[lbo-talk] libor?

nathan tankus somekindofheterodox at gmail.com
Wed Jul 18 16:45:59 PDT 2012


"And all this quite seriously misses -- no, conceals -- the real horror of capitalism and capitalist relations of production.

Carrol"

Really? How so? Must we mention the horrors of capitalist production at the end of every conversation about wall street? Is it really so difficult to acknowledge criminality in the financial sphere without concealing the horror of capitalism?

When Marx said the below was he concealing the horrors of capitalist production? When he spoke of Slavery was he whitewashing the problems of capitalism?

“Talk about centralisation! The credit system ... constitutes enormous centralisation, and gives this class of parasites the fabulous power, not only to periodically despoil industrial capitalists, but also to interfere in actual production in a most dangerous manner-and this gang knows nothing about production and has nothing to do with it."

-- -Nathan Tankus -----------------------------------------------------------------------------------------------------------------------------------------------



More information about the lbo-talk mailing list