On Nov 20, 2012, at 10:14 AM, nathan tankus <[email protected]>
wrote:
Jamil said... "That certainly does not explain why the major
corporations are sitting hundreds
of billions of dollars."
> the non-financial corporate sector has been a net saver for a while now. I
> think most of the explanation is that most businesses have more then
> sufficient capacity to meet any short uptick in demand and haven't seen
> plausible permanent growth and thus haven't invested in expanding capacity.
Yes, and that accords precisely with monopoly capital theory. I'm surprised you
use the term "net saver."
Jamil
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