Marx

My nephew, who is on a graduate management training programme with Bank of Scotland sent me this quotation from Das Kapital.. I thought that it deserved wider circulation. “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