[lbo-talk] RE: DeLong flap

[Curtiss Leung]

Q: Isn't the absence of good avenues for investiment for an increasing
surplus 
part of a liquidity trap?  Capital sitting around in money form and no
place
worth putting it?  Or do I misunderstand what a liquidity trap is?

Curtiss


> If there is a "law of the tendency of surplus is rise" (as Foster puts
> it), there would be always be avenues for profitable investment. Why 
> there is any overaccumulation of capital, if the rate of profit is not


> falling and the rate of surplus is rising?