"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." (Das Kapital, 1867)Why are we quoting this? As per Karl Marx, capitalism would inevitably lead to communism and if this were to be true then it would have left footprints in the current era when we see capitalism acting as the eye of the tornado. China is probably as close as we get to this prophecy but the rest just seems to be a novel ideal at the best.
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