[lbo-talk] NYT: "Too Much Capital"

Jordan Hayes jmhayes at j-o-r-d-a-n.com
Sat Mar 26 10:36:33 PST 2005


Doug asks:


> What's capital if it's not hiearchical?

"Walking around money"

I know this isn't common, but there's a not-insignificant amount of capital that wasn't extracted from the exploited workers and that doesn't get put to use via "machinery worked by proles" -- mostly it gets spent :-)

http://www.forbes.com/2003/11/21/cz_1121jackson.html

This is a big example, but you can bet that Brad Pitt is spending quite a bit of money these days ...

/jordan



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