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

Eubulides paraconsistent at comcast.net
Mon Feb 7 20:42:41 PST 2011


On 11-02-07 11:43 AM, SA wrote:


> I'm not sure I fully grasped that (is he just saying bankers will
> finance anything they think is profitable and will search for the
> funding wherever they can find it?) But JS believed that lots of things
> that were "part of the core of the capitalist process" were on their way
> to the dustbin of history. It looked like he was right for a while, but
> then he was wrong. It takes a historian to figure out why.
>
> SA

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"Schumpeter is just Marx with the adjectives changed" -- Joan Robinson



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