Michael Balter wrote:"Big Capital" --AS capital-- does nothing that is not thought to produce
> I have no doubt that the LHC will destroy the earth if not the entire
> solar system, but could someone explain how it is going to yield
> profits for Big Capital? Unless Sam is talking about the physics
> textbook market.
profits. But individual big (and small) capitalists may spend money on
all sorts of things that bring no profit: yachts, private planes, opera
houses, etc. And governments are always a mixed affair. See David M.
Kotz, "The Erosion of Non-Capitalist Institutions and the Reproduction
of Capitalism," in Robert Albritton, Robert Jessup and Richard Westra
(eds.), _Political Economy and Global Capitalism: The 21st Century,
Present and Future_, pp. 159-176. (The three institutions are state,
family, & educational institutions.)