One cannot imagine new business without cash inflow … One cannot imagine rescuing a defaulting business without further cash inflow.
The link between business and capitalism seems to have become natural, hence the feeling that “you need oil to have ideas” … in the very defiance of the “Giscard slogan” of the France in the 1970s (“en France on n’a pas de pétrole mais on a des idées”).
Marxism is based upon the confrontation between capital and labor force, all the events involved by such confrontation being meant to contribute to the modern history of the developped countries.
Information technology and digitalization of data may distort somehow these economic patterns and give way back to the “Giscard slogan” for France … if we consider the magnitude of the impact of such technologies on the demonetization of traditional industries and on the expansion of new ones.
Time has never been so critical in the economic equation.
Should a novelty come to the market with a hint of an initial success, lot of money would be poured to support its development.
Sometimes to such amounts that managers could easily be confused by the very meaning of capital inflow as opposed to turnover!
Funny times…
Dominique F. Pasquier