…to consume by capital income? Well, for every dollar of capital income, roughly 18% is being spent on consumption. (15% effective tax rate, 67% savings rate) What is the propensity…
…society. The specific type of society Marx had in mind was, of course, capitalism. The exercise of searching for terminology that wasn’t there focused my attention on passages that otherwise might…
…countries have allowed free movement of capital in or out and also allowed the values of their currencies to fluctuate. They haven’t had much choice. When capital is free to…
…their compensation in the form of “carried interest” and claiming that such profits should be treated the same way a real capital investment in a partnership is treated, even though…
…surplus capital in those two earlier fragments, as well as in his discussions in Capital of the general law of capitalist accumulation and the internal contradictions of the law of the tendency…
…capital that “expose the basis of overproduction, the fundamental contradiction of developed capital.” Nicolaus qualified what Marx meant by overproduction to be “[not] simply ‘excess inventory’; rather, he means excess productive…
…sale of the stock is reported as a capital gain. Thus what is really current compensation income is re-characterized, through the reinsurer “conduit” scam, as a deferred capital gain. So…
…that Romney’s claim is false. There was no private capital available, from Bain Capital or Goldman Sachs or any other firm, for “managed” bankruptcies of these companies—bankruptcies that would have…
…a blog posting regarding Bain Capital, GM and Chrysler, which is incorrect. Refer to the CNBC retraction below. Please update your story accordingly. http://www.nationalreview.com/corner/288038/withdrawn-cnbc-report-bain-advised-obama-administration-auto-company-bailout-has-been- Best, Charlyn Lusk Charlyn Lusk Stanton…
by Linda Beale Holman Jenkins’ Support for Job Destruction at Bain Capital Doesn’t Hold Up Holman Jenkins Jr. writes an op-ed for the Wall Street Journal: “The Truth about Bain…