Greed is good

[Jim heartfield]

In message <19980611153410.11450.qmail at hotmail.com>, charles brown
<cdehbrown at hotmail.com> writes
>Yes,isn't taking risks for suckers who the really successful capitalists 
>can take advantage of ? It seems to me that real capitalists do 
>everything possible to make their profits and maximum profits a sure 
>thing. Risktaking is a myth like Horatio Alger. They "externalize" costs 
>and risks.

Indeed. The era of capitalist entrepreneurship seems long past. The days
when capitalists took risks, even risks with other peoples lives belong
to a bygone era. The booming parrts of the economy seem to be all about
avoiding risk - insurance, hedging investments and so on. With an
outlook of minimising risk, it is hardly surprising that there is not
much innovation going on.
-- 
Jim heartfield