larry calls for more equity less debt
as if this was either a stylistic option or a moral failing
debt build up ie fast flowing universal credit
accelerates development
and consquent high leverage concentrates and amplifies the profit rates of enterprise
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his counter to public utility models for the credit system
"look at gosplan "
he is more clever about fully socialized public enterprise and unit level externalities
without realizing the own bottom fallacy that high equity ap[proximates
ie less and less equity is the progressive motion of the system
just as less and less cash sales versus credit sales is progress