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

[tully]

On Saturday 26 March 2005 01:35 pm, John Mage wrote:
> Investment in
> new capacity is a threat to profits - "overcapacity" in manufacure
> is the normal state - 

Isn't this a natural result of "supply side" economics?  What might a 
"demand side" version of economics look like?  

--tully