Economic Recession

Go down

Economic Recession

Post  Admin on Fri May 14, 2010 2:40 am

Would you say Communism has one over as Karl Marx predicted the exact cause:
"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 nationalized, and the State will have to take the road which will eventually lead to
communism" Karl Marx, Das Capital, 1867.


Posts : 25
Join date : 2010-05-13

View user profile

Back to top Go down

Back to top

- Similar topics

Permissions in this forum:
You cannot reply to topics in this forum