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Unread 05-11-2011, 02:24 PM   #8 (permalink)
DJ FC
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Financiers allocate capital to where it best generates wealth. They have a profit motive to do so. The wealth holders have a profit motive to allow the financiers to allocate this capital.

When capital is properly allocated, the creators of new wealth do what they do best - create.

Edit: Basically what I'm saying is that capital allocation itself is a very high-level form of wealth creation.


The basis of our governments being the opinion of the people, the very first object should be to keep that right; and were it left to me to decide whether we should have a government without newspapers, or newspapers without a government, I should not hesitate a moment to prefer the latter. But I should mean that every man should receive those papers and be capable of reading them.
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