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The answer is held in the concept of SOC: social overhead capital.
FORBES: Listen Up Bernanke, QE Is Not The Answer
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Austerity is all about cutting back on social overhead capital.
FORBES: Listen Up Bernanke, QE Is Not The Answer
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Because in the developed world, social overhead capital produces too many bridges to nowhere, too many non-jobs with long term unfinanced liabilities attached, bureaucracy and the regulation of everything that moves.
FORBES: Listen Up Bernanke, QE Is Not The Answer
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Even without all the necessary cuts that should occur, a reconnection of social overhead capital to direct productive activity would reinvigorate the economies of the developed world and trigger the growth so desperately needed.
FORBES: Listen Up Bernanke, QE Is Not The Answer
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Now, in the Pennsylvania boonies during the bust, he's New Economy--but without the overhead, fancy venture capital and gaudy expectations that killed so many boom-era dot-coms.
FORBES: The Medium Is the Model
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Now, in the Pennsylvania mountains during the bust, he's New Economy--but without the overhead, fancy venture capital and gaudy expectations that killed so many boom-era dot-coms.
FORBES: The medium is the model
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In the new world, physical capital is a costly overhead, not a protection.
ECONOMIST: A new song
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Years of narrow gross margins and perhaps a bloated overhead structure had placed MusclePharm in a perilous working capital position.
FORBES: Blast Off Time For MusclePharm: $12 Million Offer is Complete
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Even with the daily protestations that marketing is an investment and not a cost, in deference CMOs know their media budget is second or third on the capital expenditure list, and disconsolate CFOs are struggling to bring down overhead.
FORBES: CMO Lessons For The Boardroom Table From The Kitchen Table
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But newer companies that venture investors are pouring capital into will do this with fresh business models geared directly toward digital platforms that use less overhead.
FORBES: Venture Into Media's Future