does everything have to be relevant to political action?
^^^^^^
CB: Ok, then, what does it have to do with creating wealth ?
^^^^^^^
me:
If the stock market were to be
open 1 day a week, it would serve its purpose for capitalism
without
all the useless brouhaha.
Doug:
No it wouldn't. The whole point of the stock market is to make
private claims on social wealth readily tradable and immediately
liquid, at least in potential. Yes, the daily gyrations are
economically meaningless, but having the means of production up for
constant sale is at the root of modern capitalism.
On 3/1/07, Charles Brown wrote:
CB: What significance does this have for political action ?
--
Jim Devine / "The truth is more important than the facts." -- Frank Lloyd
Wright
