? I keep waiting.... > >I suppose you're waiting Doug because you think Marx's the law of the >tendency of the rate of profit to fall was a prediction of what will >happen to published profit rates. I've read accounts of Marxian rates of profit too. Shaikh says the U.S. rate is going up. I confess I find the whole FROP theory - at least the kind based on the rising OCC - completely mystical an ...

Document Size:	5251
Author:	Doug Henwood
Date:	Tue Feb 15 07:44:25 PST 2000

35942 productivity miracle or workhouse? -- rank: 1000

Jim heartfield wrote: >I would read all of this intellectual property emphasis as an attempt to >resolve problems of production at the level of the market. After all you >can't get people to buy more shoes than they need (except by lowering >the price, and hence changing their needs) but you can get them to buy >your brand instead of someone else's. British household expenditure on >clothes is remarkably stable for more than fifteen years (which explains >a lot!). The elevat ...

Document Size:	5465
Author:	Doug Henwood
Date:	Tue Feb 15 07:53:30 PST 2000

35943 productivity miracle or workhouse? -- rank: 1000

Fabian Balardini wrote: >Hey Doug, next time you jump to correct someone regarding Marxian >categories be ready to be corrected yourself and if you can take >that you should refrain from discussing Marx at all. Yes Sir. Doug

Document Size:	4726
Author:	Doug Henwood
Date:	Tue Feb 15 07:49:20 PST 2000

35944 Russian debt -- rank: 1000

DANIEL.DAVIES at flemings.com wrote: >The Paris Club is often harder than the LC, because it has a "comparable >treatment" clause, which prevents a borrower from giving any other creditor >a better deal than that which is given to the Paris Club (as the Germans >are currently pointing out in relation to Russia, debtors can give non-PC >creditors a worse deal, but not a better one). This effectively creates a >creditors' cartel and gives the PC a degree of leverage. ...

Document Size:	5460
Author:	Doug Henwood
Date:	Tue Feb 15 07:40:52 PST 2000

35945 Russian debt -- rank: 1000

Michael Pollak wrote: >Am I wrong in thinking that Russia's agreement with the London Club is a >vindication of Daniel Davies' argument last month that defaulting on >investors, properly handled, will induce them to write off a major portion >of your old debt? Russia is a special case - 27,000 nuclear weapons and all. If you're small & weak, you'd have a much harder time going it alone. > And that they will still let you back into the capital >markets in a short time? The ...

Document Size:	5878
Author:	Doug Henwood
Date:	Tue Feb 15 07:28:43 PST 2000

35946 computers & organizing -- rank: 1000

Wall Street Journal - February 15, 2000 Work Week BARGAINING CHIPS? Ford's PC perk could hand labor an organizing tool. Ford plans to put computers with Internet hookups in all employees' homes. But "the same technology that buys you a Ford Taurus enables you to organize a demonstration in Seattle," says Harley Shaiken, a Berkeley professor. The issue is moot at mostly unionized Ford: "We're very comfortable with our relationship with the United Auto Workers," spokesman Ed Mi ...

Document Size:	5529
Author:	Doug Henwood
Date:	Tue Feb 15 07:20:29 PST 2000

35947 round the bend -- rank: 1000

Michael Hoover wrote: >hey man, you're way too predictable, ignoring the politics of my >comment Because they're kind of hard to discern, actually. Doug

Document Size:	4466
Author:	Doug Henwood
Date:	Mon Feb 14 22:28:10 PST 2000

35948 Zaps -- rank: 1000

Wall Street Journal - February 14, 2000 U.S. Sees Rebels Posing A Threat to Mexican Vote By JOSE DE CORDOBA Staff Reporter of THE WALL STREET JOURNAL MEXICO CITY -- Mexican security officials are publicly confident about their ability to keep the peace during this pivotal presidential election year. But in Washington, U.S. Defense Department officials are concerned guerrilla groups still have the ability to "distract and disrupt" the electoral process. An overview of Mexico's insurgent ...

Document Size:	9441
Author:	Doug Henwood
Date:	Mon Feb 14 22:25:33 PST 2000

35949 round the bend -- rank: 1000

Michael Hoover wrote: >it's such a gas when the lbo boys club gets together to rehash the >goodle days... Bikini Kill? Doug

Document Size:	4437
Author:	Doug Henwood
Date:	Mon Feb 14 21:59:41 PST 2000

35950 productivity miracle or workhouse? -- rank: 1000

michael at ecst.csuchico.edu wrote: >I would never challenge you on any question of data. It does include >Boeing. Ok, then - Boeing makes very complicated equipment that requires gigantic capital expenditures. None of it is costlessly reproducible like videos or software. Ditto the products of Merck and Apple. How different is that from spinning equipment of the 19th century or chemical manufacture of the early 20th? So what *are* we talking about? Doug

Document Size:	5037
Author:	Doug Henwood
Date:	Mon Feb 14 21:41:22 PST 2000

35951 productivity miracle or workhouse? -- rank: 1000

michael at ecst.csuchico.edu wrote: >It is supposed to be about 1/2 of exports at a minimum. Does that include Boeing aircraft? I hear a lot of extravagant claims, but if you look at the U.S. export figures, they're hard to support. More detail please. Doug

Document Size:	4815
Author:	Doug Henwood
Date:	Mon Feb 14 21:25:02 PST 2000

35952 NYT does WSB -- rank: 1000

The New York Times website has gathered the paper's various utterances on William S Burroughs over the years <http://www.nytimes.com/books/yr/mo/day/specials/burroughs.html>. There's a hilarious daily review of Naked Lunch <http://www.nytimes.com/books/00/02/13/specials/burroughs-lunch.html>. Doug

Document Size:	4727
Author:	Doug Henwood
Date:	Mon Feb 14 21:16:29 PST 2000

35953 bear bait -- rank: 1000

Financial Times - February 15, 2000 Bank chief warns of 'overshoot' By Ed Crooks, Economics Editor - 15 Feb 2000 02:49GMT Eddie George, governor of the Bank of England, on Monday warned about threats to the world economy and urged the private sector to prepare for the next big financial crisis. Mr George said Britain and the US were "operating close to overall capacity with ultimately unsustainable growth of domestic demand" a clear signal that he expects interest rates to keep on risi ...

Document Size:	6126
Author:	Doug Henwood
Date:	Mon Feb 14 21:07:13 PST 2000

35954 productivity miracle or workhouse? -- rank: 1000

Michael Perelman wrote: >Intellectual property is everywhere. Disney clothes, Nike shoes, >pharmaceuticals Well yes. How *big* is this everywhere? Do you have any measures of magnitude, or is it purely gee-whiz subjective? Doug

Document Size:	4732
Author:	Doug Henwood
Date:	Mon Feb 14 21:01:35 PST 2000

35955 margin debt spikes -- rank: 1000

[Jordan says this is nothing to be alarmed about.] Wall Street Journal - February 15, 2000 Heard on the Street Margin Debt Set a Record In January, Sparking Fears By GREG IP Staff Reporter of THE WALL STREET JOURNAL The amount of debt that investors took on to buy stocks in January shot up to another record even as the value of stocks fell, raising fresh concerns about speculative activity on Wall Street. It is a staggering statistic: Such debt -- known as margin buying -- rose 7% among New Yor ...

Document Size:	12823
Author:	Doug Henwood
Date:	Mon Feb 14 20:59:33 PST 2000