The financial mess we have created was predicted in 1867!
I've been clearing out my 'quotes' area on the website and found this:
"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 credit, 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. " (Das Kapital, 1867)
DO WE EVER LEARN? ann
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Ann Andrews CSP
The Corporate Tool-box
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Posted by Ann Andrews CSP, filed under Tool-box News and posted on 14/12/2011
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