WLSeems 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.
I never said I didn't get such a
In a message dated 1/7/2009 12:28:16 A.M. Eastern Standard Time,
jann...@gmail.com writes:
I'm not sure I'm following your arguments. One, who here has said that
nothing has changed since Lenin?
WL: CB . . . repeatedly and directly . . . in his line of arguing the
existence of industrial
I guess one question here is why Ford, Chrysler and GM didn't
re-invest profits into accumulating their industrial capital. One, if
the goal was to reach a certain level of production to stay
competitive in the world (what is the benchmark now, 2 million
vehicles per year?), the most obvious
If only this guy would read Marx. No wait, that would just make him
another HCKL or something similar to that.
BTW, I noticed one of the more famous private equity groups, Carlyle
Group, is trying to put together big deals in overseas universities.
I guess they think 'American-quality' higher
Hello,
I found this list via Jim Farmelant's post on Marxmail. After reading
Waistline's arguments about the macro economic composition of capital and his
brave challenge that provokes us to provide evidence to the existence of the
SECTOR called industrial capital, eventually I decided to
And as the past 8 years (and before as well) have shown, MILITARISM
really hasn't left the 'equation' and in fact has grown even more
immense in its hold on the US. Of course we Marxists already knew
this, but here is the analysis showing up in American academia (albeit
from someone who is not
The ideas that nothing has changed since Lenin is just intellectual laziness
and a refusal to admit that things change at best and dogmatism at worse.
GMAC not GM is the master of GM. GMAC is GM.
.
Dude, its all finance capital.
I'm not sure I'm following your arguments. One, who here has said
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