No, Nathan, I missed your point since you clearly wrote that in the post. Going to have to blame it on the flu which is preventing me from replying to Michael Pollak (Michael has asked me to back up Hans Singer's claim about the four pronged method by which the imperialist countries enjoy a net reource transfer from the third world) and Angela as well (we have not yet discussed her complicated and nuanced analysis in the latest LBO, right?)
Oh, yes, I do think one of the best parts of Doug's books is his critique of populist arguments against high finance (near the end of the book if I remember correctly). But what makes Doug's book populist in the best sense of the word is the perfect elucidation he provides to us non economist commmon readers of things like Tobin's q, national differences in corporate governance, Jensen's arguments for disgorging mature industries of surplus capital via the stock market, etc.
Yours, Rakesh