#103 Rentier Capitalism: Who Owns the Economy, and Who Pays for It? w/ Brett Christophers
Politics Theory Other
00:00
What Is Balance Sheet Capitalism?
The balance sheet is a point in time assessment of a company's assets and liabilities. Assets are the things that the company puts on its balance sheets that are expected to generate future economic benefits. So by using the term balance sheet capitalism, i'm trying to point out that the balance sheet is where you look to see what those assets are that these types of companies own. In the case of non frontier comp s, the balance sheet might not be so significant. But in the case of a rontier company, the balance Sheet is all important because that's where you see these all important assets"
Transcript
Play full episode
