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4111 [lbo-talk] Michael Hudson - 'From Marx to Goldman Sachs: The Fictions of Fictitious Capital' -- rank: 1000

On Aug 3, 2010, at 11:06 AM, Shane Mage wrote: > This is a crying fallacy (of composition). The individual capitalists comprised in the system may well all be trying to maximize M' (their cash surplus over a period of time). But that is totally false for the system as a whole, even on the crudest level, as is seen from the fact that the higher the rate of inflation the higher the M' for every capitalist and for all of them added together, yet the higher the rate of inflation the more disastr ...

Document Size:	6912
Author:	Doug Henwood
Date:	Tue Aug 3 08:44:01 PDT 2010

4112 [lbo-talk] media -- rank: 1000

On Aug 3, 2010, at 7:33 AM, Andy wrote: > It might be something of a generational thing. I experience a much > less intense version of what you describe -- so for, say, scientific > papers I can usually get the gist of them on screen, but if really > need to digest them paper is the way to go. I feel that way about economic papers too - I'm fine reading them on the screen. But that's a different kind of reading - I almost feel more like a user than a reader. Reading something like B ...

Document Size:	5480
Author:	Doug Henwood
Date:	Tue Aug 3 05:04:54 PDT 2010

4113 [lbo-talk] Michael Lind -- rank: 1000

On Aug 2, 2010, at 10:43 PM, David Green wrote: > What's his strategy for addressing the powers that be? Dunno. What's yours? Doug

Document Size:	4528
Author:	Doug Henwood
Date:	Mon Aug 2 20:13:06 PDT 2010

4114 [lbo-talk] media -- rank: 1000

The other day, when I was trying to recall Harold Bloom's argument about why Yeats's "The Second Coming" is a reactionary poem, Michael Pollak helpfully scanned and posted the passage. I tried reading it and felt very frustrated - it was all passing me by. I wondered if my brain was atrophying, or if I'd become a philistine, or something else horrific. Just before he posted it, though, I'd ordered a copy of the book, which just arrived today. I was just reading the passage and found it ...

Document Size:	5344
Author:	Doug Henwood
Date:	Mon Aug 2 19:48:42 PDT 2010

4115 [lbo-talk] Michael Lind -- rank: 1000

On Aug 2, 2010, at 8:42 PM, David Green wrote: > I listened to Doug's interview from last week with Michael Lind. He's never > interested me--he peddles the tired "progressive" TR notion of a "new > nationalism," devoid of class struggle, which he can never mention--not even > class alone, not even when he's defining the Democratic Party base, which > consists of black and Hispanic ethnics, not poor people. I don't think we need > people like Lind to come up ...

Document Size:	6332
Author:	Doug Henwood
Date:	Mon Aug 2 18:20:04 PDT 2010

4116 [lbo-talk] Michael Hudson - 'From Marx to Goldman Sachs: The Fictions of Fictitious Capital' -- rank: 1000

On Aug 2, 2010, at 5:29 PM, Max Sawicky wrote: > Innocent question directed at nobody in particular, from one not deeply > versed in Marx. Isn't the fundamental process of using money (in all its > forms) to make money basic to the instability, inefficiency (waste of > misdirected real investment), and injustice of the system, so that > financiers et al as the tribunes of this process become themselves central > to the whole mess? Well that's been kind of the point of my criti ...

Document Size:	5925
Author:	Doug Henwood
Date:	Mon Aug 2 14:51:12 PDT 2010

4117 [lbo-talk] Michael Hudson - 'From Marx to Goldman Sachs: The Fictions of Fictitious Capital' -- rank: 1000

On Aug 2, 2010, at 2:28 PM, socialismorbarbarism wrote: > Please, spare Marx from such friends. > > Production capital good! Finance capital bad! Ugga ugga ugga [scratch > armpits]. Decadent, pervert financial capitalists forcing their sick > fantasies down the throats of straight, decent production capitalists > who make real things for the real world in the real non-travesty free > market of the Golden Age of sometime-or-other! Ooo yucko! Well, yeah, but there's also this ...

Document Size:	6409
Author:	Doug Henwood
Date:	Mon Aug 2 11:45:17 PDT 2010

4118 [lbo-talk] Greenspan opines -- rank: 1000

[via Mike Allen] ALAN GREENSPAN, to David Gregory on Meet the Press : I think we're in a pause in a recovery, a modest recovery, but a pause in the modest recovery feels like a quasi-recession. Our problem basically is that we have a very distorted economy in the sense that there's been a significant recovery in a limited area of the economy, amongst high income individuals Large banks, who are doing much better, and large corporations are in excellent shape. The rest of the economy, small ...

Document Size:	5198
Author:	Doug Henwood
Date:	Sun Aug 1 08:10:05 PDT 2010

4119 [lbo-talk] please select a gender -- rank: 1000

On Apr 30, 2010, at 9:26 PM, shag carpet bomb wrote: > I was saying the term "gender" has been integrated into society. At > work, I was going through old files from the 1990s. The question > always asked about Sex, not gender. That's because it was a widely > used term. Gender was introduced by feminism. We do surveys for this > training program I'm running. Someone who'd done up a survey used > sex and was corrected, asked to use gender as it was the more > appro ...

Document Size:	5882
Author:	Doug Henwood
Date:	Fri Apr 30 18:46:32 PDT 2010

4120 [lbo-talk] please select a gender -- rank: 1000

On Apr 30, 2010, at 7:55 PM, shag carpet bomb wrote: > I think it's that are just using a term that was always used. > Feminists introduced gender to talk about gendered social > expectations, identities, and so forth to show how there was no one- > to-one pointer reader relationship between physical sex and the > habits, identities, etc. we exhibited. Gayle Rubin's seminal essay, > "The Traffic in Women: Notes on the 'Political Economy' of Sex," > argued that the ...

Document Size:	5418
Author:	Doug Henwood
Date:	Fri Apr 30 17:46:54 PDT 2010

4121 [lbo-talk] please select a gender -- rank: 1000

On Apr 30, 2010, at 6:02 PM, Jordan Hayes wrote: >> why do they care about your gender anyway? > > Well, I think they want to know your sex. > > http://www.tsa.gov/travelers/airtravel/acceptable_documents.shtm > > But they are too stupid to call it that. No, I think it's that "sex" is rude and "gender" is politer. Doug

Document Size:	5007
Author:	Doug Henwood
Date:	Fri Apr 30 15:22:34 PDT 2010

4122 [lbo-talk] zizek.us -- rank: 1000

Ha - Google warns that "zizek.us" is a suspected malware site.

Document Size:	4409
Author:	Doug Henwood
Date:	Fri Apr 30 13:04:10 PDT 2010

4123 [lbo-talk] Tea Partiers: A paleocon perspective -- rank: 1000

On Apr 29, 2010, at 3:15 PM, Joseph Catron wrote: > In general, though, I think he's right that a majority of the > Tea Party's liberal/left opponents actually have more in common with > it, > than it does with the "states' rights" caricature they draw of it. Maybe, if you leave aside things like social spending and financial and environmental regulation. And it's just not true that the TPers don't care about the federal debt. They're obsessed by it. And a lot of the lib ...

Document Size:	5283
Author:	Doug Henwood
Date:	Thu Apr 29 12:41:24 PDT 2010

4124 [lbo-talk] Tea Partiers: A paleocon perspective -- rank: 1000

On Apr 29, 2010, at 2:31 PM, Joseph Catron wrote: > "I've no love lost for the Lost Cause, but the morality tale of the > virtuous North is indispensable to the perpetuation of the American > Empire. With the Gettysburg Address, Lincoln cynically transformed his > war into a war against slavery no differently than Bush transformed > the Iraq War in mid-course into a war to spread democracy. And if you > believe that conscription is slavery, you must acknowledge that the &g ...

Document Size:	5653
Author:	Doug Henwood
Date:	Thu Apr 29 11:45:58 PDT 2010

4125 [lbo-talk] Bono sucks up -- rank: 1000

Bono to Bill Clinton (via Mike Allen): "Rock stars can't be President (lucky for you), but we've all got reason to be thankful that Presidents can be rock stars."

Document Size:	4590
Author:	Doug Henwood
Date:	Thu Apr 29 07:42:31 PDT 2010