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

Charles Brown CharlesB at CNCL.ci.detroit.mi.us
Tue Oct 31 12:53:49 PST 2000



>>> dhenwood at panix.com 10/31/00 11:34AM >>>
Lisa & Ian Murray quoted:


>Conventional wisdom, though, argues that the main reason
>shareholders are not playing a serious political role is that the ôinvestor
>classö (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?

((((((((((

CB: And what is their relationship to the means of production ?



More information about the lbo-talk mailing list