Nonsensical given that China is already a capital exporter --- original message --- From: "Eugene Coyle" <[email protected]> Subject: Re: [Pen-l] Goodbye to the export of surplus capital? Date: 6th February 2011 Time: 10:19:50 pm
No, it is nonsensical. Gene Coyle On Feb 6, 2011, at 10:55 AM, michael perelman wrote: > Does this make sense? The surplus is invested to create more surplus > [assuming it is invested productively; the article does not suggested > that the surplus is used for speculation]. As the degree of > exploitation increases, still more surplus should appear. David > Harvey insists that the problem is finding an outlet for the surplus. > > > On Sun, Feb 6, 2011 at 7:23 AM, Marv Gandall <[email protected]> wrote: > Now, argue economists Michael Spence and Richard Dobbs, that surplus > is rapidly disappearing as accelerating demand from China and other > emerging economic powers begins to outstrip the global supply of > capital. > -- > Michael Perelman > Economics Department > California State University > Chico, CA > 95929 > > 530 898 5321 > fax 530 898 5901 > http://michaelperelman.wordpress.com > _______________________________________________ > pen-l mailing list > [email protected] > https://lists.csuchico.edu/mailman/listinfo/pen-l _______________________________________________ pen-l mailing list [email protected] https://lists.csuchico.edu/mailman/listinfo/pen-l The University of Glasgow, charity number SC004401 _______________________________________________ pen-l mailing list [email protected] https://lists.csuchico.edu/mailman/listinfo/pen-l
