+ Reply to Thread
Results 1 to 2 of 2

Thread: Owners of capital will stimulate the working class to buy more and more................

  1. #1
    Mie1's Avatar
    Mie1 is offline Senior Member
    Join Date
    Mar 2008
    Location
    Windhoek
    Posts
    885

    Default Owners of capital will stimulate the working class to buy more and more................

    Marx: "Owners of capital, etc." Fake quote.


    "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."

    You can hardly read a blog or a comments column on an online newspaper without seeing this from Marx, right on the money. Did he really say that? Really see it all coming? No he didn't. Well, maybe Groucho or Zeppo could have... But it's quoted everywhere to justify arguments about the current credit crisis (11000 google hits for the whole para) so.... But it's cobblers. It isn't written anywhere in his writings. Everyone quoting everyone else. An internet myth.

    What it does show is that people will even look at a discredited ideology, so disenchanted are they by corruption and ineptitude that they even want to damn our system by comparison to the horrors of Communism.

    It won't be lost on Brown and Co., either, that people will suspend their critical faculties and believe pretty much anything they're told if they hear it often enough.

    Goodnight Spilsby, we love you!: Marx: "Owners of capital, etc." Fake quote.

  2. #2
    Comrade007's Avatar
    Comrade007 is offline Senior Member Awards:
    Posting Award
    Join Date
    Aug 2007
    Location
    Windhoek
    Posts
    533

    Default Re: Owners of capital will stimulate the working class to buy more and more................

    The fact that so many people believe this to be true is only a small reflection of the fact that there is a deep disillusionment and growing resentment with the free capitalist system as it existed until only a few months ago.

    How can it be otherwise?

    The very people who work their butts off to make companies work end up losing their jobs (witness the huge number of people in banks who have lost their jobs in the US and UK...) while those who took reckless decisions and took risks they did not understand themselves and allowed pure greed to inform and shape their daily agendas get paid millions in retirement funds and bonuses. It is as bizzare as it is unjust and to think that to date NOBODY has been criminally charged with any of this is just a small indication of how deep the rot is and how strong the bonds between the politicans and their financiers. I'm not naive: Life is not fair, nor is it just. But where injustice occurs and where unfairness is practised it should be nipped in the bud and addressed. The time has come to say out loud that the days when the "free" market held sway over the lives of millions are over. And so they should. The "free" market is neither free, nor is it able to regulate itself. It is a smokescreen in the name of which the rich ride the poor, on a systemic level.
    Last edited by Comrade007; 8th April 2009 at 07:48 PM.
    "Nothing is complete and thus nothing is exempt from criticism." - James Luther Adams:

+ Reply to Thread

Tags for this Thread

Bookmarks

Posting Permissions

  • You may not post new threads
  • You may post replies
  • You may not post attachments
  • You may edit your posts
  •