Commentary on Political Economy

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!

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