On the Defense of Parasitic Finance

Max Sawicky sawicky at epinet.org
Fri Jan 12 13:09:58 PST 2001


I wouldn't try to make such a distinction in a comprehensive fashion for analytical purposes.

I would name financial persons for propaganda purposes. It's the apparatus and what it does that matters. One could also name those, manufacturing or financial types, who deserve credit for some kind of good, if exceptional and uncharacteristic, behavior.

mbs


>
> >It also serves the interests of -- surprize!
> >-- parasitic finance, the decision-making
> >mechanism of Capitalism.

If one were to take one of the issues of Forbes 400, with particular emphasis on the "family wealth" in the back along with the core list, would it be possible to divide up those names into two groups, one industrial capitalists and one "parasitic financiers"? That is, if one focuses on the capitalist class (on the people and familites that constitute it) is it possible to differentiate it into a "progressive" or "good" or "productive" group of people and a parasitic group of people?

Carrol


>



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