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Karl Marx Was Spot On

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"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

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"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

That's the only bit he got wrong.

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.. which will last all of 2 days and quickly turn into a dictatorship? Real communism doesnt last, its a good idea but it very quickly falls apart due to its naivety that people are nice to each other.

Capitalism works because people are nasty to each other and try to fk each other over. Capitalism gives people a platform to do this, and it why the system always rebalances back towards capitalism and democracy via a coup....

Edited by moosetea

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"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"

Karl Marx, Das Kapital, 1867

Interesting parallel here. Marx was right about many things...

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

Not sure about how this bit flows from the previous. There are several paths the state might take. If anything I think anarchy is more likely than communism.

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"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

Unfortunately he never said that:

http://meganmcardle.theatlantic.com/archiv...1/faux_marx.php

You can read/search Das Kapital for free here:

http://www.bibliomania.com/2/1/261/1294/frameset.html

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He also beat his wife and kids when he wasn’t neglecting them. He would periodically come into large sums of money from benefactors which he would proceed to blow on the good life for himself before ending up penniless. He also abhorred capitalist imperial countries like Britain. And then moved here first chance he got.

Yes, he was a wise man, and true inspiration to champagne socialists, and benefit scum alike. All hail Karl Marx.

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He also beat his wife and kids when he wasn’t neglecting them. He would periodically come into large sums of money from benefactors which he would proceed to blow on the good life for himself before ending up penniless. He also abhorred capitalist imperial countries like Britain. And then moved here first chance he got.

Yes, he was a wise man, and true inspiration to champagne socialists, and benefit scum alike. All hail Karl Marx.

Calm down - it's a fake quote from a chain email that bankers send each other to pass the time between bailouts.

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Just waiting for someone to start the "real communism has never been tried" old chestnut.

tick, tock....

I would be a really good leader and benefactor to my people, unfortunately if I am really good, and I get rid of corruption and make a truly fair communist system and believe and trust everyone I am going to get shot. The only way to survive is to be in a democracy, or be a ruthless dictator. Even in the best self levelling democracy (The USA) there is an unprecedented level of corruption, good leaders get killed or superseded by the ambitious who promise the people unlimited wealth through debt.

Edited by moosetea

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Calm down - it's a fake quote from a chain email that bankers send each other to pass the time between bailouts.

:) . Well spoted though. Thanks for pointing this out.

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一億二千四百四十五萬三千四百二十二

'Ere, that's me girlfriend's number! :o

She no love me long time. :(

:lol::lol::lol:

Edited by Dave Spart

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Calm down - it's a fake quote from a chain email that bankers send each other to pass the time between bailouts.

I just wish all NuLabour members, not to mention the core voters stuffing the jails and sink estates would all ****** off to a country that actually wants to be socialist like Venezuela rather than living here and periodically convincing the Sheeple to vote for them.

We should be ashamed these people where put in charge again. Just the way that Germany has spent 50 years being ashamed they elected Herr Hilter leader of the national socialist party.

These ***** are always poison.

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I just wish all NuLabour members, not to mention the core voters stuffing the jails and sink estates would all ****** off to a country that actually wants to be socialist like Venezuela rather than living here and periodically convincing the Sheeple to vote for them.

We should be ashamed these people where put in charge again. Just the way that Germany has spent 50 years being ashamed they elected Herr Hilter leader of the national socialist party.

These ***** are always poison.

+10

Can we send the daily mail to Venezuela aswell? I am always amazed at the socialist (and nationalist! - Join the two together folks) turn out on HPC, it is an economic forum, yeah we are discussing the Falling House Prices but some people seem to link this with the end of democracy/anarchy

Edited by moosetea

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I just wish all NuLabour members, not to mention the core voters stuffing the jails and sink estates would all ****** off to a country that actually wants to be socialist like Venezuela rather than living here and periodically convincing the Sheeple to vote for them.

We should be ashamed these people where put in charge again. Just the way that Germany has spent 50 years being ashamed they elected Herr Hilter leader of the national socialist party.

These ***** are always poison.

I don't think you can argue that this is entirely a UK-centric problem.

I don't think you can argue the current UK government is entirely socialist.

Edited by redalert

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Guest skullingtonjoe

What`s all this talk about the `New Capitalism` that Peston was on about. Just what exactly does that mean? How far can capitalism be rebranded to make it `new` without it ceasing to be capitalism?

Anyone got any ideas?! :blink:

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"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

Are you trying to say Brown meant it? :lol:

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I just wish all NuLabour members, not to mention the core voters stuffing the jails and sink estates would all ****** off to a country that actually wants to be socialist like Venezuela rather than living here and periodically convincing the Sheeple to vote for them.

We should be ashamed these people where put in charge again. Just the way that Germany has spent 50 years being ashamed they elected Herr Hilter leader of the national socialist party.

These ***** are always poison.

Hang on, are you saying that representative democracy DOESN'T reflect the will of the people? Why didn't people point this out in the 80's and 90's?

What are you proposing as an alternative? A plutocracy where you have to earn a certain amount in order to vote?

Sorry, Bing, but you're the frothing minority here, and your kind only has power on message boards and local newspapers.

Mmm!

*Rolls naked on a bed of tax credits*

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  • 292 Brexit, House prices and Summer 2020

    1. 1. Including the effects Brexit, where do you think average UK house prices will be relative to now in June 2020?


      • down 5% +
      • down 2.5%
      • Even
      • up 2.5%
      • up 5%



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