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Exact(18)
At the same time, by dealing primarily in speculation, the financial markets deny potential funds for investment to productive enterprise: they restrict the pool of production capital.
"It was not a productive enterprise," John McCain told me.
Investment banking, which raises capital for productive enterprise, accounted for a mere 11 percent.
What's more, it will subsidise banks to lend on property rather than productive enterprise.
Investors -- unlike roulette players -- can honestly expect to make a gain (their share in the profits of productive enterprise).
Of course policies need to be country-specific but, in general, there needs to be more focus on channeling resources into productive enterprise.
Similar(42)
Command economy, economic system in which the means of production are publicly owned and economic activity is controlled by a central authority that assigns quantitative production goals and allots raw materials to productive enterprises.
Nationally, new stadiums hurt the economy by diverting investment from more productive enterprises.
Industry, a group of productive enterprises or organizations that produce or supply goods, services, or sources of income.
Such indiscriminate cutting slashes demand — a counterproductive strategy, given huge unemployment and idle productive enterprises that have been decimated by the lack of market demand.
What matters is whether the borrowed money is going to create productive enterprises and purchase valuable assets that will generate future profits to repay the debt.
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Since I tried Ludwig back in 2017, I have been constantly using it in both editing and translation. Ever since, I suggest it to my translators at ProSciEditing.

Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com