NationStates Jolt Archive


bank crisis

Anthil
04-02-2009, 14:07
A quote, for what it's worth:


"Owners of capital will stimulate the working class to buy more and more of expensive goods, houses and technology, pushing them to take more and more expensive credits, until their debt becomes unbearable. The unpaid debt will lead to bankruptcy of banks, which will have to be nationalised, and the State will have to take the road which will eventually lead to communism"

(Karl Marx : " Das Kapital")



Well now, ... except for that final conclusion ...
Barringtonia
04-02-2009, 14:10
Apparently it's not in Das Kapital.
Zombie PotatoHeads
04-02-2009, 14:33
If only there was a gadget on the interwebs that allowed one to search and research quotes for validity and accuracy before posting. We could give it a snappy memorable name, maybe something with lots of g's in it's title. People like the letter 'g', as it looks cute. It'd be a sure-fire winner, I'm certain!

fyi:
http://meganmcardle.theatlantic.com/archives/2009/01/faux_marx.php

and here's his book if you're really that interested:
http://www.bibliomania.com/2/1/261/1294/frameset.html