Friday, January 09, 2009

Speaking of Nationalization

...thinking about communism...

Owners of capital will stimulate 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 State will have to take the road which will eventually lead to communism.

Karl Marx, 1867

2 comments:

Anonymous said...

this is a fake quote...

Geoff said...

This quote is an hoax....

"Owners of capital will stimulate 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 State will have to take the road which will eventually lead to communism.

Karl Marx, 1867"

Check your sources first. It is very disapointing for such a valuable blog...

You can say it is yours today, but not Karl's back in 1867