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40696 Chesnais: Excess Capital, Waste and Crash -- rank: 1000

Rakesh Bhandari wrote: >But this was hardly a new argument: at >the turn of the century Tugan Baranowsky had already claimed that newly >industrializing colonies would open up great possibilities for the system >as a whole (for example by allowing the imperialist countries to escape >any limitations of consumption demand at home by the export of capital, >esp. means of production which were growing as a percentage of total >production) and Louis Boudin had already subjecte ...

Document Size:	6625
Author:	Doug Henwood
Date:	Thu Oct 1 16:31:26 PDT 1998

40697 MI6 spies on Buba -- rank: 1000

[apropos Tom Lehman's point about British intelligence spying on the Germans. I wouldn't be surprised if the Germans spied on the Bank of England, but if they did, what of value would they have learned?] Copyright 1998 Times Newspapers Limited Sunday Times September 27, 1998, Sunday SECTION: Home news LENGTH: 700 words HEADLINE: Bundesbank orders mole hunt to find British spy BYLINE: David Leppard and Chris Hastings BODY: GERMANY'S central bank has launched an inquiry into claims that one of its ...

Document Size:	9251
Author:	Doug Henwood
Date:	Thu Oct 1 16:10:05 PDT 1998

40698 Hedge fund fallout & Other Merry Weather -- rank: 1000

Brad De Long wrote: >The New York Federal Reserve loaned the LCTM creditors the use of a >conference room, told them they had a problem, and suggested strongly that >they solve it. This is the lightest of possible government interventions... Right, just like a suggestion from John Gotti in his heyday would have been offered in a purely advisory, take it or leave it spirit. Doug

Document Size:	5002
Author:	Doug Henwood
Date:	Thu Oct 1 12:06:31 PDT 1998

40699 Hedge fund fallout & Other Merry Weather -- rank: 1000

James Farmelant wrote: >A short while ago I was watching some of Al Greenspan's testimony >before the House Banking Committee concerning hedge funds. >Greenspan was arguing that hedge funds should be regulated by >the free market rather than by the government but as Barney Frank >pointed out this argument was inconsistent with his defense of >the government's facilitation of the bailout of LCTM. Apparently, >for this one-time disciple of Ayn Rand government intervention > ...

Document Size:	5506
Author:	Doug Henwood
Date:	Thu Oct 1 10:36:45 PDT 1998

40700 Doing Arianna -- rank: 1000

Frances Bolton (PHI) wrote: > Thanks Doug. I'm the one who said I'd do Huffington for the revolution. >But I said I would only do it in a threesome with her and Camille Paglia. >Do you have Paglia's email as well? In any case, I will send >something to Huffington, and one the off chance I get some response, I >will pass it along to the list. Sorry, don't have Camille's email address - in fact, I think I read once that she doesn't do email. Her answering machine announcement is sup ...

Document Size:	4973
Author:	Doug Henwood
Date:	Thu Oct 1 09:39:15 PDT 1998

40701 wages among Canadian Indians -- rank: 1000

"The Dimensions of Wage Inequality Among Aboriginal Peoples" BY: RACHEL BERNIER Statistics Canada Business and Labor Market Analysis Document: Available from the SSRN Electronic Paper Collection: http://papers.ssrn.com/paper.taf?abstract_id=116328 Other Electronic Document Delivery: http://www.statcan.ca SSRN only offers technical support for papers downloaded from the SSRN Electronic Paper Collection location. When URLs wrap, you must copy and paste them into your browser eliminatin ...

Document Size:	6997
Author:	Doug Henwood
Date:	Thu Oct 1 09:32:34 PDT 1998

40702 back-of-the-envelope calculation on budget surplus -- rank: 1000

Greg Nowell wrote: >Estimating 60 million households out of 250 million >people, the budget surplus works out to $1100 per >household ($70b/60m). With median family income at >about $37k, that's a savings rate of about 3%. So we >shouldn't say that savings are falling. Savings have >been nationalized. A surplus of $70 billion is about 1% of GDP. If you add together all kinds of savings - personal, business, & government - and adjust for depreciation, the U.S. net savings ...

Document Size:	5578
Author:	Doug Henwood
Date:	Thu Oct 1 08:11:43 PDT 1998

40703 The Press and SE Asia -- rank: 1000

Michael Cohen wrote: >Its so annoying not having a decent press with a wide range of reporting here. >Also exceedingly lacking is a good Labor press. Whats lacking not so much >left >wing or Marxist analysis by >but solid news reporting with a wide ranging point of view. Ah, but we have a lively "alternative" press. Just keep those subscription checks rolling in, of course! >I have another question. The published Bureau of Labor Statistics >Unemployment >rate ...

Document Size:	5827
Author:	Doug Henwood
Date:	Thu Oct 1 08:05:02 PDT 1998

40704 sex and class -- rank: 1000

[From Weekly Standard staff writer Christopher Caldwell's column in New York Press, 11/25-12/1/98. 20% is a little high, but the point is solid.] IS SEX NECESSARY? What's going on here? How come Republicans are planning on pocketing all the small-government issues that people like-that includes the radical small-government issues that overlap with values issues, like quadrupling the per-child tax deduction-and putting all their chips on sex again? My own convoluted explanation: The winners in th ...

Document Size:	7211
Author:	Doug Henwood
Date:	Mon Nov 30 20:08:51 PST 1998

40705 Reds and Greens -- rank: 1000

Alex LoCascio wrote: >The discussion about whether or not environmentalism is compatible with >Marxism has been an interesting one. I was wondering if anyone could >recommend books on the environment written for a leftist audience? Is >John Bellamy Foster's the Vulnerable Planet a good place to start? I'm plunging through David Harvey's Justice, Nature, & the Geography of Difference. Very good stuff, I think. Doug

Document Size:	4790
Author:	Doug Henwood
Date:	Mon Nov 30 15:39:47 PST 1998

40706 Working Families -- rank: 1000

[Well, Working Families made it after all. Let's see what they do with it.] >CITY LIMITS WEEKLY >November 30, 1998 > >Number 153 > >Kathleen McGowan, editor. Kim Nauer, executive director. City Limits Weekly is >a free news and resource guide for New Yorkers. The fax and e-mail weekly is >published every Monday by City Limits magazine. To be added to our >distribution list or to subscribe to our monthly magazine ($25/year), call >(212) 479-3348. Fax: (212) 344-6457. ...

Document Size:	6462
Author:	Doug Henwood
Date:	Mon Nov 30 15:34:02 PST 1998

40707 bounds of discourse -- rank: 1000

I've gotten some email suggesting that I've ruled discussion of race out of bounds for this list. Not at all. In fact I'd be hard pressed to think of a more important issue. The proscribed topic of the moment is Lou Proyect's moderation of the Marxism list. That's all. Doug

Document Size:	4617
Author:	Doug Henwood
Date:	Mon Nov 30 13:18:19 PST 1998

40708 Abuse of power -- rank: 1000

Jim heartfield wrote: >But I took cheer from this Christmas tale: Saturday was international >no-shopping day, according to the 'Friends of the Earth'. They launched >a campaign against Toys, deciding that those happy smiling faces were >the real danger to the environment. 'Christmas? Humbug!' Cried FoE and >urged parents to refuse to buy christmas presents for their little >charges. Thankfully, everybody ignored uncle Scrooge, and went out >shopping instead. James, don't yo ...

Document Size:	5066
Author:	Doug Henwood
Date:	Mon Nov 30 11:47:17 PST 1998

40709 Pinochet and bourgeois democratic right -- rank: 1000

Tom Kruse wrote: >BTW: de-nazification is not an overstatement. It is well established that >nazis and neo-nazis played an important role in the architecture of >repressive institutions (espceilly the DINA), murder and repression. Today's Financial Times has an AP photo of a pro-Pinochet demo held in Santiago on Sunday. The woman in the center of the pic has her arm outstretched in what looks to these Yankee eyes like a Nazi salute. Am I overinterpreting this gesture? Doug

Document Size:	5059
Author:	Doug Henwood
Date:	Mon Nov 30 09:57:30 PST 1998

40710 The LBO list's bourgeoisie -- rank: 1000

Charles Brown wrote: >Below, Doug both says he doesn't want >Lou's moderating decision discussed and >also circles back around; suggests >a thread on the same topic here that Louis >got too uncomfortable with and >suspended me; and , Doug hints >at a position that is against mine on >that hate crimes/racism thread on >Louis' list (Rakesh's argument from >several months back). One more word on this, Charles, and you're out of here too. Doug

Document Size:	4995
Author:	Doug Henwood
Date:	Mon Nov 30 09:41:33 PST 1998