“The chronic problem of monopoly capitalism is the economic problem appears to be the very opposite of what the textbooks say it is: not how best to utilise resources but how to dispose of super abundandant resources.” Scarce ResourcesMonopoly CapitalismEconomic ProblemAbundant Resources Book:Principles of Corporate Finance Source: Principles of Corporate Finance
“The chronic problem of monopoly capitalism is the economic problem appears to be the very opposite of what the textbooks say it is: not how best to utilise resources but how to dispose of super abundant resources.” Scarce ResourcesMonopoly CapitalismEconomic ProblemAbundant ResourcesChronic Problems Book:Principles of Corporate Finance Source: Principles of Corporate Finance
“All of this is fully understandable once the basic principle is grasped that under monopoly capitalism the function of the state is to serve the interests of monopoly capital.” CapitalismInterestsMonopoly Capitalism Book:Principles of Corporate Finance Source: Principles of Corporate Finance