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Crisis Stricken Germans Turn to Marx..

by campanaro | October 16, 2008 at 10:14 am

209 views | 4 Recommendations | 7 comments

As the economy founders, sales of
Das Kapital soarThe financial crisis has made interventionists out of the most laissez-faire politicians, but in Germany the affection for state control seems to have attained new heights.
The GuardianDas Kapital reportedly up 300%. As Europe's largest economy feels the pinch, one publisher said, "Marx is in fashion again."

Once the whipping boy for the worst excesses of Communism, the economic theorist is receiving a second look; even the country's finance minister admitted that "certain parts of Marx's theory are really not so bad." His writings on economics are famously abstruse, but his journalism remains accessible; as he wrote to Engels in 1857, "the American crash is a delight to behold and it's far from over."

campanaro

Source courtesy of:
Guardian (UK)
http://www.newser.com/

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Jarrett Martineau

at 10:29 on October 16th, 2008

Please use the Highlight tool to quote from external sources and be sure to include your own original content in posts.

campanaro

at 11:13 on October 16th, 2008

eastvanray,

Thanks for the comment

appreciate it..

I agree totally

Found it interesting...

Peace,

campanaro

campanaro

at 11:14 on October 16th, 2008

Fairbanks,
Thanks I agree also
loved your comment
Peace,
campanaro

SOLARLIFE

flagged this story as Good Stuff

at 12:38 on October 16th, 2008

campanaro, I like this story. Well Americans don't know much about Marx. Marx was describing in Capital III exactly the final accumulation of capital in the hands of a few and the final collapse of capitalism as effect, like it happened now. Another theory says capitalism will die, because it needed communism as counterpart to exist.