Thursday, 11 August 2011

Roubini Says "Karl Marx Was Right"

He may not agree with all that we say here, but Roubini can see what we see: capitalisn can destroy itself: it's what we have called "the merry-go-round" - the way in which "private" capitalists ruin the State that is supposed to save their bacon, and then prevent the State from doing anything about its ruin!

http://www.theaustralian.com.au/business/economics/karl-marx-was-right-says-economist-nouriel-roubini/story-e6frg926-1226113566843

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