[lbo-talk] profit-as-investment ?

[Wojtek S]

In national accounting, operating surplus (i.e. "profit") is
"distributed" into several  "components"  - distributed income of
corporations, taxes, social benefits, final consumption, and savings,
the latter basically ending up as investments of one sort or another.
So from a descriptive pov, the phrase in question is a trite tautology
- but if treated as a normative prescription, it can mean maximizing
savings at the expense of other components.  Given the popularity of
this phrase with techno-libertarians (may they languish in a
reeducation camp :)) it is probably a coded way of saying that cutting
taxes and social benefits will lead to greater investments and a
return of prosperity these guys enjoyed during the "new economy."
Just guessing.

Wojtek

On Sun, Oct 23, 2011 at 9:57 AM, shag carpet bomb <shag at cleandraws.com> wrote:
> one of the people involved in the liberty square "vision" stuff promotes
> "profit as investment" and a lot of open source techno-libertarianism.
>
> what is is "profit as investment"?
>
> --
> http://cleandraws.com
> Wear Clean Draws
> ('coz there's 5 million ways to kill a CEO)
>
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