Why isn't this a stockmarket election, or Bush' bear

Doug Henwood dhenwood at panix.com
Tue Oct 31 08:34:37 PST 2000


Lisa & Ian Murray quoted:


>Conventional wisdom, though, argues that the main reason
>shareholders are not playing a serious political role is that the “investor
>class” (to use the term popularised by Larry Kudlow, a Wall Street
>economist) has not gained class-consciousness.

Hilarious. Which investor class? The people that Larry Kudlow works for, like Wall Street and GE/CNBC? They're the most class conscious social formation on earth. The folks who have $5,000 in a mutual fund (down from $7,500 in April)? Just what are their institutions of class formation?

Doug



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