Karl Marx on the Bailout
By Daniel Miessler on February 3rd, 2009: Tagged as Economics
“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
[ 2009-02-02 : This is a fake quote. Well, a real quote, but not from Karl Marx. Thanks to Carl for the catch, and shame on me for not researching more (I read it was thought to be fake but was proven real). ]