The Triviality of Capital Ownership

boddhisatva kbevans at panix.com
Tue Dec 22 16:16:41 PST 1998


C. Diaz-Alvarez,

Good point, bondholders do buy from bondholders. Okay, then the distinctions are that bondholders don't own and that they don't profit from profit as such. My overall argument is that there is a legitimate role for credit and an exploitative role for credit.

peace

s



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