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38596 London riot -- rank: 1000

[We Americans have so much to learn...] Guardian (London) - June 19, 1999 DAY THE CITY TURNED INTO A BATTLEGROUND Protests began in a carnival spirit, but then the mood turned ugly and buildings were trashed and cars set on fire: Human chains were formed around the treasury and demonstrators abseiled down Tower Bridge John Vidal and Libby Brooks A long day of carnival and peaceful protest against world debt, the arms trade and financial institutions turned into a riot yesterday afternoon as demo ...

Document Size:	8998
Author:	Doug Henwood
Date:	Sat Jun 19 08:37:33 PDT 1999

38597 anti-capitalism in NYC -- rank: 1000

[Thanks to Kirsten Neilsen for pointing this out. I walked ahead of the crowd to the intersection of Broad & Wall, the epicenter of world capitalism, and it was amazing to watch the cops mobilize to defend the sacred ground. Hundreds of cops everywhere, like they were expecting The Revolution. Cops were arresting anyone who stepped off the sidewalk and onto the street. Anyone chalking on the sidewalk was arrested too - and if you didn't have ID, you spent the night in jail. The front page of ...

Document Size:	8088
Author:	Doug Henwood
Date:	Sat Jun 19 08:34:19 PDT 1999

38598 Y/E -- rank: 1000

jmage at panix.com wrote: >What happens if you do GDP per employed person? Is Italy at the top of the >list? Using the BLS figures for employment and the World Bank figures for dollar GDP, we get this for GDP per employed person in 1997: Germany $77,150 Japan 64,564 France 63,238 U.S. 60,467 Sweden 57,297 Italy 57,135 Netherlands 50,530 UK 48,111 Australi ...

Document Size:	4889
Author:	Doug Henwood
Date:	Sat Jun 19 08:24:24 PDT 1999

38599 Fwd: 1999-06-18 G7 Fact Sheet on Strengthening International Financial -- rank: 1000

[To quote that classic mock headline from the Carter years, more mush from the wimp.] Date: Fri, 18 Jun 1999 17:05 -0400 From: The White House <Publications-Admin at Pub.Pub.WhiteHouse.Gov> To: Public-Distribution at Pub.Pub.WhiteHouse.Gov Subject: 1999-06-18 G7 Fact Sheet on Strengthening International Financial Keywords: Business, Economy, Fact-Sheet, Fiscal-Policy, Foreign, Government, International-Cooperation, International-Economy, Monetary-Policy, Staff-Report, Western-Europe Docume ...

Document Size:	11334
Author:	Doug Henwood
Date:	Fri Jun 18 15:52:04 PDT 1999

38600 Unemployment 4.2% -- rank: 1000

J. Barkley Rosser, Jr. wrote: > Well, another problem in comparing Europe and >the US is the very high rate of people in prison in the >US especially minority males. They do not get counted >as part of the labor force and this is a serious distortion >in making international comparisons. As a percent of >the working age population, employment is not all that >much higher in the US than in Western Europe, if at all. Depends on how you define "all that much higher, ...

Document Size:	5512
Author:	Doug Henwood
Date:	Fri Jun 18 14:52:45 PDT 1999

38601 Unemployment 4.2% -- rank: 1000

Tom Waters wrote: >I assume that's because employment is not the only component of >working-class well-being, rather than because employment has nothing to do >with well-being. I wish I had a job. > >What are the reasons why European workers as a class are better off than >US workers? Can those other components of well-being be meaningfully >combined with employment to give a better picture? Relatively higher wages (and in some countries, absolutely higher wages), better ben ...

Document Size:	5005
Author:	Doug Henwood
Date:	Fri Jun 18 11:10:25 PDT 1999

38602 Unemployment 4.2% -- rank: 1000

Juan Jose Barrios wrote: >And how does the above plays in relation to productivity growth? It seems that >women work, low paying jobs and longer working hours have incresed >productivity, >right? Up to a point. But if they're concentrated in low-productivity service jobs - how many more burgers can you flip in an hour, or how many more fingernails can you buff? - the overall contribution isn't that great. >I read an article on a local magazine where it is said that US >producti ...

Document Size:	5351
Author:	Doug Henwood
Date:	Fri Jun 18 10:37:26 PDT 1999

38603 Unemployment 4.2% -- rank: 1000

Charles Brown wrote: >I have no doubt that the government economists and statisticians do not >intend the unemployment rate to measure human deprivation to the extent I >am pushing it. However, the Marxist economists I have read and studied do >use it in this way. The fact that Marxist economists must rely on >government figures to an extent, though with modifications, does not mean >that they limit the significance of its social, political and economic >impact the way the ...

Document Size:	7028
Author:	Doug Henwood
Date:	Fri Jun 18 10:16:07 PDT 1999

38604 Unemployment 4.2% -- rank: 1000

Seth Ackerman wrote: >I've always thought the best way to measure changes in unemployment is >to create an index based of the percentage of working-aged people >without jobs. It wouldn't measure "labor-market tightness" but it would >measure something close to what we think of as "labor-market >well-being." Or in other words, 100% less the employment/population ratio. By that measure, the U.S. working class is a lot better off than the Western European working ...

Document Size:	4925
Author:	Doug Henwood
Date:	Fri Jun 18 10:05:45 PDT 1999

38605 Habermas and NATO's War? -- rank: 1000

Greg Nowell wrote: >I think there's an article by Vaclav Havel in support of the bombing in >the New >York REview of Books. -gn. And an awful piece of crap it is. I put it up on the LBO website at <http://www.panix.com/~dhenwood/Havel.html>. There are no links to it elsewhere on the site, to keep the copyright snoops at bay. Doug

Document Size:	4834
Author:	Doug Henwood
Date:	Fri Jun 18 09:47:14 PDT 1999

38606 Unemployment 4.2% -- rank: 1000

Max Sawicky wrote: ><< The unemployment rate isn't really intended as a measure of human >deprivation; it's intended as a measure of labor market tightness, which is >what the employing class cares about. >> > >Granting that UE does not measure well-being in many >important dimensions, it remains that the relation >between UE and the business cycle is a proper object >of interest for the other class. Insofar UE is equally >erroneous with respect to the und ...

Document Size:	5211
Author:	Doug Henwood
Date:	Fri Jun 18 08:13:24 PDT 1999

38607 "Why Willy Loman lives" -- rank: 1000

Carl Remick quoted The Economist: >John Schmitt at the >Economic Policy Institute points out that if you exclude women (whose >careers have become slightly more secure), many of the standard >insecurity measures are still worsening. Not to nitpick or anything, but why should you exclude women? This is a very odd way of saying that women have been doing better in the labor market and men have been doing worse, which, in job security/tenure measures averages out to a rather flattish pi ...

Document Size:	5104
Author:	Doug Henwood
Date:	Fri Jun 18 08:06:23 PDT 1999

38608 against "the evils of capitalism" -- rank: 1000

Chris Burford wrote: >Yesterday he gave a news conference with an elaborate satellite connection Is this sort of Reaganesque/Clintonesque stuff new to British politics? Or has it been around for the last 20 years too? Doug

Document Size:	4725
Author:	Doug Henwood
Date:	Fri Jun 18 07:45:11 PDT 1999

38609 Russian cohesion up 5! -- rank: 1000

EastWest Institute Russian Regional Report Vol. 4, No. 23, 17 June 1999 Russian Cohesion Index: -24 (up 5 this week) Disintegration.............L.T..............0..............Democratic Federalism (T = this week; L = last week; 0 = 17 March) ***** For a graphic display of the Russian Cohesion Index since 17 March, see: http://www.iews.org/RRRabout.nsf/pages/Russian+Cohesion+Index ***** +++++ Former Prime Minister Sergei Kirienko's decision to enter the Moscow mayor's race has given him a platfo ...

Document Size:	7429
Author:	Doug Henwood
Date:	Fri Jun 18 07:16:33 PDT 1999

38610 4.2% Unemployment -- rank: 1000

Henry C.K. Liu wrote: >Re: output per hour, how is output denominated? Monetary value? Yes, inflation-adjusted monetary value. Doug

Document Size:	4456
Author:	Doug Henwood
Date:	Fri Jun 18 07:09:40 PDT 1999