[lbo-talk] Stock Markets vs the Real Economy

[shag carpet bomb]

that is cool though. so, like online media, they don't make their money 
from selling newspapers, but from selling ads and, increasingly, from using 
social media to collect information about their subscribers and selling 
that information to marketing companies and other businesses who then pitch 
products to consumers that they don't make a profit on directly, but do 
make money on via, say, a service warranty.

and people tell me that post-structuralism is bullshit! post-structuralism 
was just naming an emerging world!

At 11:29 PM 8/8/2011, michael perelman wrote:
>Carrol gave a couple of examples.  GE, the auto manufacturers, even
>retailers often only make their profits on warranties.  Seth, you are
>right that it does not make sense.  Neither does capitalism.
>
>On Mon, Aug 8, 2011 at 8:21 PM, Carrol Cox <cbcox at ilstu.edu> wrote:
> > I was trying to remember the other day how Greyhound had shifted its
> > business. U.S. Steel turned itself into Marathon and sold the steel
> > business. The (original) Greyhound did the same, but I don't know or can't
> > remember what it turned itself into.
> >
> > Carrol
> >
> > On 8/8/2011 5:29 PM, SA wrote:
> >>
> >> On 8/8/2011 6:16 PM, michael perelman wrote:
> >>
> >>> I am thinking of corporations moving from real investment to finance
> >>> -- I call it reverse finance capital.
> >>
> >> Michael, as I've said many, many times before, I don't think this idea
> >> makes any sense whatsoever. How does this work exactly?
> >>
> >> SA
> >>
> >> ___________________________________
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> >
> > ___________________________________
> > http://mailman.lbo-talk.org/mailman/listinfo/lbo-talk
> >
>
>
>
>--
>Michael Perelman
>Economics Department
>California State University
>Chico, CA
>95929
>
>530 898 5321
>fax 530 898 5901
>http://michaelperelman.wordpress.com
>___________________________________
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