I agree to you Dr. Sharma. India in principle is a socialist country, with
patches of economic liberalisation. Thats why the Philoshopies of Karl Marx
are still vibrant. But interestigly, along with the problems, the possible
solutions for these inqualities are also enlisted in Karl Marx's famous book
"Das Kapital".




On Tue, Feb 10, 2009 at 3:27 AM, Dr.VN Sharma <[email protected]> wrote:

>     Karl Marx on financial 
> crisis<http://groups.yahoo.com/group/forestrights/message/6851;_ylc=X3oDMTJydDZoNmY4BF9TAzk3MzU5NzE1BGdycElkAzEwNDY1OTgzBGdycHNwSWQDMTcwNTA2Mzk4NQRtc2dJZAM2ODUxBHNlYwNkbXNnBHNsawN2bXNnBHN0aW1lAzEyMzQyMTE0NDc->
>   Posted by: "milind wani" 
> [email protected]<[email protected]?subject=+re%3akarl%20marx%20on%20financial%20crisis>
>  Mon
> Feb 9, 2009 1:17 am (PST) "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
>
> My observation:
>
> There seem to be close  similarity between the philosophical path predicted
> by Karl Marx 140 years ago and today's world economic condition esp. the
> ones existing in India. I say this because Govt seem to be dealing with only
> three uppermost issues in their mind: Economic Terrorism of the owners of
> the inflated economic boom Capital, Naxalism and Foreign Terrorists.  For
> the Indian ruling class the first one is a show off.  Others are need of the
> hour to be carried out seriously by the Govt of the Elites, .
>
>
> --
> "Those who have the privilege to know, have the duty to act." Albert
> Einstein
>
> Dr.V.N.Sharma
> http://canvas.nowpos.com/vnsharma
>
>
>
>
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