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Intelligent / Relevant Television Talk

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Preview of guests for week of Monday November 29, 2010:              

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For details of program airings see bottom of page

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Monday November 29, Click date for more information about guest(s)

                                              GUEST

                                                                  (Originally aired; April, 1986)

                                                   ISAAC  ASIMOV

                                           (1920 -1992  R.I.P.)

         

      

 

      Novelist, Short-story Writer, Essayist, Historian,

            Biochemist, Textbook Writer, Humorist

                               www.asimovonline.com

This Program was Co-hosted by MARILYN  MACH  VOS  SAVANT

         

             

                                    www.marilynvossavant.com

                  http://en.wikipedia.org/wiki/Marilyn_vos_Savant

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The program can be viewed in its entirety by clicking the you tube link below:

  http://www.youtube.com/watch?v=zYzj4yyM8Ws - ISAAC  ASIMOV  

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Tuesday November 30, Click date for more information about guest(s)

 

 

                                                                GUEST:

                                      LENNI BRENNER

   

    

     

                       

     

                 Scholar / Public Intellectual

                                    Editor:

   "Jefferson & Madison on The Separation

                         

                      of Church and State"

                                        

                                     Author:

                            "The Lesser Evil -

                      

                A Study of the Democratic Party"                      

                  www.smithbowen.net/linfame/brenner

                                           brennerl@aol.com

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The program can be viewed in its entirety by clicking the you tube link below:

http://www.youtube.com/watch?v=zHasCb0H0L8  - LENNI BRENNER 

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Wednesday December 1, Click date for more information about guest                                         

                                                                            GUEST

                                                                          (Originally aired: (July 1983)

                                            LOUIS O. KELSO 

                                                          (1913-1991 R.I.P.)

 

                       Lawyer / Economic Theorist

                     Author (With Mortimer Adler):

                               

                      "The Capitalist Manifesto (1958)"

                                 Investment Banker

       

Louis O. Kelso and Patricia Hetter Kelso estimates of the relative real inputs to production in the American economy of Labor (Physical and Intellectual) and Capital over time assuming reasonably competitive markets.  So ingrained is the “ethic” of the “Labor Theory of Value” that they thought it best to refer to Capital Owners as “Capital Workers” in keeping with their understanding that Capital instruments do “Work” - as surely as the most diligent human surrogate worker – and that indeed the observable trend is for Capital Instruments to do ever more of the Worlds “Work”.  The reflexive prevalent attitude of equating “Economic” man with Essential Human Values including the whole vast array of values around the “Work Ethic” all contribute to camouflage and maintain the fundamental miss-match between the way goods and services are produced and distributed and particularly their trends projected into the future. Cybernetic contributions (now almost exponential) are only adding to the much longer Historical trend. Represents US Economy but applies to World trending.  HHC    

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Chart of concentration of capital ownership in the U.S. over time.  The same general pattern applies to virtually all economies of and the World Economy as a whole – Plutocratic ownership and control of the real means of production.  With “The Labor Theory of Value” it only worsens.  HHC - Below Quotes @ www.kelsoinstitute.org

"Conventional wisdom says there is only one way to earn a living, and that's to work. Conventional wisdom effectively treats

capital (land, structures, machines, and the like) as though it were a kind of holy water that, sprinkled on or about labor, makes

 it more productive. Thus, if you have a thousand people working in a factory and you increase the design and power of the

machinery so that one hundred men can now do what a thousand did before, conventional wisdom says, 'Voila! The productivity

of the labor has gone up 900 percent!' I say 'hogwash.' All you've done is wipe out 90 percent of the jobs, and even the remaining

ten percent are probably sitting around pushing buttons. What the economy needs is a way of legitimately getting capital

ownership  into the hands of the people who now don't have it."
(Louis O. Kelso, Journal Asset Based Finance, 1982)

 

"The trouble with today's techniques of finance is that they're designed to make the rich richer.  None are designed to make the

 poor richer. That's why the poor are poor. Because they're not rich."
(Louis O. Kelso, San Francisco Examiner & Chronicle, 1978)

 

"The Roman arena was technically a level playing field. But on one side were the lions with all the weapons, and on the other

the Christians with all the blood. That's not a level playing field. That's a slaughter. And so is putting people into the economy

without equipping them with capital, while equipping a tiny handful of people with hundreds and thousands of times more

than they can use."
(Louis O. Kelso, Bill Moyers: A World of Ideas, 1990)

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                    Louis O. Kelso and Patricia Hetter Kelso estimates of the relative real inputs to production in the

American economy of Labor (Physical and Intellectual) and Capital over time assuming reasonably competitive

markets.  So ingrained is the “ethic” of the “Labor Theory of Value” that they thought it best to refer to Capital

Owners as “Capital Workers” in keeping with their understanding that Capital instruments do “Work” - as surely

as the most diligent human surrogate worker – and that indeed the observable trend is for Capital Instruments

to do ever more of the Worlds “Work”.  The reflexive prevalent attitude of equating “Economic” man with

Essential Human Values including the whole vast array of values around the “Work Ethic” all contribute to

camouflage and maintain the fundamental miss-match between the way goods and services are produced

and distributed and particularly their trends projected into the future. Cybernetic contributions (now almost

exponential) are only adding to the much longer Historical trend. Represents US Economy but applies to

World trending.  HHC

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Chart of concentration of capital ownership in the U.S. over time.  The same general pattern applies to

virtually all economies of and the World Economy as a whole – Plutocratic ownership and control of the

real means of production.  With “The Labor Theory of Value” it only worsens.  HHC - Below Quotes @

www.kelsoinstitute.org

"Conventional wisdom says there is only one way to earn a living, and that's to work. Conventional wisdom effectively

treats capital (land, structures, machines, and the like) as though it were a kind of holy water that, sprinkled on or about

labor, makes it more productive. Thus, if you have a thousand people working in a factory and you increase the design

and power of the machinery so that one hundred men can now do what a thousand did before, conventional wisdom

says, 'Voila! The productivity of the labor has gone up 900 percent!' I say 'hogwash.' All you've done is wipe out 90

percent of the jobs, and even the remaining ten percent are probably sitting around pushing buttons. What the

economy needs is a way of legitimately getting capital ownership  into the hands of the people who now don't have it."
(Louis O. Kelso, Journal Asset Based Finance, 1982)

 

"The trouble with today's techniques of finance is that they're designed to make the rich richer.  None are designed

to make the poor richer. That's why the poor are poor. Because they're not rich."
(Louis O. Kelso, San Francisco Examiner & Chronicle, 1978)

 

"The Roman arena was technically a level playing field. But on one side were the lions with all the weapons, and on

the other the Christians with all the blood. That's not a level playing field. That's a slaughter. And so is putting people

into the economy without equipping them with capital, while equipping a tiny handful of people with hundreds and

thousands of times more than they can use."
(Louis O. Kelso, Bill Moyers: A World of Ideas, 1990)

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Charles Handy citing the 1930 reference by Lord John Maynard Keynes projecting “Technological Unemployment”

for the future world of his grandchildren.  That would be right about now as technological advancement not only

provides the possible means for Humanity’s collective “Transcendence of Scarcity” but poses the problem to

progressives by their commitment (along with virtually all economic theorizing) to the “Labor Theory of Value”

currently informing virtually all National Economies on Planet Earth &  the International System as well.    HHC 

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  Originator of "Binary Economics" the Systems Understanding Of the National and World Economic Order as Both are Being Forced to Finally Transcend Their Historical Commitment to "The Labor Theory of Value" Which The Future Requires in View of the Looming Reality of a Jobless Recovery Devoid of Effective Ability to Distribute Demand and Buying Power to the Long Suffering Masses of The Entire World.

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The program can be viewed in its entirety by clicking the you tube link below:

 http://www.youtube.com/watch?v=o0mWfrj1H6k - LOUIS KELSO Air date: July 1983

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Thursday December 2, Click date for more information about guest(s)       

                                                                      GUEST:

                                                 POSR POSR

                      

                            

                      

                          

                    

                                                           Legal Researcher

                                                   

                                Advocate for Cameras in Court Rooms

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  The program can be viewed in its entirety by clicking the you tube link below:

http://www.youtube.com/watch?v=7lv3ROCMo2I - POSR POSR

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Friday December 3, Click date for more information about guest(s)

 

 

                                                                                    GUEST:

                                                                             (Originally aired 05-07-07)

                                                          RICHARD D. WOLFF Ph.D

                      

                                               

                                                  Economics Theorist and Educator                                                        

                          

                  

                                                Professor of Economics

                                     University of Massachusetts - Amherst

Articles

Suppose it Were Different...

 

"Suppose the workers themselves made those decisions." Richard Wolff , retired UMass professor, speaks in Oct. 2010 concludes his talk about the Great Recession, Resistance and What Could be Done.

The Continuing Economic Crisis and What Needs to be Done Video Clips

Professor Wolff, economist, speaks in Hamden, CT in October 2010 about the profit bonanza of the last 30 years, decisions to move work overseas, mergers, etc. He talks about the drive for austerity and the amazing fightback of French workers.

 

 

Pennsylvania Radio Interview - The Rick Smith Show

Richard Wolff appears on The Rick Smith Show in order to discuss the current economic crisis and provide some insight into topics such as The Tea Party, misdirected public rage and some historical insight.

The Fed and the Great Recession That Won't Go Away

In the shadow cast by mass media coverage of elections in which under 40 % of eligible citizens voted, the Federal Reserve recognized what the candidates could or would not. The capitalist crisis is still upon us, shows few signs of fading soon, and provides strong hints that it might get worse. So despite record cash on banks’ and non-financial corporations’ balance sheets, the Federal Reserve decided to buy another $600 billion worth of Treasury bonds in the open market.

French Revolutions

In France, refinery workers blockaded oil depots, leaving as many as one third of the nation’s gasoline stations dry last week. Protestors temporarily blocked access to the Marseilles airport. Rolling labor strikes have been ongoing for weeks, with major union leaders calling for two new strike days in the weeks to come. On Monday, the French government estimated that the protests had cost the economy up to 400 million euros per day.

The Keynesian Revival: a Marxian Critique

A Critique of the Revival of Keynesian Counter-Recessionary Policies

What is to be Done: A New Left Strategy

The following are three brief, consecutive contributions by Rick Wolff on this topic presented to a workshop organized by the North Atlantic Left Dialogue  in Berlin, Germany, November 20-21, 2010.

Deficit Reduction Commission and Class War

Obama’s Deficit Reduction Commission released a remarkable document yesterday. Under the cover of “deficit reduction,” the document lists a host of proposed reductions in social security and medicare payments, a rise in the tax on oil products, cuts in public employment including the military, multi-year wage freezes for public employees including the non-combat military, cutting foreign military bases, reduced tax deductions (effectively raising taxes), and reduced basic income tax rates on individuals and businesses (effectively lowering taxes).

Economic Crisis and Tax Injustice

The Associated Press's Robin Hindery reported on October 29, 2010 that the AP had found a remarkable fact: communities across the US have been raising their local property taxes.  The AP surveyed 39 states and studied 2,387 revenue measures that came before town, city, and county voters.  In most of those elections, voters favored measures that raised their own property tax rates.  Voters wanted to support their local schools and other services provided by local governments.

Why France Matters Here Too

For many weeks now, the historic social change sweeping across France has drawn increasing attention globally.  It should.  A genuine, mass democratic upsurge has surprised all those who thought, hoped, or feared that such things could no longer happen in countries like France or the US.  Millions of French people -- in left political parties, church, and student groups -- have accepted and cheered on the leadership of a unified trade union movement.  They have recomposed and reinserted a powerful left into French politics.

Capitalism's Crisis and Class Consciousness Renewed

Today’s capitalist crisis caps 30 years of divisive economic development in the United States. Real wages stagnated and are now roughly at the mid-1970s level. Over the same period, labor’s productivity soared, yielding employers’ record revenues and profits from 1980 to 2000. Income and wealth inequality returned to late 19th century levels. That divisive economic development generated the economic crisis. Now, the so-called “recovery” further deepens the inequalities and divisions.

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The program can be viewed in its entirety by clicking the you tube link below:

http://www.youtube.com/watch?v=rj-Dq9dHeI4 - RICHARD D. WOLFF Ph.D 

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Preview of guests for week of Monday November 29,  2010: 

Individual programs can be viewed each week day

(11:00 AM - NOON / (NYC Time)

Channel 34 of the Time/Warner, Channel 83 of the RCN, & Channel 33 of the

VerizonFiOS Cable Television Systems in Manhattan, New York.

The Program can now be viewed on the internet at time of cable casting at

www.mnn.org

NOTE: You must adjust viewing to reflect NYC time

& click on channel 34 at site

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                                    241 West 36th StreetNew York,N.Y. 10018 Phone: 212-695-6351 E-Mail: HHC@NYC.RR.COM

 

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