On Wednesday, November 12, 2008 at 07:26:38 (-0800) Michael Perelman writes:
>Some capitalists screw everybody 6 days a week & give some away on Sunday, 
>sometimes 
>for PR and sometimes to make themselves feel good & moral.

Yes, this aspect of capitalist psychology is certainly true, but some
times they do it because they do have some grasp of the greater good.


Bill

>On Wed, Nov 12, 2008 at 07:20:51AM -0600, Bill Lear wrote:
>> 
>> It wasn't investment for profit, but it certainly was taking a huge
>> risk with a ton of money for a far-off goal that, in this case, would
>> not greatly benefit themselves personally, but would benefit science
>> generally.  Michael's point was that capitalists are often very
>> reluctant to do these things within the marketplace.  My point is that
>> they sometimes do it in spectacular fashion outside of it.
>> 
>
>-- 
>Michael Perelman
>Economics Department
>California State University
>Chico, CA 95929
>
>Tel. 530-898-5321
>E-Mail michael at ecst.csuchico.edu
>michaelperelman.wordpress.com
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