Didn't Marx and Veblen make the same distinction?
Reader comment on: The Financial Times on 'Parasitical' Paulson
Submitted by David (United States), Feb 4, 2010 16:58
I haven't read Muller's new book, but I recently read his "The Mind and the Market", and it sounds like the new one is a distillation of one of the prominent themes of the older book. The favorable popular attitude towards manufacturing vis a vis finance is not new, is not limited to the ethnicity of the financial set (just ask the Chinese diaspora in Asia), and is not going away. As for John Paulson, better for him to earn his money via his insights than for others to receive taxpayer $$ courtesy of the other Mr. Paulson.
Note: Comments are moderated by the editor and are subject to editing.
Other reader comments on this item
|⇒ Didn't Marx and Veblen make the same distinction? [98 words]
|Feb 4, 2010 16:58
|Recall the Merchant of Venice [110 words]
|Feb 4, 2010 10:27
Comment on this item