Karl Marx
 

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 nationalized and the State will have to take the road which will eventually lead to communism.

Karl Marx, Das Kapital, 1867

sounds familiar...

That guy had an advanced mind!!

cool passage. The conditions are pretty much perfect for communism now in N.A. and Europe. Most don't understand that you need to already have the means of production to start communism, this is where China, Russia, and Cuba have failed. Too bad people base their opinion of the movement on those examples. Not to say that I support it, just stating the facts outlined by Marx

http://thegrandnarrative.files.wordp...x_brothers.jpg

Karl was always the serious brother... :2 cents:

ADG

power to the sheeple

i saw this and what to say, he fucking know!

It's some made up bs probably, can someone confirm for a fact that that passage is actually in Das Kapital?

With uncanny prescience, Karl Marx wrote in Das Kapital (from his doctrine of the theory of surplus value ? in an updated translation): "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 nationalised, and the State will have to take the road which will eventually lead to communism."

Taken from Scotsman.com

This is the last place I expected to find fellow Communists.

any of you guys watch the new Zeitgeist?

http://video.google.com/videoplay?do...05277695921912

Haven't watched it yet.

To expand and modernize that a bit, I think the government is willingly and deliberately supporting the high-risk/high-yield policies of greed that current capital owning entities are inundating the sheeple with. The end result is of course that like Marx said, the people will accumulate debt until it is unbearable.

The delivery method for this wears the face of "economic stimulation". Because even though depressions don't just disappear overnight, you're seeing a million different marketing strategies to promote continued, unnecessary expenditure of credit - not capital - by already heavily indebted consumers.

So by bailing out institutions who have already completed the arc of their irresponsible fiscal policy, and should logically have to reap what they've sown, the bailouts allow for dramatic and disastrous exacerbation of the initial magnitude of their effects. This is what I think is the real coup-de-grace that will herald the overt and complete nationalization, of all "public" capital holding (not for long) entities.

Do you think I'm missing something, or does this sound about right?

As far as I'm concerned that exact paragraph doesn't belong to Das Kapital... communism (and the overthrowing of capitalism) is achieved through class struggle, not through a "stretch out and wait and wait" pasive political position.

possible fake quote going around in emails:

http://meganmcardle.theatlantic.com/.../faux_marx.php

This was not said by Karl Marx. Sorry, but here is the truth: