[PEN-L:8279] On Interest Rates and Finance Capital

[Michael Perelman]

I would go beyond what Doug says about the fuzzy boundary between
finance and industry.  Old time capitalists were more rooted in their
industry.  Today, everything is screened via ROI, everything is treated
as if it is saleable, capable of being securitized ....

-- 
Michael Perelman
Economics Department
California State University
Chico, CA 95929
 
Tel. 916-898-5321
E-Mail [EMAIL PROTECTED]