New Economy rant

Yoshie Furuhashi furuhashi.1 at osu.edu
Thu Sep 28 02:50:40 PDT 2000



>Yoshie Furuhashi wrote:
>
>>What's a "reasonable profit"? As long as the market bears it, a
>>profit is reasonable, from capital's point of view. There can't be
>>capitalism with "reasonable profits," can there? Capitalism with
>>"reasonable profits" is like the idea of "sustainable capitalism"
>>that James O'Connor criticizes.
>
>Hey, we're not that vulgar. A "reasonable" profit is one in line
>with prevailing averages. There's nothing "reasonable" about the
>profit system itself, in the sense of critical reason. Branding
>allows the lucky to earn above-average rates of profit.
>
>Doug

Well, yes, but has branding allowed the "unreasonable" rates of profit far above the "unreasonable" rates of profit in the pre-branding past?

Yoshie



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