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Money Capitalists vs Productive Capitalists: Articulant way of explaining the market
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11-01-2010, 12:28 AM
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haittiweerved
Join Date
Oct 2005
Posts
340
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The fuzzy Canadian wookie/thing has a point.. But it is one he made unintentionally.
Bailouts are the SUPREME, GALACTIC BULLSHIT precisely because the real service the money capitalist provides is the assumption of risk.
This is his role in the financial food chain. He assesses and assumes risk that (Hopefully) leads to production, employment, demand and a return on capital invested.
At whatever point you de-link the risk from the reward, then he becomes useless... Because he is no longer "investing"
He's stealing from taxpayers who are now forced to assume the costs of his failure to properly assess the risk.. While he would have happily pocketed a return if the venture had been a successful one.. and kept it for himself... Like a gigantic motherfucking kike.
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