CapitalMarkets

[Max Sawicky]

DD, re mkt socialism:
". . .
What you've now created is a capital market, the only
difference being that the claims being traded don't
represent the right to extract surplus-value. . . .

Isn't the interest payment surplus value?

" . . .
investment bank middlemen and just hand social
investment funds to the existing project managers in
proportion to their success. . . . "

Who's to say that investment in proportion to past
success is the best allocation of capital?  If it
isn't, mustn't you have a capital market?

mbs