[lbo-talk] Re: wotsit madder

Travis Fast tfast at yorku.ca
Tue Mar 16 22:55:01 PST 2004



>
>
>Meanwhile, profit rates don't matter to anybody but dogmatic Marxists. What
>capitalists care about is cash flow, the rate at which money and wealth
>flows into their portfolios. Every statistic on the planet documents that
>this is not a problem. Never really has been, but it certainly isn't now.

Gee every capitalist I have ever talked to cares about after tax ROI pure and simple. Which in the aggregate, sans the taxes, is close enough to Marx's def of the profit rate.

Travis



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