Wednesday, January 28, 2009

Where does the crises lead?

So, I told myself that I'm not going to write about politics and economical stuff that bothers me, and believe me there is everyday such a thing. And it would not happen if a friend would not have sent me a passage from Karl Marx's The capital book. I know, this book is about Marxism or communism and is hated/loved by many people in the world, but how many of you (including myself) have read it? Yes, thats right! So, have a look at it:

"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 Kapital, 1867)

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