The Shaved Soapbox

3Mar/090

A scary quote

This is just scary, was it foresight for our current situation, or for the situation at the time?

 

"Owners of capital will stimulate the working class to buy more and more expensive goods, houses and technology, pushing them to take more and more expensive credits, until debt becomes unbearable.

The unpaid debt will lead to the bankruptcy of banks, which will have to be nationalized, and the State will have to take the road which will eventually lead to Communism. "

Karl Marx, 1867.

Digg This
Reddit This
Stumble Now!
Buzz This
Vote on DZone
Share on Facebook
Bookmark this on Delicious
Kick It on DotNetKicks.com
Shout it
Share on LinkedIn
Bookmark this on Technorati
Post on Twitter
Google Buzz (aka. Google Reader)

Related posts:

  1. A quote we can all relate to in South Africa
  2. Quote of the day – 2008-11-20
  3. All you need to know about banking
Comments (0) Trackbacks (0)

No comments yet.


Leave a comment


No trackbacks yet.