Monday 9 February 2009

Insightful quote

"Owners of capital will stimulate the working class to buymore and more of expensive goods, houses and technology,pushing them to take more and more expensive credits, untiltheir debt becomes unbearable. The unpaid debt will lead tobankruptcy of banks, which will have to be nationalised, andthe State will have to take the road which will eventuallylead to communism"

Karl Marx, Das Kapital, 1867

3 comments:

  1. Karl Marx had a great philosphy, pitty it was practiced by humans.

    ReplyDelete
  2. one of the best explanation of the cause of recent recession.

    ReplyDelete

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