[lbo-talk] Sawicky's Math (was Re: Obama on poverty:straightDLC=

sawicky at verizon.net sawicky at verizon.net
Thu Apr 3 10:08:04 PDT 2008


Well other things equal, if workers save more there will be more capital, if not Capital. Though workers don't save much.


> ----- Original Message -----
> From: Doug Henwood
> Sent: 11:37 am
> To: lbo-talk at lbo-talk.org
> Subject: Re: [lbo-talk] Sawicky's Math (was Re: Obama on
> poverty:straightDLC=
>
>
> On Apr 3, 2008, at 11:24 AM, sawicky at verizon.net wrote:
>
> > without doing much for
> > capital formation, insofar as workers choose not to save more.
>
> Huh? Capital formation comes out of workers' savings?
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