>>> <waistli...@aol.com> 01/07/2009 2:36 AM >>>
Seems to me you do in fact get the distinction between productive capital  
and speculative capital. A good Ponzi scheme is not back until it collapses.  
Profits to be made from that side of the business constituting productive  
capital has never been bad business. 
On the other hand this category called "industrial capital sector" or a  
"crack between industrial capital and finance (finance!!)" is well . . .  

Industry = industrial capital. How amusing. 
The industrial capitalists can be found in your local museum, standing to  
the left of the merchant capitalist.

CB: Back when there was such a thing as an industrial capitalist, what 
distinguished them from financial capitalists, and merchant capitalists ?

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