This quote has been making the rounds on Wall Street.
Owners
of capital will stimulate the working class to buy more and more of expensive goods, houses and technology,
pushing them to take more and more expensive
credits, until their debt becomes unbearable. The unpaid
debt will lead to bankruptcy of banks, which will have
to be nationalised, and the State will have to take
the road which will eventually lead to communism.
Karl Marx, Das Kapital, 1867
Karl Marx, Das Kapital, 1867
UPDATE: As we all figured out, this is Faux Marx. More from Megan McArdle.