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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 their debt becomes unbearable.


The unpaid debt will lead to bankruptcy of banks, which will have to be nationalised, and the state will have to take the road that will eventually lead to communism'


Karl Marx, Das Kapital, 1867



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peter - 2009-03-13 10:03 PM


But probably a good observation nevertheless.





If the observation was made some years ago it could be viewed as 'astute', but if it was made last week, it's just a bit more expert hindsight.




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