[lbo-talk] Kucinich on money

Charles Brown charlesb at cncl.ci.detroit.mi.us
Tue Sep 30 09:56:06 PDT 2008


Revolutionary socialists have always, always, always advocated nationalization of the banks and democratic accountability of the Central Bank. That is what should be meant by fundamental change in the monetary system (any monetary system, like money itself, is by definition debt-based). Isn't it time for fundamental change?

Shane Mage

"5. Centralization of credit in the banks of the state, by means of a national bank with state capital and an exclusive monopoly. "

http://www.anu.edu.au/polsci/marx/classics/manifesto.html#Proletarian

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