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39151 America the bubble-like? -- rank: 1000

FINANCIAL TIMES - JANUARY 6 1999 Currencies Dollar hits 27-month low against yen By Paul Abrahams in Tokyo and Alan Beattie in London The US dollar fell to a 27-month low against the yen in Europe and the US yesterday after Eisuke Sakakibara, Japan's vice finance minister for international affairs, said the US economy looked "bubble-like", that stock prices would fall and growth would slow. Mr Sakakibara, known as "Mr Yen" for his ability to move the currency markets, explai ...

Document Size:	7999
Author:	Doug Henwood
Date:	Wed Jan 6 01:25:55 PST 1999

39152 economists & Orthodoxy -- rank: 1000

[the economic mind at work...] "Sect, Subsidy and Sacrifice: An Economist's View of Ultra-Orthodox Jews" BY: ELI BERMAN Boston University National Bureau of Economic Research (NBER) Document: Available from the SSRN Electronic Paper Collection: http://papers.ssrn.com/paper.taf?abstract_id=141977 Paper ID: NBER Working Paper No. 6715 Date: September 1998 Contact: ELI BERMAN Email: Mailto:eli at bu.edu Postal: Boston University 270 Bay State Rd Boston, MA 02215 USA Phone: (617)3 ...

Document Size:	7039
Author:	Doug Henwood
Date:	Tue Jan 5 13:46:47 PST 1999

39153 J. Hecht's post on stock market -- rank: 1000

Greg Nowell wrote: >Jay Hecht wrote: >Take out the top 250 market cap stocks and there was no >gain in the stock >market (claims latest issue of Barron's) > >GN: > >Take off five pounds round my midrift and I didn't gain >any weight over the holidays. No, that's not what Jason, or Barron's, meant at all. The point is that almost all the gains in the U.S. stock market over the last year or two have come from a small number of stocks. That sort of thing is usually associ ...

Document Size:	5181
Author:	Doug Henwood
Date:	Tue Jan 5 11:54:56 PST 1999

39154 Malcolm X and building a Black Tammany Hall -- rank: 1000

Charles Brown wrote: >The failure to see any content >to a concept of Black >community seems an >intellectual reflection of >the politics of dividing >the Black community. By >this standard of unity, no >community has ever existed. >For that matter no person >has ever existed given >the contradictions within >individuals. THE Black >community's unity ebbs and >flows, but the extreme that >there is never any unity sufficient >to designate it as a co ...

Document Size:	5714
Author:	Doug Henwood
Date:	Tue Jan 5 09:00:38 PST 1999

39155 Malcolm X and building a Black Tammany Hall -- rank: 1000

Micah Timothy Holmquist wrote: >As far as what the difference would be, my guess is that the difference >would be that Owens and Dellums are loyal to the Democratic party and not >to the black community. Just what is this "black community" anyway? African Americans are divided by class, generation, and region; there are black Communists and free marketeers; black atheists, protestants, Catholics, and Moslems; black feminists and black patriarchs; etc. There's a common interest ...

Document Size:	6806
Author:	Doug Henwood
Date:	Tue Jan 5 02:55:47 PST 1999

39156 europhoria -- rank: 1000

I'm kind of out of touch down here in Appalachia, but it seems the euro has had a remarkable debut, with continental stock markets up about 5% and the currency strong against the US$. What it's all mean? Any thoughts, esp from you folks over there in Euroland? Doug

Document Size:	4535
Author:	Doug Henwood
Date:	Mon Jan 4 13:37:54 PST 1999

39157 Ehrenreich on fun -- rank: 1000

Liza Featherstone wrote: >one thing I thought was odd about the BE piece was the notion that the >right is >better on fun. doesn't everyone think the party's elsewhere? I think one >of the >things the right hate even about right-wing liberals like Clinton is that >they >seem to have too much fun. I mean, sure the Christian right can throw a good >revival meeting, but in terms of what they actually believe about fun (sex >for >instance), you couldn't ask for a colde ...

Document Size:	7197
Author:	Doug Henwood
Date:	Mon Jan 4 13:16:44 PST 1999

39158 Malcolm X and SNCC (fwd) -- rank: 1000

Rakesh Bhandari wrote: >I have been called overintellectualized , vile, arrogant, idiotic, etc. >If I were to tell you how amusing, as well as disturbing, it is for me to >read a bunch of angry nasty white men lecturing me about my insenstivity >to racism and the struggle against it, then I suppose I will get >another message from Doug, cc'ed to the rest of you, telling us >all to chill out You can discuss Malcom, the NOI, race, and whatever else you want. Just don't accuse e ...

Document Size:	5073
Author:	Doug Henwood
Date:	Mon Jan 4 02:12:10 PST 1999

39159 abstraction -- rank: 1000

Rakesh Bhandari wrote: >3. Mattick Jr only denied that the explanatory movement towards the >reproduction of the concrete in thought was ever intended to reach the >level of relative prices or predictions of the earnings outlooks for >individual companies and the like. No one was talking about explaining relative prices or doing profits projections lime some Wall Street tout. What I'm objecting to is the style of Marxian PE that treats the "essence" of the game as abstracti ...

Document Size:	5930
Author:	Doug Henwood
Date:	Mon Jan 4 02:12:10 PST 1999

39160 technical glitches -- rank: 1000

Panix seems to have had some "connectivity problems" today, as they put it in their message of the day. List traffic has probably been delayed as a result. Meanwhile the respectable media - NPR & the New York Times at least - have ignored the Deadbeat Bill story. I feel so out of touch here in Southwestern Virginia. Doug

Document Size:	4664
Author:	Doug Henwood
Date:	Sun Jan 3 13:54:06 PST 1999

39161 abstraction -- rank: 1000

Rakesh, I just read this bit from Stuart Hall's essay "Cultural Studies: Two Paradigms" that says exactly what I was trying to say about my problems with Paul Mattick's talk the other week. Bertell touched on this in his comment, but Hall makes the point more explicitly, starting with the quote from Marx that Mattick himself cited: "'In the analysis of economic forms, neither microscopes or chemical reagents are of assistance. The power of abstraction must replace both.' Of course ...

Document Size:	6260
Author:	Doug Henwood
Date:	Sun Jan 3 06:28:34 PST 1999

39162 I feel so dirty. -- rank: 1000

Jim heartfield wrote: >I'm sorry if I wasn't clear, but my point was that the sixties >generation in the white house was just as capitalistic as the world war >generation. The both seem inordinately lazy to me, dedicating vast >amounts of their time to philanthropy and philandering -a sure sign of >time on your hands (a bit like e-mail). If anything distinguishes the cybergeneration of capitalists it's their lack of interest in philanthropy, which is almost as distinctive as their ...

Document Size:	5221
Author:	Doug Henwood
Date:	Sun Jan 3 04:16:17 PST 1999

39163 Carter on Social Security -- rank: 1000

Henry C.K. Liu wrote: >I just heard Carter say on the King show that twice as many people >believe in UFOs than there are who believe they will actually collect >social security someday. What do LBOers have to say about that? He's probably drawing on a poll that right-wing pollster Frank Luntz did for an anti-SS group. Luntz has been reprimanded by the pollsters' professional association for devious questions & reporting of results. What he didn't report from this poll was that peo ...

Document Size:	5046
Author:	Doug Henwood
Date:	Sat Jan 2 13:19:24 PST 1999

39164 Lenin -- rank: 1000

[bounced because of another address kink] Date: Sat, 02 Jan 1999 20:05:06 -0500 From: jeff sommers <jsommers at lynx.dac.neu.edu> Organization: World HIstory Center X-Mailer: Mozilla 4.07 (Macintosh; I; PPC) MIME-Version: 1.0 To: "lbo-talk at lists.panix.com" <lbo-talk at lists.panix.com> Subject: Lenin and delong Content-Type: text/plain; charset=us-ascii; x-mac-type="54455854"; x-mac-creator="4D4F5353" Content-Transfer-Encoding: 7bit Just a note on Len ...

Document Size:	10680
Author:	Doug Henwood
Date:	Sat Jan 2 13:13:48 PST 1999

39165 I feel so dirty. -- rank: 1000

Jim heartfield wrote: >I wonder if this is not a good expression of the limits of the politics >of desire. What Paul is describing, the transition from an acquisitive >society to a ludic society, is no revolution at all. Clinton is in the >White House, Bill gates has overtaken the big blue and the hippie >generation have come home at last. What's the difference? Only that they >are lazier and less decisive, but they are certainly just as >destructive. Uh, James, just what's ...

Document Size:	5043
Author:	Doug Henwood
Date:	Sat Jan 2 05:12:34 PST 1999