Brown warns against 'pessimism'

[Peoplesoft bloke]

Maybe the new world order is communism?

'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'.

Karl Marx, Das Kapital, 1867

Which page of your copy of Das Kapital does that appear on?

I only ask as a quick Google suggests plenty of people who have the book can't find that quote anywhere.

[BrilloPad]

Which page of your copy of Das Kapital does that appear on?

I only ask as a quick Google suggests plenty of people who have the book can't find that quote anywhere.

.....

This quote has been discredited. Like so much on the internet, it's made up.

Linky

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Good spot.

HTH

[expat]

Maybe the new world order is communism?

'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'.

Karl Marx, Das Kapital, 1867

I am slightly disappointed at the number of people who are pleased to have discovered on Google that this "quote" is apparently manufactured. Why do you need Google? Is it not obvious? Stop and THINK: were the Victorian working class buying houses? Expensive goods?? They could scarcely afford food. And as for technology, its roots may be Ancient Greek but the word has to be 20th century.

Did the working class in the 1860 take on more and more debt from banks? They would rarely see a bank, let alone get a Visa card from it.

And finally, how would a credit crunch lead to communism? Nationalising the banks to relieve consumer debt was nothing to do with how Marx saw a communist revolution.

It is self-evident that this is a work of fiction. THINK, please!

[Doggy Styles]

Marx also said we should invent an "internetwork", where people using Babbage Difference Engines communicated over a network of carrier pigeons.

[DimPrawn]

Marx also said we should invent an "internetwork", where people using Babbage Difference Engines communicated over a network of carrier pigeons.

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