Gregg: ‘This country will go bankrupt’

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http://politicalticker.blogs.cnn.com/2009/03/22/gregg-this-country-will-go-bankrupt/

 cnn_politics

I didnt know much about these- economics, finance, but I heard some stories since the economic crisis emerged.

Someone refers from On Capital says, it is Marx’s inference that since capitalism could mass produce goods after the industrilization, they need to sell those “huge amount of commodities”, that’s why they invited advertising and other marketing tools. The capitalists want working class people to mass consume goods, even it means to put them in debt deep. When the debt accumunate to huge enough to cause bankrupcy of all the private banks, Government will have to modify them into state-owned, and all these will finally lead the country to Communism.

 

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