[lbo-talk] Goodbye to the export of surplus capital?

SA s11131978 at gmail.com
Mon Feb 7 11:03:16 PST 2011


On 2/7/2011 1:49 PM, Doug Henwood wrote:


> This stuff is circular and feeds on itself, so it's hard to identify a first cause. But financial assets were relatively minimal in the 1950s. And nonfin corps were transferring about 20% of internal funds to shareholders. Since 2000, it's more than three times that.
>
> Why was there pressure for dereg and innovation?

Good question. See, this is why we need historians! I feel validated!

SA



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