>Doug Henwood wrote:
>>
>> That
>> makes her the opposite of a capitalist in some ways - an
>> old-fashioned rich person who enjoyed hoarding and/or spending, but
>> not throwing her capital into the M-C-M' circuitry.
>>
>
>Yes she was. She didn't live off principal. I suspect but off of
>dividends, interest, etc. She was a rentier.
And how did she provide capital for production by buying bonds or stocks?
Doug