Read this article today, which was revealing. Don't really follow one stock or stocks, so I never knew this. I heard that GE Capital made money for the company, but did not realize it to that extent.http://www.bloombergview.com/articles/2016-01-15/general-electric-is-no-longer-a-bank
That's the part that interests me, just from a curiosity standpoint.
If we listen to Professor Hudson, and look at General Electric, this is how capitalism has evolved.
What is it, like 200 years after Marx, and capitalism is a organism that is still evolving.
On a side note, perhaps why the leftist movements like "Take over Wall Street", forgot what it was called, that is maybe why there were so ineffective?
The old story of how to fight the enemy, you must know the enemy, well, those leftist were just ... I don't know what they were talking about, because did not know what they were talking about.
If you want to do something, then you must know what to do, otherwise you will be ineffective. But to know how to tackle such problems, people must learn, and try to understand them. But of course, people more interested in the SuperBowl. And thatès that. Personally, I suspect it will be Arizona and Kansas City in the big game.
Financial Capitalism v. Industrial Capitalism
By Michael Thursday, September 3, 1998
http://michael-hudson.com/1998/09/financial-capitalism-v-industrial-capitalism/
