ERROR: Account closed.

James L Westrich II westrich at miser.umass.edu
Wed Jun 2 05:26:56 PDT 1999



>I don't know if anyone else has looked at this one yet, but in the section
>on shortening agency chains I don't see the CUSTOMER. Is the worker the
>agent of the customer? Page 12 is THE transfer (rent) seeking pyramid
>structure that is the source of the inequality in workplaces in "advanced"
>cap. The circular flow of Stiglitz' logic is akin to the "self-contained"
>circular flow of the human economy that Herman Daly has been blasting away
>at for years.


>I notice he doesn't say anything about the "agency betrayal" thats been
>going on in capitalism since the invention of the first speedup...


>Ian Murray
>Seattle, WA



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