On Aug 2, 2010, at 2:28 PM, socialismorbarbarism wrote:
> Please, spare Marx from such “friends.”
>
> Production capital good! Finance capital bad! Ugga ugga ugga [scratch
> armpits]. Decadent, pervert financial capitalists forcing their sick
> fantasies down the throats of straight, decent production capitalists
> who make real things for the real world in the real non-travesty free
> market of the Golden Age of sometime-or-other! Ooo yucko!
Well, yeah, but there's also this, from Capital vol. 3 (p. 678 of the Vintage ed - I almost called Wall Street Fabulous Parasites in honor of this passage):
> Talk about centralization! The credit system, which has its focal point in the allegedly national banks and the big money-lenders and usurers that surround them, is one enormous centralization and gives this class of parasites a fabulous power not only to decimate the industrial capitalists periodically but also to interfere in actual production in the most dangerous manner — and this crew know nothing of production and have nothing at all to do with it. The Acts of 1844 and 1845 are proof of the growing power of these bandits, added to whom are the financiers and stockjobbers.