Re: A forum on finance capital

1997-10-20 Thread Doug Henwood
Max B. Sawicky wrote, evasively: >That industry and finance are related is a truism. >To some extent, however, > >a) industry and finance are directed by different people; >managers on the one side and brokers/traders/bankers >on the other; > >b) business owners, entrepreneurs, absentee o

Re: A forum on finance capital

1997-10-20 Thread Max B. Sawicky
I appreciate Louis' interesting report but note that all the speakers, while substantive, seemed to be of the same mind. Does everybody here buy the view reflected in the panel? I don't have time today to respond in detail because I'm trying to work through a blizzard of Paul Davidson posts on

A forum on finance capital

1997-10-19 Thread Louis N Proyect
Recently the "globalization" theorists have begun to target "finance capital" as the root of all evils. In a glossy newsletter that I received recently from the Forum on Globalization, David Korten, the group's executive director and author of "When Corporations Ruled the World", makes the case th