#41
Mike Nelson here.
Post rating: ~

solzhesnitchin posted:

This is the best part:

"So the notion of state-controlled capital is an oxymoron, like jumbo shrimp"
Kliman 2012, p. 196

courtesy snipe

#42
Post rating: +
this kliman video is funny because instead of having opposing speaker they open the presentation by reading youtube comments about kliman

#43
Post rating: ~
I liked it a lot. I agree with pretty much everything except his slander against hte ussr towards the end. in particular his rate of profit vs. the "constant cost" rate and the way that he attempts to actually get into the psychology of capitalist firms making decisions in the market, is interesting.
#44
Post rating: ~
i liked it as well and i think it dovetails nicely with third worldism (though for what it's worth kliman has more or less explicitly rejected third worldism). there's a problem i have though, namely that he presents his theory as an explanation for the crisis without actually explain how it caused the crisis, he just sort of says "well we have good evidence that this is happening and the keynesian explanations don't work empirically" so basically it comes down to process of elimination or something. that's not really sufficient for me. maybe he goes into that more in his book and perhaps i'm making something of an error and you can't really provide direct causal explanations like that in macroeconomic theory, but it stood out as a weak point in his lectures.
#45
Post rating: ~
Its interesting and a lot different from what Im used to, but i think there are problems with the general framework of classical economics that he operates under, mainly when it comes to thinking about debt and monetary issues.

His descriptive analysis is very very close to a hayekian (his take on the 1970s, ideas on the overextension of credit, papering over bad debt with more debt, "real money"). The problem I have with Kliman's ideas about credit cycles (as well as hayek's and i think marx's) is that they are based on the analysis of an economy operating under the gold standard, and i think they mistake certain laws that govern a 19th century gold standard capitalist economy for laws that govern every capitalist economy.

Kliman refers to marx's idea of credit being like an elastic that can be stretched but always snaps back a few times in the early chapters. Id say that this is more valid under the gold standard where the extension of credit peaks and there is a scramble to settle debts via a limited amount of gold , leading to contraction and deflation, but not under modern credit systems where there is no fixed amount of "real" money and the problem is usually the distribution of debt rather that outstanding notional debt. In chapter 3 Kliman kind of touches on these issues his discussion of the savings glut, and again in the last chapter on socialist alternatives, but he doesn't really explore them.
#46
Kurdt
Post rating: +
obsessively dickering about the finer points of political economy will definitely change the world this time, I can feel it...we're down a few billion so far, so we're due for a big score

*blows on posting fingers for luck*
#47
Post rating: +

gyrofry posted:

obsessively dickering about the finer points of political economy will definitely change the world this time, I can feel it...we're down a few billion so far, so we're due for a big score

*blows on posting fingers for luck*


lol yeah right. being an ignorant is what changes the world. as lenin said, "dont fucking learn anything. political economy is for gaylords, i'd rather smoke weed."

#48
Mike Nelson here.
Post rating: +

Lessons posted:

lol yeah right. being an ignorant is what changes the world. as lenin said, "dont fucking learn anything. political economy is for gaylords, i'd rather smoke weed."

actually: "to read too many books is harmful" - mao zedong

#49
Post rating: +

Lessons posted:

lol yeah right. being an ignorant is what changes the world. as lenin said, "dont fucking learn anything. political economy is for gaylords, i'd rather smoke weed."


“It is impossible completely to understand Marx’s Capital, and especially its first chapter, without having thoroughly studied and understood the whole of Hegel’s Logic.Consequently, half a century later none of the Marxists understood Marx!”

– V. I. Lenin, Conspectus of Hegel’s Science of Logic

#50
Post rating: +

Lessons posted:

gyrofry posted:

obsessively dickering about the finer points of political economy will definitely change the world this time, I can feel it...we're down a few billion so far, so we're due for a big score

*blows on posting fingers for luck*

lol yeah right. being an ignorant is what changes the world. as lenin said, "dont fucking learn anything. political economy is for gaylords, i'd rather smoke weed."



there are better, more fulfilling and satisfying means of achieving personal growth, like dorritos

#51
Post rating: +
"i'd rather learn, be 'educated' and as a result feel overwhelming anxiety at the sheer magnitude and scope of political systems I can't possible affect due to my irrelevance in historical context. I'd choose being "intelligent" and "Marxist" over getting a menial job and swinging a seldge hammer" -- A' Idiot
#52
Post rating: ~
its too bad hegel is a bad philosopher and the root of marxism is based on his work. its almost like theres a need for new philosophy!
#53
Not Your S.H.I.E.L.D.
Post rating: +

solzhesnitchin posted:

This is the best part:

"So the notion of state-controlled capital is an oxymoron, like jumbo shrimp"
Kliman 2012, p. 196



someone pm Drew and let him know that jumbo shrimp literally exist

#54
[account deactivated]
#55
Post rating: +

NoFreeWill posted:

its too bad hegel is a bad philosopher and the root of marxism is based on his work. its almost like theres a need for new philosophy!



Almost, but not Quite

#56
Post rating: +
political change does not come from "learning" or "education", rather, it grows out of the barrel of a gun. that's why i joined the marines, there's no need to be "educated" to change the world; they tell me what to do and think -- it's all that's necessary.
#57
Mike Nelson here.
Post rating: +

AmericanNazbro posted:

political change does not come from "learning" or "education", rather, it grows out of the barrel of a gun. that's why i joined the marines, there's no need to be "educated" to change the world; they tell me what to do and think -- it's all that's necessary.

thank you for your service.

#58
Kurdt
Post rating: ~
#59
Post rating: +
im going to read a bunch of hegel soon, see ya'll on the flip side when i'm a gibbering madman as indecipherable as dm
#60
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read heidegger instead.
#61
Post rating: +
http://akliman.squarespace.com/writings/Das%20Korn.doc this is devastating. I may have to suspend work on corn; the game of classical political economy, indefinitely.
#62
Post rating: +
Hope ur ready for K0RN
#63
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stegosaurus posted:

http://akliman.squarespace.com/writings/Das%20Korn.docthis is devastating. I may have to suspend work on corn; the game of classical political economy, indefinitely.



dear god, if the implications are true...

#64
Post rating: +
we have to accept that kliman was trolling people with political economy decades before lf even existed
#65
Post rating: +++++
#66
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I love tanks
#67
Post rating: ~
krulbomb
http://mccaine.org/2013/10/17/zombifying-marx/

#68
Post rating: +

discipline posted:

cynicism comes out of rationalizing your unwillingness to take action



you realize this is exactly what they say to recruit people into a MLM scheme, right?

#69
Mike Nelson here.
Post rating: ~

divineaugustus posted:

you realize this is exactly what they say to recruit people into a MLM scheme, right?

that's what she was doing

#70
Mike Nelson here.
Post rating: +++++
marxism-leninism-maoism scheme
#71
Post rating: +
This is exactly what they say to recruit people into an M-C-M scheme
#72
Post rating: +
Langley, Virginia
"Sir, PRISM is picking up a lot of activity on the Wikipedia page for 'multi-level marketing'. It's been traced to the Rhizzone, sir."
"My God... so they're planning on using our own tricks against us?"
#73
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aerdil posted:

im going to read a bunch of hegel soon, see ya'll on the flip side when i'm a gibbering madman as indecipherable as dm



only part of that was/is Hegel, much of the rest might have been schizophasia

Edited by laika ()

#74
Kurdt
Post rating: +
i am ready for K0RN now
#75
Post rating: ~
Can we summon J Sakai instead?
#76
Mike Nelson here.
Post rating: ~
more like J. Psycho! that guy hates white people for some reason.... talk about reverse racism. haters gonna hate!
#77
Kurdt
Post rating: ~
i have good reason to believe that j. sakai is actually canadian
#78
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I think he's from seattle. or somewhere like that. thats my guess
#79
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its so cool that we dont know anything about him and it doesn't matter that we don't.
#80
Post rating: +
*turns baseball cap back* Kinda like Jesus. *straddles chair backwards* All we need to know is that we shouild accept him into our hearts