Steve's barking at flesh eating capitalism

What in the world is flesh eating capitalism?
Flesh eating capitalism is starts eating at itself  That answers that question.
No it doesn't answer the question.
Think in the terms that when the price of oil goes up the oil companies make more money, the profits of companies that depend on shipping there products shrink, that's a form of flesh eating capitalism.
Another form and possibly my favorite form of flesh eating capitalism is the desire that profits have to go up ever year, over the previous year. In order to do that the company must take risks that a prudent president of the firm would not do. Now you the reader may not understand what I'm writing about. just think of investment banks gambling with their own money instead of making pennies on every transaction. If they were to do this they would never lose, but the profit would only be pennies compared to dollars if you guess right or rig the game. If you guess wrong, all hell breaks loose, If you rig the game and get caught even bigger hell breaks loose.
Another new disease over the past decade or so are the investor activists who demand immediate gratification. If the president or the chairman of the board of said company has plans for the future of the company it very well could be destroyed by these so called activists.


* News corp is finally getting it's APS together.(That has nothing to do with this paticular blog).
** I'm going to reinterate the biggest danger to capitalism is capitalism itself.